i have cleared my IPCC 1st group this february when results were declared.but i haven't yet completed my ITT. please tell me if there is any last date for applying for articleship .how is ITT going to affect my commencing with articleship? please clarify

Hi,
This is Lucky Maheshwari. I comes under the "Individual" category(salaried). I haven't filed any return till date, but my TDS was deducted in AY 2011-12 and I got the FORM 16 also from my employer{My Form 16 shows the refund of Rs. 490(approx.)}. Now I want to file my return for AY 2011-12 & 12-13(No TDS deducted in AY 12-13). So my questions are

1.) Can i file return for AY 2011-12, and if i can, than
a.) Under which Section
b.) will there be any penalty imposed on me.

2.) I did not file return for AY 2011-12 because at that time i heard that "Individual falling under below 5,00,000 income category may not need to file their ITR, provided if they have got the Form 16.

I am asking an query by an example.

If company A gives loan to company B which is also shareholder of company A (voting power is more than 10%). And another shareholder of company A is also shareholder of company B (voting power is more than 10%). Then on whom tax liability of deemed dividend generates ? whether it is only on company B or also on another shareholder ?

Please guide me with the important chapters of Costing & FM for CA-IPCC Exam.
THANK YOU.

Dear Sir,

My principal is deducting p.t on my stipend.
according to my principal i am getting stipend more than institute slabe, so i am liable to pay p.t.
Please confirm me p.t is applicable or not.

thanks

dear experts,

pls solve my query asap:

1)I need to exp my managment that why our co. should be converted into ltd(unlisted)co.pls provide brief exp or points on this???

2) i also need to increase my capital from 1 lac to 5 lacs... brief procedure abt it???

3)we dnt want to go for listing procedure only, for that i need to know the directors designation... can all my three directors be designated as directors or do i need to appoint MD or WTD compulsory??? pls not it is unlisted co. query??

4) brief procedure to increase the paid up capital, increase the member & directors n conversion of pvt ltd to (unlisted) limited??

please reply as soon as possible


thanks


regards

miss tanveer ahuja.

hi,

I would like to have some clarification on the above mentioned topic.

A person in India is providing consultancy service to a company outside India. I would like to know whether service tax is applicable for Consultancy Fees received. Fees is received in the Foreign currency and the person providing service is residing in India and service is provided from India to the foreign company.

Dear all,

> I have prchased one machine.
> Transportation charges on the same is Rs.50,500/-.
> PAN is not provided by Trasporter.
> Cost of Machine will increase by Rs.50,500/-(i.e. by transportation charges.)

Que. Whether TDS to be deducted on the same or not as trasportation charges will be added in the cost of the machine?

Thanks in advance.

when is CARO report is prepared i.e., along with tax audit report or with statutory audit report.
If a company is having statutory audit period as jan to dec then, along with statutory audit report, is it required to prepare CARO report.
kindly help.

I have bought one house in chennai. As it was self occupied, I have been getting the total interest paid (Rs 1,25,000) towards the home loan as tax exemption. Now I have been shifted to Bangalore. I have let out the property for Rs 5,000 pm as rent (Rs 60,000 pa). I would like to know how much interest amount paid towards home loan will be considered for exemption. Please explain with example.