for instance the wdv of plant as on 1.4.2012 is 100000 and it is sold on 1.12.2012 for 3lakhs,...while computing capital gains y do we directly reduce 100000 from 300000 and y dont we claim depreciation for 2012-13 for the period for which the asset was used..which condition is violated..pls explain the logic

Hiii

A firm is providing consultancy to its clients and for this it is also hiring lawyers but the firm is not a law firm.The partners of the firm are not lawyers. Firm is charging under the head "legal consultancy charges" from the clients.

My query is under which head these legal consultancy fees charged by the the firm from the client would be taxable? Legal consultancy service or business auxiliary or any other service?

Thanks in advance

Can i fill revised service tax return after completion of 90 days?

i have invested 15 lacs in Bank FD on 01.04.2012 and it is for 2 years and after completion of 2 years i will be received 17.85 lacs on 01.04.2014 . when i show the interest Income in my return.?

it is matured and difference to be shown as interest in year of receipt. is it f9 or iam i right in doing?
pls explain

Respected Expert

This is regarding 15 month exemption from training by ICSI

I am cs professional Student OF ICSI I have Done 2 years works with the Practicing Chartered Accountant
I have worked for Annual Filing and other Secretarial work My Chartere Employer is ready to provide the
Certificate for the area in which I have worked.

My Quary is that can I get exemption on the basis of the Certificate of experience given by the
Practicing Chartered Account from the ICSI or any else solutions on above certificate.
pls help

Hi,
We have a employee in our company. His child is diagnosed Cancer and undergoing chemotherapy treatment in Govt hospital. I want to know is he can take deduction for this in tax or what section 80DDB provision regarding this.

Please reply ASAP. Thanks in Advance

Sold land for Rs 1 Cr in 2010. Same land was purchased for Rs.10 lakhs in 1996. Now got IT notice to submit books of accounts. No other income during the year 2010. What shall be the consequence of IT notice in terms of Tax, Interest, Penalty? What are course of action to be done to solve the issue.

ONE OF MY COLLEUGE WAS ATTENDED LIVER TRANSPLANTATION SURGERY DURING FY 2012-13 (AUG & SEP). HE SPEND IN LAKHS.

MY QUESTION IS HE ELIGIBLE FOR CLAIM UNDER SECTION 80DDB (MEDICAL FOR SPECIAL DISEASES)

WHAT KIND OF DOCUMENT TO BE GET FROM HIM?

SIR

SUPPOSE I DEPOSITED ALL TDS AMOUNT ON TIME DEDUCTED BY ME, BUT BY MISTAKE I FORGOTTON TO DEPOSITED TDS RETURN ON TIME & IT COMES IN LIGHT AFTER THREE MONTH . SO PLEASE TELL ME NOW IS THERE ANY PENALITY RISE ON ME FOR THE DELAY.


THANKS & RGDS

MUKESH KUMAR

dear sir,
one of our empolyee in our company has medical allowance of Rs.17500/--
he has claimed Rs.7500 balance avaible Rs.10000/--
during visit to site in tamil nadu he had undergone medical treatment while in the site
he goted the expenese of Rs.17500/--
now magmt had taken the decision that balance avaible in medical allowane will deducted from his account balance will paid by company account.
1)Rs.2500/- taken in income tax or Rs.10000/--
as medical limit is Rs.15000/--