CA RAJESH B. PATANGE
23 August 2013 at 17:51

Transfer of asset

Sir,I am salaried person drawing a salary of Rs. 400000/- pa. I want to t/f Cash Rs 200000/- to my mother who is housewife having no any source of income and she is gong to utilize the cash for investing in F.Ds so i want to know that what is tax treatment?


Ashit Shah
23 August 2013 at 17:50

Export shipping bill filing for iran

For doing export to Iran, by mistake i have filed the export shipping bill in USD instead of INR. Whereas my payment has been received in INR in my UCO Bank. Now the UCO bank is demanding for the Shipping Bill in INR only. What is the solution to this problem ? How do i resolve this issue ?


Ankit
23 August 2013 at 17:49

Director regarding

Company earlier has 2 whole time directors and 3 additional directors.the 2 wtd has resigned and the company was carried by additional directors from past 3 years.All the forms,bal sheet and other documents has been signed by them.

Kindly help me in providing the remedy for the above


tejashree
23 August 2013 at 17:48

Ca final preparation

Hi

I am starting again with my CA Final Preparation after a gap of Around 2 Years.

I am planning to give each group at a time.

Please help me in Planning my studies .

I want to give my first group in May 2014.
I am working with a Pharma Company.

rEGARDS


Hardik Thakkar
23 August 2013 at 17:48

Valuation of shares

What is the basis of a stock or share is being valued sound or good? Is it through the EPS method? If that is so, there are companies whose market value is 2.5 times or 3 times of the EPS, whereas there are companies which is having 45 times of EPS like NESTLE, page industries 43 times, BOSCH 30 times, oracle financial services 23 times of EPS and these companies are traded a lot in daily, whereas someother companies having 3times or 5 times of EPS doesn't trade much in the market. How to go about it as i am novice and planning to trade intraday(Rs1,00,000/- my share received from the share of ancestral property). Your valued suggestion will help me out to decide.


B.CHANDRA SEKHAR
23 August 2013 at 17:47

Persons covered under reverse charge


whether reverse charge will apply, in case of service bill for supply of man power by individual to LLP


JAYESH H MANGE
23 August 2013 at 17:44

Service tax liability for new business

If a proprietor has established a new business and have taken service tax registration but annual turnover is less than rs.10 lacs,does he need to pay service tax for the same AY ?


Sairam
23 August 2013 at 17:43

Tds

Dear All,
One of my client has raised a bill for interior furnishing and painting works to an individual for 61821. There are no other transactions for the year with the same party. They have paid the amt in advances by breaking up the amt so that it doesnt cross 30000. Is TDS required to be deducted on this?


dhiren.limbani
23 August 2013 at 17:41

Commany law

What is the doctrine indoor management ?



Anonymous
23 August 2013 at 17:39

Filling of income tax return

Dear sir,
As i have started newly my profeesion , kindly guide me about filling of income tax return For the following case.

Recently i have meet with a my newly client for income tax return.after examining all the detail , i am confused about ITR form and how to show income.

Mr. Aplesh who is working as Art director and received 4lac rs. entire year from reliance big ent. limited . As per TDS status 40 K (u/s 194J). TDS has deducted.
now the case is , he is living in a joint family , and his elder brother without knowing his income , he just started a tours and travelers business on his PAN Number. now he has also received 5lac Rs. Income and deducting Amount of TDS shown in Form26AS 5K (u/s 194c).

and His brother didn't maintained any accounts of his work , done under tours and travelers business. despite he has some vouchers of paid salary to drivers and rent of vehicles.

Now his total income has reached to 9 lac. for AY 2013-14.
shall i need to filed business return for the income ? or i show Art director income under IFOS.

other important detail
u/s 80c he has paid 12k as mediclaim
& For business purpose
he has taken 24lacs Loan from the Bank

how can i make a tax planning to get some of the tds refund amount out of 45K ?






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