Dear Sir,
If Director of Private limited company having loan(advances) of 2.76 Crore. But Now he was getting Bonus from US Company(51% of Foreign) Up to 3 Crores( in march 1 crore & 2 crore in may 2014). he was problem of more likability.
he was planning close the Loans upto 50% in 31.3.2014. remaining amount in may 2014 . is possible or full amount will close?
is any problem will arise from income tax. ?

One of my client has two businesses. One is in proift and other in loss for the FY 2012-13. Now he wants to file his returns. Can he sett off the business profit with business loss.

Please help me regarding this.......

1.) Gas cylinder is supplied to hotel for cooking purpose.whether VAT input is allowed on tax paid on purchase of gas cylinder?

2.)Gas cylinder are used to cook food which and the food later sale to customer.whether vat tax for the gas cylinder used for customer can be charged from customer.

3.) Whether input can be taken for above.

I am a CA final Student. I am Appearing on May 2015. I want to ask you that because of my financial condition & shortage of time due to articleship, is it possible to do the preperation of Direct tax without any Coaching????
Give me Suggestion whether i should go for Coaching or try to prepare for Direct Tax at home???? I am very Confused Sir..!!!!

Sir,
my question is if the Housing loan taken by both husband & wife jointly as co -owners and both are earning person. Can they both take the tax benefit if-

1) the payment is made by husband from his account.

Can a petty contractor whose total receipt less than rs.10 lacs , eligible to file ITR 4s as he did not maintained any kind of records except its Ra bills copy and bank account.

Dear all,
I have two condition, please tell me in which situation there is exchange variation.

a) If i make advance payment for purchase on 14/2/2014 Rs. 10000 for assume $25 where 1$=40 and purchase is on 19/02/2014 when 1$=42. Then what will be the treatment for difference amount of Rs. 50.

b) If I make purchase on 19/02/2014 for assume $25 where 1$=42 but payment is made on 25/02/2014 for $25 where 1$=45. Then what will be the treatment for difference amount of RS. 75

Thanks all

I have deducted of Rs 1000/- towards contributary pension scheme of govt. of orissa , similary govt. contribute of Rs 1000/- towards cps , i want to know my contributation of rs 1000/- is exempted under section 80c and employer contributation is exempted under section 80ccd please suggest this is correct or not

SIR

I AM RUNNING A SMALL PRINTING PRESS AND MY ANNUAL TURNOVER IS RS 3.5 LAC , NOW I AM CONFUSED WHETHER APPLY FOR TIN NO. OR NOT IF ON SAME TURNOVER I SALE THINGS ON CENTRAL. PLEASE EXPLAIN


THANKS & RGDS

MUKESH KUMAR

Dear Expert


Have started a new Air conditioner Service centre for air conditioner but my total sales turnover is only below 1 lakhs do i have to pay service tax for this ,

i have register service tax and i have service tax no also

help me in this regards