preetham

Is reverse charge on supply of man power is applicableto trusts and society



Anonymous
15 July 2013 at 07:05

Articles - transfer

Hello

I am IPCC student,Joined through direct entry sceme,i have passed in CPT in Aug 2012 when i went to register institute people suggested me to go through direct entry scheme,i have joined for articles in Sept/29/2012 now am finding very difficult to manage work and studies same time,as my principal is sending me very far places for auditing and not letting me to join any coaching centers.

please can anyone tell me if i take transfer,i have to join new firm before submitting Form 109 here or after getting it signed do i have some time to join the new firm. I want to know if i converted back to CPT my 9months articles will be wasted.....



Anonymous
15 July 2013 at 06:56

Capital gain

MY MATERNAL GRANDMOTHER SOLD HER HOUSE LAST YEAR IN WHICH SHE WAS RESIDING AND RETURN WAS FILED ACCORDINGLY.
THIS YEAR HER BROTHER SOLD HIS HOUSE IN WHICH HE WAS RESIDING BUT THE DOCUMENTS OF THE HOUSE SHOWED THE NAME OF ALL BROTHERS AND SISTERS DUE TO WHICH MY MATERNAL GRANDMOTHER GOT SOME SHARE. I WANTED TO KNOW HOW TO SHOW IT IN INCOME TAX RETURN AND WILL THE AMOUNT RECEIVED BE TAXABLE?



Anonymous
15 July 2013 at 06:38

House rent allowance

IF PERSON LIVES IN RENTED HOUSE CAN HE CLAIM HRA EXMPTION DURING FILING OF ITR IF SAME HAS NOT BEEN CONSIDER BY EMPLOYER AND DEDUCTED TDS ACCORDINGLY.
IS THERE ANY ISSUE IF SALARY INCOME DIFFER DUE TO HRA EXEMPTION AS PER TDS CERTIFICATE ISSUED BY EMPLOYER IN WHICH HRA HAS NOT BEEN CLAIMED AND ITR FILED BY EMPLOYEE WITH HRA EXEMPTION.


vikas
15 July 2013 at 03:22

Buying property

we have family of four me my parents and my brother all we have income under non-taxable income so we do not return file. now we are buying a property under 10 lakhs on my mothers name so what should we do regarding income tax purpose and for transaction of money through bank from my mother account because mother dont have enough money should we all off us show loan to my mom give the proper solution what is the maximum amount to be gifted and if we dont return a file the non taxable income is added in my asset every year



Anonymous
15 July 2013 at 01:23

Real assets

can anybody define "real assets ".
whats the correct definition of real assets?


rama
14 July 2013 at 23:52

Sec 234e late fees filing query

When making payment for Fee under sec. 234E for Late Filing Fess what "Type of Payment" has to be selected in the challan, as this is mandatory. In the second quarter return that I have filled it has Contractor/Commission and Rent category. Do I need to bifurcate the Fee amount and make separate challan as per the category.
Please advice.

Regards


AMITAVA SAIN
14 July 2013 at 23:50

Fees for technical services

An Indian company purchases engineering drawings from foreign organisations for the purpose of its business in India.These drawings are termed as pre-engineered design modules required for manufacturing conveyors and material handling equipment of standard sizes and capacities conforming to International standards like DIN.ATEX etc.In fact these are like ready made drawings supplied by the vendor as per the requirements of the customer.My question is whether payment for such purchases can be considered as fees for technical services liable to be subject to TDS u/s 195 of the ITAct 1961.



Anonymous

An assessee has no income under the head 'Business and Profession'during the P.Y 12-13 but has brought forward business losses of earlier years and also has total income more than 25 lacs.Does he need to file ITR-4 and also disclose details of Assets and Liabilities in schedule AL?



Anonymous

Hi,
I am a salaried person.
So I know My financial years income.

Now I have bank fixed deposits interest paid at maturity for 2 years.

Opened on 1st july 2013-1st july 2015.

So while calculating income for other source should i calculate july 2013-march 2014's interest?(9 months)

If i found my salary income + this interest is not taxable can I submit 15G.

For finanacial yr 2014-15 should i calculate 12 mnths interest.

For financial yr 2015-2016 should i calculate 3 mnths interest (ie apr 2015, may 2015, june 2015) as interest from other source? It matures in 2015-2016 fy. on 1st july.

Please advise





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query