pramila.murkute@yahoo.co.in
07 June 2013 at 23:20

Business query

Dear Sir,

i hve started my small software company i want to knw how i can manage company I am not getting from where to start ... I got one project and I wanted to manage it from company accountthe start... so How to do it ..?
I need ur help in setting up my company accounting ... Can you help me?



Anonymous
07 June 2013 at 22:55

Response to notice u/s 139(9)

I filed ITR 4 which is returned to me as defective due to negative figure in Net Profit for a case where books of account are not maintained. (error code 14)
Can I now file ITR 2 under sec 139(9), ignoring figures under Business Loss?


CA Mukesh Mishra


Dear all,

we have received notice from income tax compliance management cell regarding filing of income tax return of FY 2008-09, 2009-10, 2010-11 2011-12.

My question are:
1. whether this notice can be assumed as Notice u/s 142(1) if it is not written on the notice.

2. And if this is not a notice u/s 142(1) then how i can file the IT return of FY 2009-10, 10-11.





Anonymous
07 June 2013 at 21:46

Transfer of articleship

whether it is possible to take transfer during last year of my articleship? as my principal does not want to give me fianl leav
before 15th august but he is ready to give me
transfer.if it is possible then on which ground?
.
in case of secondment whether it is considered as transfer? if there is vacancy arises then & only then my principal will give me secondment otherwise he'll give me transfer only


Praveen Kumar K
07 June 2013 at 21:19

Agricultural extension services

Dear Sir,

1. Section 66D(d)(vi) : agricultural extension services.
2. Agricultural extension services : "application of scientific research and knowledge to agricultural practices through farmer education or training"
3. Mr.A has entered into a contract with the Weather Network Department of the city to supply, install and maintain "an automatic weather station". This weather station captures the data of weather and transmits it to the server of the Weather Department based on which the department provides real time weather information to the farmers for making crop management decisions.
4. Can this activity of Mr.A be covered under Sec 66D(d)(vi) ? Though Mr.A only transmits data to the Weather Department and it is the Department who educates or provides information to the farmers, Can still Sec 66D(d)(vi) be interpreted in such a fashion to extend the benefit to Mr.A also.

Thanks for taking time to read my querry.



Anonymous
07 June 2013 at 20:58

Gift of huf property to coparceners

Dear Expert,

Can a HUF divide a property in its name among the coparceners while still continuing to exist.

Can this be done via gift? What would be the tax implications in this case?

Please advise



Anonymous
07 June 2013 at 20:26

Capital gains

Mrs A has a independendant house(bought in 1978) which she entered into development agreement in 2007 for which she got 5 flats out of 10 built but no monetary consideration in 2009 as per agreed by the builder but in the same year she gifted 3 flats to her sons.
now deemed capital gains is exempted under sec 54 of CIT Vs Gita Duggal(2013) but is the exemption cancelled when she gits the hoouse within 3 yrs and does it fall under the definition transfer 2(47) of the act(Develoment agreement contains the name of her 3 sons). Please Help



Anonymous
07 June 2013 at 20:06

Form 112

Sir,
I had both ICWA and B.Com(correspondence)at the time of joining articles on 03.10.2012.on that date I took permission for pursuing B.com.Later I took termination and re-registered on 25-3-2013.on 25.03.2013 along with form 103 I filed form 112 asking permission for ICWA .Recently got a letter from ICAI to send degree completion certificate .I have degree discontinuation w.e.f December2012.So,there is an overlapping period of 3 months ( Oct to Dec 2012).Should I pay any condonation fee now .How should I reply to ICAI.Please help



Anonymous
07 June 2013 at 19:35

I want to do one additional coures

i completed ipcc group1 & i am completed graduation i want to do one additional coures which one better cs {or} icwa if iwant to take any permission from icai sir please explain


dhrutik
07 June 2013 at 19:34

Reverse charge mechanisam

i have a client which is engaged in the business of construction services. they required Water tank (which includes transportation charges)for business. whether rcm is applicable or not? and if applicable than which value is consider for paying under RCM?





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