HITESH GUPTA
14 April 2014 at 10:55

Query regarding section 80g

Respected Sir,

My query is that how much % of donation could be availed on donating 10000 Rs in cash to arya samaj mandir by a private company.


Thank in Advance


HARSHITA GUPTA
14 April 2014 at 10:44

Urgent query regarding section 194c

Hello Experts,
one of my client is paying his contractors following Amts:--
1 fixed monthly contract amt.
2 local conveyance exp
3 printing & stationery exp.
4 tea & water exp.
5 office exp.

all these bill are in the name of company not in the name of contractor
But company gives cheque in the name of contractor.
my query is that u/s 194c on which amt tds will be deduct?

Thanx & regards
Harshita Gupta





shalender
14 April 2014 at 10:41

Tax audit

i have some confusion regarding following matter because as I have discussed the matter with different people , their views are different -
Some people say ( including practicing c.a and advocates) that if I am maintaining proper books of account and my turnover is less that audit limit, I do not need audit even if my net profit is less than 8%, Is it right?


Priyanka
14 April 2014 at 10:22

Due diligence by bank

Whether it is mandatory to get the due diligence certificate done by a PCS or the CS in service can get it done and sign



Anonymous

Dear Experts,

Suppose, I had Purchased immovable property in year of 2000 for Rs. 10 lacs, on which I had paid Rs.10,000 as stamp duty. However, in year of 2002 Stamp value authority calculate value of that property as Rs.12 lacs and therefore I had paid Rs.2,000 additional stamp duty.
Now, in case I am going to sale such property then what will be my cost of acquisition for calculation of capital gain, whether Rs.10 lacs+Rs.10000 OR Rs.12 lacs+ Rs.12000 ??

Thank you in advance



Anonymous

Dear Expert,

I am going to apply for PAN card of my wife. We married last year but there is no proof available in my wife's name because we shifted into another city.

I have rent agreement in my name as well bank account in my name but my wife doesnot hold any address proof in new city .

What documents required for her to apply for pan card.

Give me practical solution so that i can apply for pan card



Anonymous
14 April 2014 at 09:28

Books of occunts &sec 44ad

respected sir,
i have started a new retail business on 01-04-2014.already my gross receipts have cross 10 laks .so as per sec 44aa of income tax act i have to maintain books of occunts for the purpose of determination of income.my gross receipts will not cross one crore and at the end of the year i want to declare my income under sec 44ad.now i want to know form experts that
point no.1.as my gross receipts crossed 10 laks i am liable for sec44aa
2.once i declare income under sec 44ad , sec44aa becomes inefective on me .
please discuss


GAURAV ARORA
14 April 2014 at 09:08

Service tax return

I am working as an accountant in Punjab State Power Corporation Limited. Service Tax Return for the last half (from 1 apr 13 to 30 sep 13) is filled by advocate.I want to file the return for the next half (from 1 Oct 13 to 31 mar 14)himself. I have already registered with aces.gov.in.After logging into the ACES under RET module "file return" option is not displayed.Whether i can file the return himself.


KARTIK JAIN
14 April 2014 at 08:28

Residential program

Dear All please suggest whether to do 4 weeks residential programme or not conducted by ICAI. what r its scope of doing??, I meant how does it help in recruitments & all. is it worth to spend 40k while gmcs is just 6.5k & to go Hyderabad specifically as this program only available dere & no whr else???


P Sukumar

We are, partnership firm, providing manpower to various firms & companies. Our clients vary from small ownership firm to corporates.

How to we charge service tax to our clients. Whether it is 12% for all or 3% for corporates and 12% for ownership firms.

Please clarify. Thanks in Advance






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