My friends from France came to India in December for 3 months (When Cash Crunch was at its peak) to do some shows but the show management refused to pay them in cash and they also said they can't transfer the payment to the Foreign Bank Account. To help them out, I proposed to give them my spare debit card and said you can receive one or two payments in this account (up to Rs 50000) until the situation gets better. But due to some unseen circumstances I had to accept their multiple payments which aggregates to around Rs 1.5 Lakhs, I don't have any other Income but I did some cash transactions this year in the month of May and June for around Rs 2 Lakhs approximately. How should I treat them in my return (or under which head I should show them in my return) and does this imply any Tax implications on me?

hello

if a person have income from house property and tds is deducted by payee u/s 194I.

such person is died on 3/2/2015 , then how to claim the refund amt after his death.

can i explane me the detail procedure for such...
how his income treated after his death and refund is claimed.?

An aseese is now being aware about his Last 3 years(From 2013-14) TDS deduction,and the assessee want to get refund the tds by Filing ITR as nil return by taking new Registration in income tax site , is it possible to get refund ,or have to pay Penalty and Late fee???

dear experts today i tried to register for ca ipcc exam may attempt but it shows as already i registered but i do not my login id therefore when i gave my mobile number for password and id recovery it shows message has been sent to null!what it meant to be ?

Please suggest which of the above books is sufficient for self study with pros and cons.

Dear Sir,

Whether an Independent Director can be appointed as the Chairperson of the Company. If Yes, then, Whether Shareholders approval required to designate him as Chairperson of the Company?

Thanks

Plz guide me friends, I'm qualified CA. I haven't furnished form 112 when I was doing b. Com from correspondence made, now I wanna apply for membership so what is the proceedure..?

A company is registered in the year 2005 and filled annual returns till the year 2010. The company is not carrying any operation. Following are the queries in this regard:-
1.What is the process for dissolution of company?
2.Is there any difference between dissolution of company and strike off of name of company
3. Can the name of company be strike of by filling STK-2? Will there be any problem as company has not filled annual returns from the year 2011 to the year 2016.

Dear All An automobile workshop company provides AMC facility to its customer. The company charges an anuual fee from customer and provides free of cost services to its customers. The customer paid fees for the period Feb 1, 2017 to Jan 31, 2018. Books are closed on March 31 every year.

Questions:

1. Should the company recongnise the income for only 2 months during FY 2016-17 and treat the amount received for another 10 months as deferred income?

2. How should the billing for free of cost services be done in the books and how should the accounting entries be passed?

Any help in this regard is highly appreciated. Thanks

Dear sir one of my client receive a mail from IT department for depositing ₹ 800000 in CC A/c from 9.11.16 to 31.12.16. The cc limit is ₹ 10 lacs. The amount deposited cc a/c is ₹ 5lacs which are previously withdraw from cc a/c or utilising of cc facilities and other 3 lacs are received from various customer please suggest me how I should deal with notice of income tax.