Anonymous
12 July 2013 at 17:37

Sec 56 of income tax act

an individual receives shares as a gift from her cousin brother(chacha ka beta,bhai)of an amount exceeding Rs 50000/-.whether this is taxable income u/s 56.Explain in relation to relatives defination u/s 56 of Income tax Act 1956,


Dhananjay
12 July 2013 at 17:36

Lost!

R/Sir,

Cleared CPT in 2010, registered for IPCC and with in couple of days i lost my dad. Left in a miserable conditions,had to work for the bread. Now after three years when the conditions are ok to some extent i had approached ICAI and found that my registration is valid. I want to continue my studies.

When starting the studies after 3 three years, i took my 11th and 12th books again gave a recap and am again in the flow.

The problem with me is now where to start from and how.
1.Should i give november attempt (only group1) ??

2. All Coaching classes refused due to late waking up of me, how to study on self- will it make up.

3. What should be the flow of study, from where should i start, which subject to be given more weightage and time.

I know am with a bunch of issues, but i just request seniors out there to show the way and pat my shoulder- I will run rest of the race gratefully. :)



Anonymous
12 July 2013 at 17:35

Partnership deed

Can partners sign partnership deed at two different places viz. one partner is outside india can he sign deed from there and deliver to other partner in india for signing......Whether it is allowed that partners are not present in person at the place where partnership is formed........ can they sign deed at their respective places using word "signed & delivered by"?



Anonymous

Dear Sir(s),
I worked for Resident Welfare Association (RWA). One of RWA vender is (Individual)providing man power services and he billed to RWA. But in bill service tax charges by him 3.09% rather than 12.36%. is this correct?
Please let me guide as soon as possible.

Thanks & Regards
Akhtar



Anonymous

How can we create an mca login id of bank official on mca portal to register the dsc of bank official on mca site? because when we are going to create an id for bank office the window is not showing the category bank official. it's shows only category of Registered user or Business user.



Anonymous
12 July 2013 at 17:06

Registration of charge with roc

What is the remedy for a bank if inadvertently at the time of sanction of a loan Form 8 was not filed and after the sanction of that loan company is not ready to file Form 8? Then how can bank register that charge with ROC without the dsc of that company?


sushant
12 July 2013 at 17:03

Treatment of proprietor's drawing

What is the treatment of Proprietors drawing from bank a/c for personal use. i know the basic entry like- Drawing a/c--dr
to capital a/c.
But is this entry applicable for the proprietor's drawing like- payment of school fees, lic prem, mobile bill (spouse),Atm withdrawn, purchase personal assets through Debit card.etc.

Because if we will debit the capital in all this transaction then the capital will be decrease at regular interval and at final it will reach into nil.

So please suggest me how to deal with this kind of transaction for Proprietorship Company.



Anonymous
12 July 2013 at 17:03

Install of rpu3.5

Sir
I can not install rpu 3.5 in my window7. Please help me


CA Ravish Trivedi
12 July 2013 at 16:54

Tds on immovable property

I am in the process of buying a property which is jointly held by Mr A & Mr B. and deal value is 80 lacs. Can i deduct TDS separately for each seller?



Anonymous
12 July 2013 at 16:53

100

dear sir i have one company with a business of clothes and shoes and i am purchase two machinery in which one is produce clothes and another is shoes i paid excise duty on both machine.At the time of purchase of machinery as follows :-
on cloths machinery suppose rs 3000
and on shoes machine rs.5000
i produce clothes and charge excise duty of rs.4000 on clothes in that way i has a output of excise duty is rs.1000 is remaining clothes is exempt from excise duty from 1.3.13
can i am adjust the renaming output of excise duty on shoes machine with the input
excise duty on clothes machinery.





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