Vikas Gadekar
16 August 2013 at 10:00

Co-op hsg society accounts

Dear Sir

Would like to Clasify under which expenses the follwing expenses to be accounted for, under Society Bye Laws.

Some members insist that common expneses like toileteries, toilet cleaning charges, amc for fire fighting expenses, amc for other common expenses, water pump repairs, to be accounted for from amount collected from members on Sq. ft basis towards building repairs fund collection instead of Service charge which are collected equally per member irrespective of the area of their flats.

Is there a table which shows how the expenses are to be accounted.

Kindly advice

Regards,

Vikas Gadekar


Velumani S S
16 August 2013 at 09:58

It benefit on top-up loan

Dear Sir/Madam,

Recentry I took a top-up loan to construct house in another site from ICICI. When I demand a provisional certificate from banker they denied saying that top-up loan is not eligible for IT claim. I am already had a home loan from the same banker for the same they are issueing provisional IT statement. Can tell the way to claim IT benefit for top-up loan.

Regards,
velu


dewang
16 August 2013 at 09:57

Notice u/s 142(1)

Hi,

The assessee had not filed I. T. returns for many years due to non taxable(EXEMPT) income.
( ONLY AGRICULTURAL LAND INCOME )
On 01-06-13, the assessee received a notice u/s. 142 (1) for AY 2012-2013, for producing explanation of certain transactions (and not for filing of I T retruns) . No assessment notice u/s 143(2) has been issued and served to the assessee on a prior date

Is this notice valid?

What are the time limits and conditions for issue of a notice u/s. 142 (1)

The Assessee SOLD 100% AGRICULTURAL LAND IN THE SAME A Y AND C G IS NIL.
( PURCHASE ANOTHER 100% AGRICULTURAL LAND WITHIN TIME LIMIT )

If the assessee appears and provides explanation to the AO than he can charge u/s 292BB and opther provsisons of the Act take action against the assessee for non filing of returns?
What addititinal action can the AO take against the assessee.

In case, if the assessee does not file any reply to the notice received or appears and provides any explanation to the AO, what further action can the AO take against the assessee?

Request you if you could also give case laws to strengthen the case of the assessee in the above matter

Awaiting your reply to above

Thanks & Regards in advance
Devang P



Anonymous
16 August 2013 at 09:26

Case law for nov 13 exam

Hello sir,

case law for nov 13 exam are included in RTP?? or we have to purchase special book for it??

Plz reply me as early as possible

Thank u


SATYENDRA KR. GUPTA

Dear Professionals colleague
Please give me list of documents required for registration in copy right and registration procedure.

Thanks
S.K.Gupta



Anonymous
16 August 2013 at 08:27

Articleship exemption of cs

i am cs final student,passed my 2 groups and result for other two groups is awaited,i have worked as executive in a manufacturing concern for 3 years,having a paid up share capital of 30 lac rs.can i claim exemption in articelship of comapny secretary on this basis



Anonymous

Dear Sir,
I have paid Rs.50000/- to an Insurance Company on 20th March, 2013 to take out a Life Insurance Policy so that i can claim deduction u/s. 80C in FY-2012-2013. They have provided me a deposit receipt stating therein that the amount is eligible for deduction u/s. 80C & the policy which they provided later on confirms that part too. But the problem is that the effective policy date as per policy documents is 24th April, 2013. I want to know whether i am eligible to take deduction u/s. 80C in FY-2012-13 i.e. in the year in which i have paid the initial deposit or in FY-2013-14 since the policy comes into existence in this Financial Year only?


VAISU
16 August 2013 at 01:56

Articleship timings..

can anyone tell traveling tym to go for
audit shall b considered as articleship
working tym . .. ? means can travelling tym
is considered as articleship tymings. . ? wht
if d traveling tym takes daily 2 hours for
reaching d destination nd 2 hours to
come back home. .plz reply as soon as
possible. . my mailid is vaisuoza 2009 @
gmail. com u cn reply me on tat also ..


DEBABRATA
16 August 2013 at 00:58

Tax audit

Sir ,

1) Can filed Income tax Return u/s 44AB after due date 30/09/2013 ?

2) It is mandatory to Make " ADD CA " Option within 30/09/2013 ?

Please help me .



Mohit Nehra
16 August 2013 at 00:52

Exemption useful in next exam

I have cleared My IPCC grup 1 this may 2013 with exemption in accounts with 69 marks.I have to fill exam form for grup 2 nov 13.I want to know if this exemption is useful for next exams and should I mention it in my exam form?
Thanks






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