Sir,

I have recently qualified CA Final and wish to apply for obtaining Membership number and COP.
If I apply in March'17, will I be required to repay membership fee for 2017-18?

So, should I apply in April?

Dear Sir,
My Father (aged 67 years) sold the joint property co-owned by his brothers since last 50-years. The amount received through this Sale is 100% Taxable due to Profits under Capital Gains (Gains is 100% taxable due to property appreciation in last 50-years as per Government declared land Prices in that local SRO.)

These funds received through this sale is partly (60% of funds) used for purchase of new Open Residential Plot.
This fund used for purchase of Open Residential Plot is Taxable under Capital Gains?
If yes, can I claim tax benefits after I construct the Home on this Plot using remaining 40% funds.
Our CA advised Open plot property bought using Capital Gains cannot be considered for tax benefit. Due to this, this funds Value(60% of fund) used to purchase property is 20% Taxable due to Profits gained through Capital Gains

Now due to shortage of funds to avoid Tax for Capital Gains Account 60% of funds due to Plot purchase, we Need Home Loan and bridge this gap.
Is this proper way to take home loan to cover less amount.

I am Employed (My age: 30 years) and my Father is retired (Father's age: 67 years)
Will I be eligible for Home Loan on this property completely owned by my Father. (I have one younger sister and she is married. So property will be owned by my father and my sister is ready for any legal agreement in my favor)
Can my Father claim Tax benefit for Capital Gains
and can I claim for Income Tax benefit if I take Home Loan on my Name (property owned by my Father)
Please suggest better plan to avoid paying huge taxes.

Resepected All Experts, I want some information regarding Articleship I have cleared ITT and OP i came from Direct entry route as the ICAI guideline after Clear ITT and OP do articleship for 9 months then eligible for IPCC exam so my question is there are so many firms i checked and i heard also then take only those student who have cleared 1st aor Both group ipcc so how can do articleship. Is any firm in delhi They provide articleship for direct entry student how can search CA firms in delhi they take Direct entry candidate please inform me and guide me .. With Regards, Rahul Pandey

IF SALARY / WAGES PAID THROUGH CASH TO DIFFERENT EMPLOYEES IN BETWEEN 10,000 TO 25,000 & REGISTER TOTAL TO A TUNE OF SAY Rs.4,00,000 FOR AN ESTABLISHMENT
APPLICABILITY OF section 40A (3) was introduced to be applicable from the assessment year 1969-70. Under this clause, all payments exceeding ` 20,000 are to be made only through a crossed cheque or a crossed bank draft. So, if any payment exceeding ` 20,000 is made otherwise than through a crossed cheque or draft, then 100% [upto Assessment Year 2007-08 it was only 20%] of such amount is to be disallowed as deduction while computing income under this head of income. MAY PLEASE BE CLARIFIED

We are a manufacturer. We are required to send Our Capital Goods/ Finished Product for Testing/Demo Purpose to customer is it GST is Applicable on Self Supply? Under Which Section?

Hello!!!

I am ,living in India , providing educational consultancy services in India. Am I liable to collect from customers and pay the amount of service tax to the government?

We are a manufacturer located in Maharashtra. We are receiving Sales order from Commission agents located in Sri- Lanka.

Our Commission agents doing marketing for us and gives order for supply in various country like Canada, Australia etc. Purchase order is directly received from customer to us (in the name of manufacturer). We are paying commission to commission agent as percentage basis. We are supplying (export) direct to customer.

In this case Commission Charges Paid to commission agents.will attracts gst on it? (or it is a import of service) & GST is paid on Reverse Charge Basis & claim the ITC. Please explain

1. We are a manufacturer located in Maharashtra. If we received Purchase Order from Buyer located in Andhra Pradesh and Consignee is Located in Gujarat where actual supplies takes place.
It is a inter-state transaction & IGST is applicable. But Person who is paying us i.e. Buyer. Can buyer ask to issue us a separate invoice in this case or consignee is required to issue invoice to Buyer.Please explain

2. We are a manufacturer located in Maharashtra. If we received Purchase Order from Buyer located in Gujarat and Consignee is Located in Maharashtra where actual supplies takes place.
It is a intra or inter-state transaction ? which tax is applicable. CGST or IGST . Please explain above 2 transactions.

As per sec.50C which amount is to be taken as sale consideration for computing capital gain. Fair market value adopted by stamping authority or the value written on the sale deed which is actually received by the assessee. Is sec 50C is a presumptive provision. please explain.

A company incorporated in August 2016 with authorized & subscribed capital of Rs 1 lakh, but has not yet brought capital in the company. My query- Is it necessary to introduce the capital before a fixed time limit? Please provide relevant rules/section.

Thanks in advance