Hi,Im an aspiring individual to crack the icwai course and i completed my ug(B.com) in yr 2008 and as per icwai im eligible to appear for inter exams but when im going through the syllabus im bit nervous to proceed further because due to the long gap im totally derailed from studies, to overcome this should i complete foundation books first as a self study or i can start preparing for inter exams. And im planning to appear exams on dec 2014. Pls give your opinion on this

I am a member of ICAI but not holding COP. I have left my job and am planning to start my own coaching classes for Commerce and CA students on full time basis. Kindly let me know if i need to seek the Institutes approval for doing so. Also Do i need to apply for COP for the same?

Best Regards
CA Sayee Sarnobat

Respected experts,
if a student decides to giv 1 grp & fails to appear for a paper,will his result be declared or not? how does it appear?

dear experts,
what is section code 21 in long term capital gain?INCOME CHARGEABLE TO TAX AT SPECIAL RATE please explain thanks

Houlsing loan interest query

Bank has issued loan certificate showing Printiciple Amt. 10433
& Interest Amount 25537.
Pre-emi Interest. Rs. 5055.


what will be deductabel amount for 80c & interest portion.


Thanks in advance.

Please refer me a direct tax book for the assessment year 2014-15.

can AO waive penalty if a concern fails to get its statements audited...?

Query ---- my client ,got the car for office use financed by Chola Mandal - a finnancier . They issued the cheque in favour
of car dealer and ask my client to give them 36 post dated cheques for due and payable every month . My client
issued 36 cheques of equal amount i.e. for 25000/- . Whether TDS was required in this case. If yes , how
TDS will be deducted , when financier wanted 36 cheques of 25000/-. Was it not the duty of financier
to prepare schedule of EMI after deduction of TDS. Pl guide , matter most urgent.

i have recieved notice form traces for tds of various quater showing me short deduction /collection and short payment in some other quater what is the diferrence between short deduction and short payment i have check it quater wise but could find the amt they mentioned in the notice for short deduction or short payment and in some amt which they show as short payment is already paid how to rectify if their is any mistake in tds and if tds return is correct and their in no mistake then what to do in this matter pl do the needful urgently give brief explanation as i have never before recvd like this notice for tds

Sir,

I made two payments to my vendor. In first payment i deducted the TDS and paid and in my second payment i did not deduct the TDS. My query is the total amount to the vendor is not reached the Threshold limit. Please give me solution whether it is mandatory to pay the TDS for the whole amount even it is not reached the threshold limit or it is ok, how much we have deducted and paid.

Regards,
Bala