ram kishan kumhar
11 June 2013 at 22:53

Regarding service fo insurance agent

will insurance agent(individual) be applied for registration under service even if he is coming under reverse charge mechanism & gross taxable service is more than 10 lac?
if yes,please tell me about to file st-3 procedure & mean by gross taxable service.
will premium be included in gross taxable service?



Anonymous
11 June 2013 at 22:41

Calculation of i tax

the following is my salary details from my employer and i have joined in June 2013.please tell me the calculation of Income tax for 10 months for FY 2013-2014 and what can be the best options to save I TAX. I have taken one house on rent @Rs.10000 p.m in N delhi and i am having a educational loan of Rs.1257000.

1.Basic salary-Rs.25000 p.m
2.HRA-Rs.14215 p.m
3.Medical allowance-Rs.2000p.m
4.Flexi basket-Rs.32500p.m(includes car lease rental,fuel reimbursement and LTA)
5.PF-annual-Rs.36000(annual)
6. Insurance & medical benefits-Rs.25000 p.a for hospitalisation cost reimbursement,term life insurance cover and disability cover due to accident)











Anonymous
11 June 2013 at 21:26

Tax reference book of ipcc

hello can anyon suggest good reference books for ipcc taxation i didnt like girish ahuja book and should i do itsm from institute material?


ankita
11 June 2013 at 21:12

Share trading

IF an assesee in the business of trading shares on delivery basis & some on Future & option .That the result of trading is loss in both the cases(delivery base & future & option )& books of accounts not mentioned by the assesse.That i want to know how we present this loss in the return of income under the head PGBP.


Guest

Dear Sir,

I am a CA in practice. From this year CAs are required to upload 3CD reports online.

CA is required to upload 3 files:

1. .xml file of 3CD digitally signed
2. .pdf or .tiff file of P & L A/c
3. .pdf or .tiff file of B/s

My query is whether it is mandatory to manually sign and stamp P & L and B/s (i.e. items 2 and 3 as above)and then scan them and then upload to IT website or I can upload them without manual signature and stamping i.e. just by converting excel file to .pdf.

In my opinion, since it is nowhere stated in Income Tax or on IT website that CA is required to upload signed copies of P & L and B/s, it is not mandatory to upload signed and stamped P & L and B/s. Yet I need some expert opinions.

Please suggest.



Anonymous
11 June 2013 at 20:37

Ecs

if payment is made thrugh ecs,we should credit bank a/c from which payment is made
then in bank statement of that customer will this amt appear as withdrawals?


Navpriya Kaur

Hi..
Please tell me in case a employee who is program officer or account officer is working under contract of one year & in the contract it was mentioned there will be no dededuction of PF,ESI etc..then TDS will be deducted under which section??



Anonymous
11 June 2013 at 20:20

How to accounts donations in kind

Dear Experts,

How should we accounts donations/gifts received in kind as per the Indian GAAP.

My client into the education sector, have received some goods in form of Books worth of 1 lacs( as per the MRP printed), at free of cost.

Now how do i account those transactions.

should 1) I account as nominal cost? 2) Should i account under the Miscellaneous income ?

Best Regards


Rashee Agarwal
11 June 2013 at 20:13

Regarding form 112

Sir,
I have completed my b.com. from ignou on december 2012.But I have not submitted my form 112.Now what shall i do?






Rashee Agarwal


Dixita panchal
11 June 2013 at 20:13

Addmission nov 2014

What is the difference between pcc,ipcc & ipc n when the direct admission after graduation in ipcc nov 2014 will start ????????





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