sir
1. for purpose of 87A what is total income ?
(a) imcome before allowing deduction of chapter VI. or (b)imcome after allowing deduction of chapter VI.
2. does rebate of Rs.2000 is available after calculaton of toal tax (Tax+ Education Cess)or available after calculaton of tax (Tax only) and after then add the education cess.
Sir/Mam
I filled d form for registration of articleship Bt my firm deposited it without d fees. Its been around 3 months now there is no letter of discrepancy from the institute nor for confirmation of the registration..I want to know if i deposit the draft now whether my date of registration ll b from d date mentioned in d form or from d date of dd??
Thx sir for ur reply.. Please help me clarify, does it mean that MVAT tax needs to be paid within 20 days or even return needs to be filed by that day. Do the person still need to make any payment on account of interest if tax is paid by 20th... Thx..
there is a dispute between me & my ca & now he is telling to me i will not sign your examination form & also extend your training period. please anybody suggest me what i should do in these situation
An enterprise purchases packing material on which excise duy is charged. Is enterprise eligible to avail cenvat credit if the packing material purchased is at a plant at which no manufacturing takes place?
Thanks
(1) Assessment Year 2011-12
(2) Assessment completed under Section
143(3) of the Act.
(3) Assessee was assessed as Representative
Assessee (Section 160 of the Act)for
Capital Gain Income of her Majour
Daughter who is NRI and the Property
was sold in India by her Mother (the
assessee)through a Special Power of
Attorney executed by her Daughter.
(4) The Representative Assessee (mother) is
ready to pay Tax on the said capital
Gain.
(5) But what about Penalty under Section
271(1)(c) of the Act.
(6) Whether the Representative Assessee is
liable to pay Penalty also.
(7) Section 161 of the Act, speaks for
"TAX" only and not about any "PENLTY".
(8) Also, Tax does not includes the Penalty
but includes Interest only.
Please reply with Case Laws.
With Thanks
CA. LAKSHMISH KANT
9268829820
ishassociates@gmail.com
I have cleared IPCC both group and I m going to compete my 1 year of articleship on 13 Feb 2014 , I want to know whether I m eligible for industrial training and when can I start my industrial training. thank you in advance...
if rent is greater than rs.100000 pan is mandatory for claimimg hra.but if landlord is not giving his pan no.than for tax saving purpose a salaried person what can do to avoid tax laiblity on it.
if rent is more than rs.100000 for claiming hra pan is mandatory.if landlord is not giving his pan no.than for claiming house rent allowance what can we do?
is tax liability arise if we shift from one scheme of mutual fund to another???
if yes then what will the tax treatment in the individual resident??
Category of scheme is DEBT & non tax saver.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
87a of income tax