I AM CITIZEN OF INDIA & WORKING WITH COMPANY IN INDIA THE SAID COMPANY HAS CREDITED TO MY A/C.THE VALUE OF SHARE I.E 11,25,602 BEING VALUE OF PERQUISTIES U/S 17(2) AND INCLUDED IN MY TAXABLE SALARY IN FORM NO 16.THE SAID SHARE ARE GIVEN BY THE EMPLOYER IS LISTED IN NEWYORK EXCHANGE NOW I AM SELLING THE SHARE WITHIN ONE YEAR OR AFTER ONE YEAR THROUGH SHARE BROKER IN NEW YORK WHO HAS REMITTED THE SALE PROCEEDS OF THE SHARE IN USD VALUE & CREDITED TO MY SB A/C IN INDIA IN INR WHETHER SHORTTERM OR LONGTERM CAPITAL GAIN IS ATTRACTED & PAYABLE BY ME ALONGWITH MY SALARY INCOME TAX RETURN PL EXPLAIN

Hi
A share holder of a private limited company wants to transfer his share to another person name.( not a relative of share holder).So what is the procedure should be applicable on share holder. and also company is liable to intimate ROC for change in shareholding or not.if Yes then any payment should be made to ROC .

I have filed tds statement for q2 -2013-14. In that statement, challan date-in one challan was wrong and I got demand intimation. Afterthat I filed correction statement. In that statement, two challans were shown as mismatched but data of one challan was incorrect. so I corrected one challan data and filed revised tds return. Now after processing the statement, I have again received demand notice for that challan which was shown mismatched and all datas were correct. The challan status is shown as overbooked. on traces site. And in challan inquiry, the status is matched for the challan.

Now How can I file the correction statement for that challan??Reply soon.

details when i started CA:-
HSC 2007 batch
CPT studies started from 2008

Where i have reached:- IPCC one group Clear

what i wanna do:- my dad has a small setup of income tax and VAT practice(he is not a CA)wanna do something of our own NOT A JOB FOR SURE.

My problem:-
i am 25 now and need to think that should i continue CA or just not my cup of tea?

If i continue i think i will still take 3 4 attempts minimum for CA final ie at age of 29. that is also not sure as per my caliber

if i don't continue what else can i do?
CS isn't useful because i don't wanna take up job in future and CS practice doesn't work well.

Options i know (for own practice or own setup) is LLB. but is it really worth?

please suggest
i need to support my family.
badly stuck up

our cmpany has corssed the net profit of 5 -crores in the financial year 2007-08. however after that year til date our profit is in between 2 to3cr will sec 135 of new compamines will be applicable to our company.

Hi friends

is it applicable sec 80TTA deduction for the A Y 2014-15.

Thank you

Suppose 3 brothers inherted a property (Land) from their Father. he said land is handover to Land Developer under tripatriate model in consideration of the 55% of the Property developed by the builder.The moment they transfer the land, Capital Gain arise.
1. Whether the Capital Gain is taxable in their hand as AOP ?
2. How the Capital Gain Tax can be reduced in such case.

We are remitting Gurantee Fees, Technical Fees to our Foreign Company(Holding Company) by following provision of DTAA.

We also deducting TDS as per DTAA Provision

Foreign company also having PAN No in India

We also filing 15CA through online by mention the PAN of the Foreign Company.

Whether Foreign Company has to File Income Tax return in India? What is the procedure?

Suppose an individual buy a flat (In construction) for Rs 5 crores by taking a housing loan of Rs 4.5 crores and paid Rs 4,00,000 as procesing fees.
1. Whether the procesing fees paid during pre construction period will be allowed u/s 24 in House Property.
2. Whether the interest paid and processing fees paid to be capitalised to HP.
3. Whether the processing fees paid will be considered as "Cost of Acquisition" while selling the said property in the future.

My mother opted for voluntary retirement from service at 57 years of age from central government...

Whether she can enjoy exemption on 100% of retirement benefits or the exemption would limit to Rs. 500000/- as prescribed under section 10(10C).