Anonymous
15 March 2013 at 23:30

Icwa inter group 1 notes

can anybody provide me the notes of icwa inter for the following subjects
1 finanacial accounting
2 commercial and industrial law n auditing
3 direct taxes
my e-mail id is ayub9584@gmail.com



Anonymous

Dear All,

My husband is doing a property developer. He enters in JD and develops the property.
he opted for composition scheme of VAT. I would now like to know should he collect the tax from his suppliers for sand bricks etc., who are unregistered dealers.

Thanks in advance


Akshay Bhalerao

Dear Sir,
I want to know the scope for Chartered accountants in foreign countries.Is there any opportunity for CA to work outside,
does we need to pass some other examination.
Please guide us about all.


dipak
15 March 2013 at 22:19

Expert help

Hi experts plzz help... I'm a CS qualified nd doing my CS training I had completed 6 mnths of training and 9 mnth traing is left...So can u plzzz advice how I can improve my english communication skill...? Plzzz advice



Anonymous

can u solve my problem that Co. sell goods to Mediator 2200 include cst and Mediator sell goods to customer rs2600 inclusive vat 400..customer return goods to company directly....now i hv got problem that what journal entry should passed by mediator at the time of return of goods to company,,,,,,,,and what treatment of vat and cst....and mediator paid vat to govt.



Anonymous
15 March 2013 at 21:47

Long term capital gain

I Have purchased 500 units of Gold ETF at Rs.1300/- per unit on 13.02.2011 & credited to D mat account. I sold 100 units @ Rs.2000/- per unit on 14.03.2012 & sold 200 units @ Rs.2700/- per unit on 20.1.2012. How is tax treatment of capital gain in Each year


Preeti Gupta
15 March 2013 at 21:39

Donation to icai

My Chartered Accountant paid donation to The Institute of Chartered Accountant of India for Rs 2500/- in Chartered Accountant Benevolent Fund.He assigned me the work of finding out the exact deduction which is available under Sec 80G (Deduction is there for the amount contributed to ICAI in CABF) out of below four : -

(1.) 100% Deduction without any qualifying limit.
(2.) 50% Deduction without any qualifying limit.
(3.) 100% Deduction with qualifying limit.
(4.) 50% Deduction with qualifying limit.

Regards,
Preeti Gupta




Ritesh Agarwal
15 March 2013 at 21:11

Section 44ad

I am a small scale manufacturer with sales turnover of Rs. 25 Lakhs, and the net profit is 2,05,000.00

As my net profit is above 8% of my sales, can I file return under section 44 AD?

Apart from the business income, I have income of interest (about Rs. 20,000.00) from bank deposits.

Can I use ITR 4S for filing return?


CA Rushikesh Kolhe
15 March 2013 at 21:01

Income tax return rectification

Hello Friends. I want to ask query about ITR Rectification. Some day before i received a demand notice of around Rs.50,000 from IT Dept for AY 2010-11. It was a simple salary return. When i checked with my ITR i found that TDS by my employer was not reflected in 26AS. I told the AO that there is this problem. He asked me to revise the TDS return and the matter will get solved. i asked my employer to revise the TDS return. Accordingly they revised it. and after that i also submitted the copy of 26AS(revised) to AO. he said its ok. now there is no prob.
But few days back i again received a notice us 245 stating that according to my return for AY 2012-13, refund have been sanctioned and the same will be adjusted with the previous pending demand giving referance of Rs 50,000 from previous notice. I again visited to IT dept and asked them now what is the prob. He said you should have rectified your return for AY 2010-11 after revising the 26AS. But i want to ask as my return was correct at that time what and how should i rectify it. When i log in to incometaxindiaefiling.gov.in, while rectifying it asks me for latest notice number. when i fill that number a message occurs that the number is wrong. please advise me what to do.


sajid
15 March 2013 at 20:46

Deduction under 80 c

one of the client is having lapsed life insurance policy for the last 5 years. He is doing business, now he earned the money and he comes under income tax for the FY2012-13. Can he makes the payment to life insurance totally for 5 years and get the deduction of whole amount of Rs.50,000/- (yearly Rs.10,000/- premium) in ITR for this financial year.
Please give us your opinion.





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