Anonymous
29 July 2013 at 17:22

Assessee status

I have a client who carry his business & has a Pan card on Delhi address but business is carrying from Uttrakhand.


Now My Question is that for Income tax (ITR Filling) purpose, Can we considered him an assesse of Uttrakhand.........?



Anonymous
29 July 2013 at 17:04

Direct entry scheme

Dear experts, im an existin ipcc student,
1)i wnt to reg through direct entry scheme,in aug,is it a rule to strt articleship soon aftr reg? m advised by doc to take a mth rest,due to health issues.will it affect my may14 attempt?
2)i hv already done my ITT & ORIENTATION,should i do it again under direct entry scheme?
3)when will my final attpt be due under the new scheme? will my final attmpt get delayed if i dnt clear in may14 attempt?THANKS IN ADV.



Anonymous
29 July 2013 at 16:59

Reverse charge mechanism

Dear Sir/Mam,
Is Reverse Charge Mechanism will be applicable if Turnover of Business Entity is less than the Exemption Limit?(For Legal Services provided)



Anonymous

sir i had passed group 2 in pcc in march 2011 exam but i am not able to clear group 1 so i converted to ipcc stream my doubt is about how can i clear group 1 exam in ipcc exam as because i had already passed taxation and costing in pcc stream again i had to write these two exams i had confusion in this regards please give answer to my query



Anonymous
29 July 2013 at 16:48

Hra and interest on housing loan

Can an assessee live in city A (where he works) and yet claim HRA deduction for rent paid for his family living in city B

He also claims Interest deduction on his own Housing Loan for a House in City A

Is there any such restriction on claiming both deductions ?

If not please give judicial or other citations


Ganesh
29 July 2013 at 16:47

Can i do icwai at the age of 39?

Sir

I had completed Inter Stage 1, now i lack confidence of getting good job after completing final!

please advice can i get good job after completing course at the age of 40+

Kindly advice

Thanking you
Ganesh


CS Birendra Verma
29 July 2013 at 16:46

Registration in ipcc

Dear all Professional,

I have a query,

One of my friend was doing CPT but he could not clear it. In the mean time he completed his graduation with 60% of marks in Commerce stream. My question is that can he Convert his registration into IPCC or he need to take a fresh admission in IPCC with full payment of IPCC admission fee.

Please get it cleared.


Divya
29 July 2013 at 16:44

Memorandum

Can anyone tell me the main object of Memorandum of Association in case of corporate services company?


rgurucharan
29 July 2013 at 16:43

Capitalisation

Dear sir,

I have a question on accounting of fixed assets. As we purchased the 10 settop boxes for our company.

Each of the settop box is Rs. 1200. The total value of the asset is Rs. 12,000.

The accountant has considered it as maintenance expenses. But I have idea it should be classified under fixed asset.

Please clarify with this accounting issue.

with regards,

R. Gurucharan.


divya barola
29 July 2013 at 16:40

Tds

One of our Clients had received Notice of Demand from the department for short deduction of TDS and Interest on late payment of TDS.
The minor head should ideally have been 400 ie. TDS/TCS Regular Assessment (Raised by IT Dept). But the payment was erroneously made in the minor head of 200 ie. TDS/TCS payable by Tax payer.
What are the implications of this?
Does the assessee need to write any letter to the department for the rectification of the same? Is there any possibility of receiving another notice for demand of the same?





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