Dear sir
My client is getting rent from house property including service tax which he is paying to the ST department. Whether I should take the Rental income under House property head INCLUSIVE OF SERVICE TAX OR Net Rental income. If Gross rental income is to be taken then is there any deduction of service tax under the Income from House property head. Pls suggest.
Regards
Tarun Jain
hi, my pcc attempt is in may 2010, i have an option of converting into ipcc before july 31st,
my query remains, is conversion beneficial exam wise, as accounts is of 200 narks, and this has never been before (as per my knowledge), so how mych detail of studying accounts required and how much theory the icai will ask in the exams is unknown,
so what should be done, further if i convert into ipcc in may 2010, my final attempt will come in nov 2011, which is 6 months prior to my final atempt if pcc is pursued.
looking into this please sugest me as to what is better. also is there any more strings attatched to this, (is there anything i should look into before making this decision)
thanking you in advance
What is the Criteria for GMCS programme?
I heard that Institute revoke the earlier condition of completion of 2 Years of articleship.
is that true?
I also heard that Institute is going to make Residential programme mandatory instead of GMCS programme in the near future?
AO has treated the loans as unexplained cash credit.
The assessee has received the loans through banking channels. The assessee has requested the lenders to submit the bank statements & confirmation letters and the same has been submitted during appeal proceedings.
To prove the guineness of the loans the department wants to prove the identity of the lenders but the lenders are not attending.
In such situations What will be your advise? and give us any case laws in this regards.
A is Subsidiaries company of B. and B send its all courier thr. D company.
so when D company raised bill of couriers on B company, there are some courier which are send by B on behalf of A co.
and for that B company takes money from A comapany ( for courier charges which are send by b on behalf of A co.)
Now tell me, whether this transaction should be shown in related party transaction or not
A is subsidiary company of B. and B transfer or sale some Spare & store items to A every month,
whether these transaction should be shown in disclosure of related party transaction or not and why
Employer who had deducted the taxes on salary & not remitted the taxes for the wholhoe year & the in the company is in the process of closure. What would be the status of Tax Credit to the employee ??
can any one explain me the procedure of conversion of propriety firm to private limited company
I want to know whether it is mandatory for the Pvt and Public (Listed and unlisted) Companies to prepare cash flow staement?????????
What r the responsibilty of STat. Auditor of the company, where, the company has neither get registeration of Service Tax nor depositing Service tax on freight paid, though service tax is not being separtely shown in consignement note.
Should he disclose the same in Tax Audit REport.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
House Property Income