Anonymous

Dear Practicing Cost Accountant,

Please give me suggestion, I have applied on 26.3.13 for my CoP renewal but ICWAI has not given any response yet.

It can be due to noncompeting of CEP hrs. but I mentioned there that I have taken membership first time on 16.10.12, so I did get sufficient time for completion of CEP hrs. I have sent e-mail to institute but they are not giving any answer.



Anonymous
03 April 2013 at 15:37

Cash gift

Dear expert, I received a sum of Rs 51000/- shagun(cash gift) on my MARRIAGE on 30.12.12 from MY EMPLOYER. What is the tax treatment for the ends i.e employer as well as employee.


dheeraj kumar

Dear Sir

In my company one employee has provided me receipts of fees of his child.

Receipt Shows
Tuition Fee 1500
Computer Fee 200

is he entitled for 1700* 12 deduction or he is entitled form 1500*12

i am confused about computer fee. please clarify whether computer fee can also be under 80c

please revert at the earliest

Thansk & Regards
Dheeraj Kumar


Diwakar Mishra
03 April 2013 at 15:22

Cash withdrawal

Dear Sir,

I have received a self cheques (order)of Rs.1,00,000/- from someone of SBI, Ambedkar nagar branch, delhi.

My question is that can i withdraw cash from any branch of sbi in delhi.

Pls. clarify.

Regards,
Diwakar Mishra


CS Om Daga
03 April 2013 at 15:18

Company formation - registered office

What documentary proof can we attach with Form 18 if the premises is taken on rent?



Anonymous
03 April 2013 at 15:12

Max no of directors

What is the maximum no of Directors that can be appointed in a private company ?


Praveenveldhi
03 April 2013 at 15:11

Dear sir/madam


Whether practicing cost accountants have the authority to sign on tax audit. i heard that a cost accountant can make tax audit of a company or firm which having turnover up to 10crores.



Anonymous

NRI is selling a property to Resident Indian.
Is the buyer liable to deduct TDS for F.Y. 2013-14?

If yes, What is the percentage of deduction & What is the monetary limit for such deduction?

Thank you.


Gireesh Hegde

Hi,

One of our clients, who is an individual received 1st Reminder Notice (Intimation already received in last year) from Income Tax Department to pay outstanding Tax Liability. After verifying his records his previous returns it was found that his Original Return was wrongly filed.

I need to apply for rectification of his IT Return for the AY 2010-11.Can anybody tall me the procedure for the same?If we need to update his revised records in the fresh ITR 1 which section I need to put in the column “Return Filed Under Section” (u/s139(1) u/s142(1) u/s148 or u/s153(A))?

Please advice.

Thanks.
Gireesh


Majhar Alam
03 April 2013 at 14:37

Clarification on tds deduction

Dear Sir/Madam,

We, autonomous body, have appointed some contractual scientist as employee under "Contract for service" not on " contarct of service".

Now my question is whether TDS is deductible from them under 192 (Salary) or 194J ( Professional services) or 194C (Contarct).

Kindly explain in detail.

Thanks





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