Renuka Devi

Sir,
Present I am doing articles..Sir, whether subject wise coaching classes is possible in hyd for cs executive?
Please send the related information regarding this..
I am eligible to appear for module one in this dec.. I want coaching for economic and commercial law subject in module one..
Please if possible send the relevant links and information...


mangeet

Dear Sir/Madam,

1)Which amount should be shown as income from salary gross income or income excluding deductions U/S 10&16
2)Where should we show deduction on loan amount on housing loan interest in ITR1 or I'll have to choose other format of return for showing this deduction.

Expecting your EXPERT advice soon,

MAN....


dattatraya
28 June 2013 at 13:23

Capital gain

Need an explanation-
I have a plot of land say 12000 sq ft value say Rs 1.50 Cr. I gave it to a developer for development. As a consideration i will get 5 shops of 1000 sq ft each of which construction cost to developer will be say Rs 92 lakhs for all shops & its market value will be say Rs 2 cr for all shops. I acquired a land for Rs 30 lakhs in the year 2005. Now please tell me how much capital gain I earned?


CS Raju Patro

Dear Experts
Please tell me about the applicability of Cost Compliance report and cost audit in the following companies for the year 2011-12:-

1. A Company having Paid Up Capital of Rs. 206,388,000.00 and Turnover of Rs. 418,179,424.37

2. Company having a Paid up capital of Rs. 62,738,000.00 & Turnover of Rs. 196,233,061.00


Sneha Singh

Dear sir,
I have wrongly submitted form 2 with roc along with wrong information. (Rs 10 per share is correct but i have wongly submiited with Rs.100)please tell me now what i can do.
thanking you


Krishanprasad Acharya
28 June 2013 at 13:02

Itr form for filing

Sir
One person is partner of other business and is running a proprietary business. He is getting remuneration and interest from partnership and getting income from proprietary business. Which ITR form can be used to file income tax return? If it is form 4, where shall I fill remuneration and interest of the person? Please reply at earliest.

Thanks
Prasad


Ayub Hussain

Dear experts,
My client is served with a notice from the Addl Director Income tax for producing books of accounts from 2008 till 2013, and return of income from 2010-2013. As a mattter of fact my client sucessfully contested the last elections and now is a MLA.
The concerned officer is not ready to give adjournment, nor grant sufficient time for appearing before him, he has asked in his notice to appear before him on 25th june 2013, and without any information we are not in a position to appear before him as the client is out of town on a tour.
Kindly advise as what has to be done, and can we send a registered post of an adjourmnment letter since they are not accepting ? or does the ADIT have the powers to reject the adjournment ? what is the other way out? please advise.



Anonymous
28 June 2013 at 12:56

B/f losses and unabsobed dep for mat

Dear All,

I have a quary, can you please help me to get correct numbers of b/f losses or ubabsorbed depreciation whichever is less for mat purpose by the working of the profit & loss as given below;












F Year

Loss before dep./(Profit)

Unabsorbed dep



2001-02

17

2



2002-03

-5

0



2003-04

-36

0



2004-05

-12

0



2005-06

4

7



2006-07

1

7



2007-08

62

7



2008-09

44

8



2009-10

19

7



2010-11

-35


0




Or can you please confirm profit in net of earlier years i.e. from FY 2001-02 to 2003-04 would be set off against losses of future year.



As per my understanding Unabsorbed Depreciation in that situation would be Rs.36/- start from FY 2005-06 and balance will be loss.


SUJITH GUPTHA
28 June 2013 at 12:55

Regarding service tax registration

DEAR CA CLUB FAMILY MEMBERS,
MY QUERY IS REGARDING SERVICE TAX REGISTRATION.
IF A NEWLY CREATED COMPANY REGISTERED THEIR SERVICE TAX REGISTRATION BY MISTAKE AS NON ASSESSE
1)COULD IT CAUSE ANY PROBLEM TO COMPANY?
2)HOW TO CHANGE IT TO ASSESSEE AND WHAT IS THE PROCESS TO BE FOLLOWED?


Gagan Gulati
28 June 2013 at 12:51

Insolvency procedure

Please provide me the steps/procedure to apply for insolvency for a individual.






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