A D - Loving Life
13 January 2009 at 20:45

Articleships problems

Hello i m an articleship student & wanted to know that whether our CA has a right to keep us stay in office till 8 at night b cooz we have studies also , due to this articleship studies gets so much disturbed ?


A D - Loving Life
13 January 2009 at 20:39

Asked query

Where can we see our asked query b4 here now options r quiet difficult ?
U msg the ans for the same?


A D - Loving Life
13 January 2009 at 20:25

Tax Liability

What does tax liability means>?


Shan09

I was working in India till 8th July 07 in India in an Indian company. I left my job and moved to the USA on 25th July 2007 and joined an American company. Since then I have been working here.

Could anybody pls tell me whether my income in USA is taxable in India for 2007-08?


amit surana
13 January 2009 at 19:34

service tax on advance payment received

Dear Sir,

We are a partnership firm providing BSS services.

We received on account advance payments from the party to whom we provided services and on whom we raised the bills

the amount received as adv ,we used in the business as follows
1.Payment of security deposits
2.purchase of assets.
3.and rest we used for business.

How we can save the interest on this advance payment received.

Please tel the accounting entries and how we show it in our books.

What shoub be our explanation on this in case of service tax query.


Grishma Singh
13 January 2009 at 18:42

regarding information about IPCC

i have given cpt december attempt.so i want to have all information about new course IPCC.


Grishma Singh
13 January 2009 at 18:31

pcc-ipcc

what new course has been included as regarding ipcc by icai?


RAJESH CHOUDHARY
13 January 2009 at 17:34

HOME LOANS

Query:

If an individual wants home loan then the banks ask for three years IT return.

My question is if the return was filed after due date then will the bank consider the return for home loan

Regards
Rajesh Choudhary


CA Shyam Parekh
13 January 2009 at 17:33

EXPERTISE REQUIRED

WHAT ARE THE AREAS IN WHICH CA STUDENT WHO WANTS TO GET JOB IN THE COMPANY NEED TO EXPERTISE ?

REPLY WILL BE HIGHLY APPRECIATED !


CA Namrata Shetty
13 January 2009 at 17:29

Penalty u/s. 271(1)(c)

At the time of scrutiny of a private company it was seen that a shareholder holding more than 90% holding had taken loan from the company. That loan amount was held to be deemed dividend u/s. 2(22) (e).Thereafter a notice u/s. 148 was issued to the shareholder, who in response to same filed a revised return, agreed to the addition and paid tax in relation to the amount held as deemed dividend. Against that revised return notice u/s.143 (2) was issued. Assessment was completed accepting the total income as per revised return. But now A.O. has levied penalty for concealment u/s. 271(1) (c). Is A.O.'s contention right? How can the assessee cancel the penalty levied?





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