Manzoor bhat

can i avail benefit from direct tax resolution scheme as i have paid all disputed tax amount but appeal pending before cit


Ravinder Singhal

my wife teach small childrens home tution. So, his income we can show income from other sources (itr 1 or 2) or treated as professional income? my wife is just 10+2 pass out not any professional degree holder. and also earn some by stitching of clothes or sarees. please suggest.


Brajesh Tripathi
01 January 2017 at 19:09

Consolidation and Section 129

Section 129(3) Reads that Where a company has one or More subsidiaries, it shall, in addition to SFS, prepare a Consolidated FS and of all subsidiaries in the same form and manner as that of its on which shell also be laid before AGM of the company along with the laying of its statement under subsection 2 provided that the company shall also attached along with its financial statement a separate statement containing the salient features of the financial statement of its subsidiary for subsidiaries in such form as may be prescribed provided for that that the central government may provide for the consolidation of accounts in such manner as may be prescribed explanation for the purpose of this subsection the word subsidiary include associate company and joint venture rule number 6 of the companies accounts rules 2014 provides that the consolidation of financial statement of company shall we made in accordance with the provision of schedule III of the act and the applicable accounting standards provided that in case of a company covered under sub section 3 of section 129 which is not required to prepare consolidated financial statements under the accounting standards it shall be sufficient sufficient if the company complies with provisions on the consolidated financial statement provided in schedule III of the act for the provision inter alia provides that nothing in this rule shall apply in respect of consolidation of financial statement by a company having subsidiary of subsidiaries incorporated outside India only for the financial year commencing on or after 1st April 2014 Now my doubt is that 1) to ensure that what constitutes subsidiary what constitutes joint venture and what constitutes associate should I accept the veiw provided by accounting standard are you provided by companies act 2) if I have only associate company or only joint venture company do I required to prepare consolidated financial statement


Mahender Singh
01 January 2017 at 15:54

limitation for gift

what is the limitation for giving gift to wife,daughter & son and what is the right procedures for doing it



Anonymous
01 January 2017 at 13:40

Regarding filing of tds challan

Hello Sir/Ma'am

This is my first time filing a TDS challan. I have some confusions please help me out -

1. What should be the assessment year?
2. Difference between company deductees and non-company deductees.
3. What will be the nature of payment if I have deducted tax from the amount I paid to the contractor for construction of warehouse?

Please help me. I will be highly obliged.



Anonymous
01 January 2017 at 12:59

Nri

I am an Indian Resident. My daughter married to a UGANDA ( S.Africa ) based Indian boy in the year 2014. ( 2 years). She is migrated to Uganda. She was having her bank account jointly with me. So far no Income Tax return is filed as her Income was not taxable. She is working as well as practicing there as a phisyotherapist doctor.
Queries
1 Can I operate her existing S.B. account in her absence?
2 Can I deal in the Stock market on her behalf and do the financial transactions in her account?
3 If she comes to India for a short period, can she open a new bank account jointly with her husband? If yes,which account is to be open ed?
N.R.I. / N.R.O.
4 Whether that account can be operated by either of me or my wife?
5 Whether she has to declare her Income there or in India ?
6 Her income is still not taxable in India but may be taxable there in Uganda.
7 Whether her return can be filed here – ( nil return ) .
8 Will it be any consequences in my income tax account?
9 So far she has not transferred any foreign currency in India. What to do if she wants to transfer it to India. Wher can she transfer the fund in
India? NRE / NRO Account ?


atul singh
01 January 2017 at 12:44

Guidance for book

I have ca final law and audit book applicable for nov 16 exam. Please suggest from where i can prepare amendments for may 17 exam. I am unable to buy new books please suggest . Thanks


MILAN B. SHAH
01 January 2017 at 08:11

service tax to photography services

is service tax applicable to photography services ?? yes than the please guide the proceedings for registration documentation and after that procedure thanks



Anonymous
01 January 2017 at 07:48

Msme- udhyog aadhaar

UDYOG ADHAAR PROVIDED BY MSME ONLINE FOR REGISTRATION OF MICRO INDUSTRY, TRADE SECTOR. IT REGISTRATION IS DONE ONLINE. THE BANKS ARE NOT OPENING CURRENT ACCOUNT ON THIS BASIS. CAN BANK DENY FOR THIS DOCUMENT. PL REPLY WITH WITH DETAILS SUPPORTINGS, THANKS IN ADVANCE WITH HAPPY NEW YEAR TO ALL.


Mahender Singh
31 December 2016 at 21:32

filing of ITR

I am central Govt employee having with gross income less than 500000 can ITR filing is compulsory for me and can I file ITR for previous years






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