Respected experts ,

I am doing a company audit and iam finding difficulty in entering depreciation schedule when there is a deletion /sale. my excel formula is not matching with the manual calculation i have done... can anyone guide me with this regard ?

If u have any example for the same plzupload...

Request for an answer from the experts.

A female assessee(resident in current PY) has received pension worth Rs. 3.3 crores in lumpsum from Switzerland after the death of her husband. The amount was received directly in the Indian bank account from the pension institution. It was received after deducting tax at the rate of 8-10%.

Is the amount received in India be liable to Tax due to difference in tax rates??

Please advise.

Dear Sir,

One of my client is doing the business of selling cement packs to end users which were purchased from Cement Manufacturer directly. For the bulk purchases made, the trader is rewarded by the manufacturer in the name of commission after deduction of TDS.

Whether service tax is applicable to this Commission received by the trader.?

In case the person who is acting as an agent (who neither purchases nor sells)whether service tax applicable to this activity...?

Sir,
My query is regarding entry tax levied goods.
Entry tax is levied on total invoice value at the rate of 2% on any particular good.
But if the seller who is selling the goods is giving a credit note on such invoice on which entry tax is levied whether such should be reduced from the entry tax charged.
And such credit note is regarding the rate difference between the actual invoice raised and rate settled between the parties.
What should be the tax liability to such tax payers? And whether they should adjust such credit note amount during payment of entry tax?

DEAR SIR ,
DUE TO BCOM EXAMS ARE ON HEAD MY CA EXAMINATION CENTRE N BCOM CENTRE IS IN DIFFRENT CITIES N BOTH THE EXAMS CLASHES EACH OTHER SO PLEASE SUGGEST ME THAT CAN I CHANGE THE EXAM CENTRE OF CA IPCC ... PLZ REPLY ..

Under what head, Prize money received from Motar Race is Taxable?. and what Rate?.. Can we claim expenses against the Income??

Mr.X resides in India & he & his wife received cash,as gift from his son who is residing in foreign out of his tax free income.IS Cash received from son is taxable in hands of Mr X & his wife.

I want to file my a.y.2012-13 ITR-4,
I have long term loss from shares of rs.25000,
and short term loss from shares loss of rs.10000,

in itr form where this mention

please help

Hello everyone,

one of my client was doing advertising business under proprietorship.

he formed a pvt ltd company fin fy 12-13. he divided his business between proprietorship firm and co.

fixed assets like computers, printers, air conditioner, vehicle which are in his personal name are actually used by the company.

My question :
how to transfer assets in the books of the company to claim depreciation ?

i had filed my income tax return for a.y.2012-13 in 25th august 2012. but i failed to send my itr signed copy to banglore cpc.

then they mailed me to submit your itr signed copy.

but unfortunetly i missed it not the period of 120 days had ended and still i havent sent it.
what should i do with this problem. shall i sent this again to cpc valid or not or revised the same return and send both copies of signed itr please its urgent