Anonymous
23 July 2013 at 13:26

Land purchased

Dear Sir,

We have a office land in NCR for which the period of construction expires on 30 th April 2012 during the audit period of FY 2012-13 . We have paid Rs. 10 lakh to Authority for extension of period for 3 years for constructing our building for office usage.

We have to expense the payment of Rs. 10 lakh as Rate and taxes or else we can capitalise to Building – Capital WIP.

Please advise.


hitesh
23 July 2013 at 13:25

Depreciation on rented building wall

Can we capitalize the expenditure on construction of boundary wall in rented building?
If we have an ownership then what will be the provision?



Anonymous

Dear Sir,
one of My client is already registered with Service tax Dept under catagory of Transport Charges. Now due to reverse charge mechanism, co. is required to pay Directors fees & Advocate Fees. On above payment, as per reverse charges mechanism, co is liable to pay service tax. So, is it necessary to amend service tax registration and need to add which catagory of service?
Kindly Advice as early as possible.


Guest
23 July 2013 at 13:09

Sec.194la

what is the applicability of this section


Soyam M Vahora

What is IBAN & it is required to transfer fund from foreign to India ?


Praveenveldhi
23 July 2013 at 13:03

Tds refund

Dear sir
my friend have been doing job in US in TCS company for the last two years. he came india in january and get the salary 1,80,000(90,000pm) for the month of feb and march (same TCS company in india).
and my query is.... they deducted TDS Rs.150000/- what is his position could he get refund of TDS because 180000/- is below exemption limit.



Anonymous
23 July 2013 at 12:59

Form 16

What is the Difference Between
Form 16 [See rule 31(1)(a)]
Form 16.[See rule 31(1)(B)].

Both Type of Forms are Being issued by Employer.

First One Contain Amount Credited also.

Second One Contain Only TDS Deducted.

Any One Have Practical Idea for the same ?



Anonymous
23 July 2013 at 12:58

Epcg redemption

Dear Sir

Form ANF 5B and Appendix 26a Should be Signed by chartered accountant for EPCG License Redemption.

Q1 Sir, does it mean that chartered accountant who is not holding COP can also signed & Authorized that form and certificate.?


Thanks



Anonymous
23 July 2013 at 12:58

Due date of income tax return

What is the due date of Filing of Income Tax Return in case of Designated Partners of a LLP where accounts of LLP are auditable u/s 44AB and LLP Act?


CA Minhaj Ansari
23 July 2013 at 12:49

Accounting treatment

I Want to know that suppose if a creditor's dues of 1,00,000. if i made payment otherthan cash mode with a bank charges of 1,00,250.
what will be batter Head of Accounts for 250 paid as Bank Charges or any other treatment.
please suggest me?

Thanks





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query