Varun
23 April 2017 at 22:19

Coachings after exams

I have completed my CA IPCC in this november attempt. I am thinking of starting coachings for CA final exams , but everyone with whom I met say that you should wait for atleast 6 to 12 months . I do not understand their reasons, beacause as per rough estimates it would take around 2 years to complete our coachings . So what should I do, can anyone help me with this please .


Sanjay
23 April 2017 at 22:01

Nri requirement

I now work in USA since last year. So I am an NRI now
1. I receive interest on bank deposits in India around Rs 10000/-.I have a normal SB account. Can I file 15G for my bank deposit exemption? This is not for NRO account
2. Is it mandatory to open a NRO/NRE account for NRI.


G.Mohanbabu
23 April 2017 at 21:55

AS 26

what is the difference between research and development and give explanation with practical example



Anonymous

Hi experts ,
Today i have made CST Payment For the Month Of March 2016 But after confirming the Payment From Net banking it showed an error.I checked the Bank account & amount has been deducted but after login Dvat site challan not generated .What is The Problem. Plz guide me ASAP


SHUBHAM GORI
23 April 2017 at 20:24

itr

a person who get salary, agriculture income, house property income, other sources income.what return will be fill from itr 1 to itr 6. can he fill only one return in which he will all detail. salary Rs 350000 Agriculture income Rs 27500 ( before deducting expense agriculture income Rs 376000) interest on fd- Rs 130000 house and shop rent receipt Rs 60000 + 84000 Lic Rs 120000 total TDs deducted Rs 15000 can I allow following expenses which detail are below construction on hose & shop expenses agriculture electricity & labour expense travelling expenses during the job interest on tractor for agriculture kindly give me suggestion which one return should I filled how much expenses I can claim at the time of computing incime


Shivani

Dear Experts

Why should Mr. X opt for Composition Scheme?

1. He gets no input credit. So it gets added into the cost which makes his product expensive.

2. His customer does not get any input credit of the goods bought from Mr. X. So buyers will prefer the ones from whom they can get credit. Mr. X looses customers.

3. X cant collect tax from customers. So he pays out of his pocket. Why the hell will someone like to do that?

4. Also the limit of rs. 50 lakh is based on aggregate turnover and not taxable turnover.
How thoughtful is this?

Am I missing anything?

regards
shivani


Abhishek Roy Choudhury
23 April 2017 at 19:59

Mandatory quoting of aadhar no

Dear Sir,
If an Assesse files ITR for A.Y. 2017-18 within 30th June, 2017, he or she has the option to mention his or her Aadhar no in the ITR. Is it correct or not. From 1st July, 2017 whether it is mandatory to give Aadhar number in the ITR and also Linking of Aadhar number is compulsory otherwise ITR cannot be uploaded from 1st July'2017. Please confirm the message is correct or not.

Thanks,
Abhishek.


Abhishek Roy Choudhury
23 April 2017 at 19:58

Mandatory quoting of aadhar no

Dear Sir,
If an Assesse files ITR for A.Y. 2017-18 within 30th June, 2017, he or she has the option to mention his or her Aadhar no in the ITR. Is it correct or not. From 1st July, 2017 whether it is mandatory to give Aadhar number in the ITR and also Linking of Aadhar number is compulsory otherwise ITR cannot be uploaded from 1st July'2017. Please confirm the message is correct or not.

Thanks,
Abhishek.


Abhishek Roy Choudhury
23 April 2017 at 19:48

Section 44ada of the it act

Dear Sir,
Section 44 ADA which has been inserted from A.Y. 2017-18. In this section if a Doctor whose income from Profession and salary is Rs. 25.00 Lacs and net profit is 50% after deduction of expenses say travelling, tea and tiffin, depreciation on motor car etc. So can he avail the benefit of Sec 44 ADA and file ITR 4 (Sugam) for A.Y. 2017-18 and whether he is not required to maintain books of accounts.

Thanks,
Abhishek.


Shivani

Dear Experts

Why should Mr. X opt for Composition Scheme?

1. He gets no input credit. So it gets added into the cost which makes his product expensive.

2. His customer does not get any input credit of the goods bought from Mr. X. So buyers will prefer the ones from whom they can get credit. Mr. X looses customers.

3. X cant collect tax from customers. So he pays out of his pocket. Why the hell will someone like to do that?

4. Also they are considering aggregate turnover and not taxable turnover.
What common sense is that?

Is there anything I am missing.
What is a single thing which makes anyone opt for this ill thought scheme.

regards
shivani

please msg me on my number to join my group and you tube channel I follow





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