Dear Expert
My Relative bought a flat for residential and office purposes on loan. his office occupies nearly 30% of the flat....
whether he claim the interest on loan as expense for the office to the extent of which occupied the space in flat and electricity bill and maintenance charges.
He is a practicing advocate......
Thanks & Regards
Praveenkumar

Kind Attention,
Sir/Madam,
My self Rakesh Patekar having Reg No.WRO0320714 registered under Direct Entry Scheme on 04/09/2012,completed my IT Training on 30/08/2011 since I have already started Article-Ship but completed my Orientation Programme on 26/04/2013 as per the Notification passed by ICAI my Orientation should have been completed by 31/03/2013,i have also completed my 9 months of article-ship now my query is that whether i am eligible to appear for November 2013 or else for May 2014 attempt and what about my Article-Ship since when it will be considered.
Sorry for the inconvenience.
Regards,
Rakesh Patekar..........
Reply Urgently.........

Hello everyone,

Recently I have imported rough diomond around 13000$ and export them to same party after doing job work an 16600$.
now if party will deposit the same profit amount in my account 6600$ then if there is any problem done with legal point of view or taxation purpose?
Or what process should I consider regarding this?

Thanks in advance.

Hello everyone,

Recently I have imported rough diomond around 13000$ and export them to same party after doing job work an 16600$.
now if party will deposit the same profit amount in my account 6600$ then if there is any problem done with legal point of view or taxation purpose?
Or what process should I consider regarding this?

Thanks in advance.

DEAR SIR , I FILLED INCOME TAX RETURN DATED 10/10/2012 FOR THE YEAR 2011 AND 12. TILL TODAY I AM NOT GETTING MY REFUND.
IN INCOME TAX SITE NOW ITS SHOWING YOUR REFUND IS NOT DETERMINED.

PLS ADVISE WHAT CAN I DO NOW, THIS REFUND IS MORE THAN 2 LAKH.

Sir,
I want to ask about my query about accounting receipt entry in Tally, my question is that whether I should enter receipt entry of TDS in financial year or assessment year.e.g.if I made today (dt.28-5-2013) tds receipt entry in financial year (Year 2013-14)or Assessment year 2014-15 and same with the WCT receipt entry, which year to be correct for both the TDS and WCT receipt entry?
Please guide me.
Thanks,
Pravin.

If a charge is created in favour of wrong company, then how can we rectify it and create in favour of actual company?

I register for icwai inter & will be appear on dec 2013 for inter group II SO I am confused that Whether i study Syllbus 2008 or 2012? And ANYbody Please help me on how to prepare for icwai study & notes as i m working as accountant, ? which books are prefer for icwai inter gropu II?

sir i m confused where should take CS sign on form i dont know any can help here not mentions where should take the CS sign for registration of CS executive...plz guid me sir

we have a different division say for Eg A AND B, We have a different Profit and Loss account and we prepare Consolidated Financial Statement for A& B . Tax working is done by combining A &B as Single entity.

In this i have a doubt, A Entity planned to sell an asset to B at market value. Say for eg: WDV OF A : 10 Lakhs, Sold to B : 15 lAKHS.

wHAT IS THE ACCOUNTING TREATMENT?

How I WILL COMBINE THIS FOR TAXATION CALCULATIONS?

This is very urgent kindly help me out.