is companies act 2013 , applicable for dec 2014

Hi,
I know that the ICAI has introduced a new rule by which graduates (both commerce or non commerce) can directly enroll for IPCC and take up the exam after completing 9 months of article ship.

My doubt is that:
Does the above rule mean that all graduates who are enrolling for CA course for the first time should register to IPCC directly or can a graduate person still choose to take up CPT first and then IPCC.

The main reason I am looking for a clarification is because from what I understand those students who go through CPT route can take up IPCC exam - atleast group1 (ofcourse after completing CPT) and only then join article ship whereas those who register directly to IPCC can take up the exam only after completing atleast 9 months of article ship.

Please clarify.

I have sold a Long Term capital assets other than House property and after the date of sale I have purchased a new house property for which 40% payment was made from my own savings and balance through HBL. On the date of acquisition of new house property I do not hold any other House Property.

Whether payment made from HBL will also be treated as consideration for new house for the purpose of claiming the exemption U/Sec 54F of the I. T. Act, 1961?

one of my client's firm is having gross turnover of Rs.5200000 and they declared income less than 8%. further the income also does not exceeds the taxable limit. Whether Audit u/s 44AD is required or not? What if the last date for audit is passed n assessee filed his I.T. returns with income less than 8% !

Hello sir,


There is a client and it's constitution is Proprietorship.
Sir it's a advertising agency and liable to pay tds @ 1% but some clients has deducted his TDS @2%.

Sir Want to simply ask whether Proprietor can ask from client for that amount which he has deducted @ 2% Instead 1%...

We are basically a land developer company engaged in construction activities. We use to construct residential townships, commercial centers and then sell to individual or corporate. For construction of the same we hire Labour Contractor to construct with Material. What Service tax provision we have to follow and any registration req for us??

Please suggest..thanks

Hi to all...sir while filling E-TDS for 24Q, Quarter 4 F.Y 12-13 in TDS MAN software, An error showing like this:-
T-FV-2133 For Form 24Q quarter Q4, SD is mandatory, so count of salary statement records must be greater than 0 (zero, I can't understand it...Can any1 plz let me know what it is.....

dear sir
i have made the payment of tds through online,made mistake in nature of payment and major head 0020 and minor head 400 tds fill for the sub contracters..
so whats the solution for it..

When we went to submit the nil TDS return, we were told by the NSDL person that , A NIL TDS RETURN NEED NOT BE FILED HERE ONWARDS,as dept. has made it mandatory to quote correct challan number for uploading a tds return and in the case of nil tds return as there is no question of quoting challan details, a nil tds return need not be filed.

I searched for related circulars/amendments, but am unable to find one. I found a circular which says that one has to quote correct challan details to upload a tds return, but , am unable to find a circular which says filing nil tds returns not necessary.

Can anyone pls tell me when to book the expense of Lift installation under construction business.

Total contract price of lift installation is 1300000/- payment is made in 2 years and in 2nd year lift is installed in construction site.
Lift not to be treated as Fixed Asset. It is a material used in the completion of building for sale.
Thanks