banner_ad

Shailesh

Is Goodwill on Consolidation of Foreign Subsidiary (AS 21 Goodwill) changes from period to period without Acquisition?

i mean due to Currency Fluctuation.


sonika kaushik
13 March 2014 at 11:42

80ee

Will the deduction of 80EE available in the following case:

Two home loans are availed:
Rs 24 lakh for aquisition
Rs 3 lak for renovation

Both the loans are santioned between April 2013 to March 2014

Also value is less than 40 lakh.



Anonymous
13 March 2014 at 11:29

Reissue of password

Dear Sir,
last year my income tax return is filled manually by the my representative. They had generated my online id and password. so that we can check the TDS in 26AS.
But in this year i want to file online return by myself. But i have no password.
I have mailed on validate@incometaxindia.gov.in for reissuance password with pan details. But they says "The new e-filing login password would be shared only to the registered email id". so tell me sir, how can i register my email id to get password ..... if any other remedy is available for me, please guide me.....



Anonymous

IF TOTAL T.O OF THE PARTY IS BELOW TAX AUDIT LIMIT BUT DUE TO CAPITAL GAIN...SUCH CAPITAL GAIN AMOUNT EXCEED THE TAX AUDIT LIMIT...SO WHETHER CONCERN IS LIABLE TO TAX AUDIT?
e.g.:- FOR A.Y.2014-15
TOTAL T.O. :-64LACS
CAPITAL GAIN :- 1.2CRORES

WHETHER LIABLE TO TAX AUDIT OR NOT?



Anonymous
13 March 2014 at 11:23

Turnover for commodities trading

An investor trading in commodities derivatives on MCX. No delivery is taken. how the turnover for the purpose of limit of Rs. 1 crore for tax audit will be calculated.



Anonymous


Dear sir,

we are received 'commission received' statement from Amway. In this statement shown as two types of commission (Personal & Differential). The company says Service Tax applicable only on Differential commission. Not applicable on Personal Commission. Please clarify in this issue.

Thanking You
BALASUBRAMANYAM
TIRUPATI
MOBILE NO : 919703003029



Anonymous
13 March 2014 at 11:05

Income tax

If banking Organization or any organisation paid income tax they gives that effect in Income & Expenditure Account But the payment of income tax is disallowed under Income Tax Act.Why this should not be a allowable Expenditure?


johnny jain

I am an article assistant in a partnership firm and completed 18 months of articleship. Two days ago a partner of the firm under whom I was registered passed away. Now I want to know what can I do. Can I take transfer on the above mentioned ground or I have to compulsively serve under other partner which I dont want to serve.



Anonymous
13 March 2014 at 10:21

Re registeration procedure

I have completed CA (Inter) in May-1991.Can i do CA (Final) now. I have been registered for final course in 1991. May please intimate whether I have to re registered for final course.Procedure for registeration may be provided, want appear in Nov-2014 exam.

Regards,
Sanjiv Sharma


saravanan natarajan
13 March 2014 at 10:20

Education institute by which act.

Dear sir

I am running "Sakthi Educational Institute" in Tamilnadu. Around 50 students are studying and writing their Correspondence exam. We are conducting only correspondence cource and which is authorised study centre by University.

My students are paying fees locally and more than 30 students from abroad. They are paying fees through on-line from abroad.

My question is
1. Whether I have to register my institute in (a) propritor act or (b) Partnership act or (c)Trust act ( because foreign money is coming to my account (FCRA Act).


2. Bank account in savings a/c or current account or any other?

3.Which tax is applicable
1. Income tax
2. sales tax ( TIN number is necessary or not)
3. Service Tax ( because we are not doing sales, it is purely service activity)

Please guide me.

Thanks and regards
N.saravanan







CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details