achyut
26 March 2009 at 17:13

income tax

if a wife having her first name in a savings bank a/c and second name of her hushand for operation e or s ) transfers some funds to Savings bank a/c of her husband (whose a/c has second name of wife for operation e or s) for the purpose of pahttps://www.caclubindia.com/user_activate.asp?id=92c23955a47df834da825c850b979ee9yment of home loan of their son having loan a/c in some other city but the bank name being the same that of husband's a/c what will be the position of incometax. The purpose of transferring the amount to husband's a/c is that the amount to be transferred to son's home loan a/c is done without any bank charge and within minutes. Wife's a/c is in some other bank which does not transfer the funds without charge and requires 2/3 days for transaction.

An early clarification requested

achyut g.bhalerao


achyut
26 March 2009 at 17:12

income tax

if a wife having her first name in a savings bank a/c and second name of her hushand for operation e or s ) transfers some funds to Savings bank a/c of her husband (whose a/c has second name of wife for operation e or s) for the purpose of payment of home loan of their son having loan a/c in some other city but the bank name being the same that of husband's a/c what will be the position of incometax. The purpose of transferring the amount to husband's a/c is that the amount to be transferred to son's home loan a/c is done without any bank charge and within minutes. Wife's a/c is in some other bank which does not transfer the funds without charge and requires 2/3 days for transaction.

An early clarification requested

achyut g.bhalerao


reshma
26 March 2009 at 17:04

selection of field

hi all, i am just completed my c.a. now i am looking for a job opportunity. Can anyone help me in selecting job field, which is challenging, fast growing, & of course great paying also.


Madhavi
26 March 2009 at 16:56

auditing

can anyone tell me how to prepare for auditing, basically i am maths student. what is the procedure to understand and remember.

what type of questions will i get from it.

there is no coachign also for that everybody is telling that it is theory and very easy. is this correct?


thank you


C.S. Rajesh Pillai
26 March 2009 at 16:50

Master Data correction - MCA

Hi

The Masterdata of our company on MCA site shows a Paid-up capital, which is more than the actual as per the books. Last Return of Allotment figure tally with the book figure.

However, in the last Annual Return, erroneously paid-up capital was shown more than what is there in the books and now the same figure appears in the Master Data.
Kindly advice on :
1)How the error on the Annual Return can be corrected
2) How the Master Data can get corrected

best regards,

Rajesh Pillai


manish kelley
26 March 2009 at 16:42

Group Companies

Is service tax and excise payable on transaction between group companies(like shared manpower resources)?

please quote decided case law if any.


tanuja...........
26 March 2009 at 16:41

which book

hi, this is tanuja.. for accounts -tulsian is good..? for pcc-tax singaniah or manoharan... which one is more comfortable to understand easily...


manish kelley
26 March 2009 at 16:41

Group Companies

Is service tax and excise payable on transaction between group companies(like shared manpower resources)


birendra
26 March 2009 at 16:39

HUF INVESTMENT

NSC INVESTMENT IN NAME OF KARTA FROM HUF FILE ALLOW OR NOT & OTHERS INVESTMENT IDEA FOR HUF FILE


tanuja...........
26 March 2009 at 16:32

audit and accounts-pcc

pls tell me which AS and AAS are required to pcc students

regards
tanuja






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