kindly tell how many leaves can be taken during the 3 year of articleship?? are leaves taken at the previous firm will also be counted in the total..kindly explain in detail please as I need leaves to prepare for the exam
Dear Expert,
my business turnover is more than 1crore in FY 13-14..
I am running proprietry firm.
Whether Wealth tax return is compulsory for me even if my wealth is less than exemption limit??
Please sent me new 3CD form (WORD) format at my mail ID mnsohel121@gmail.com because i have lots of work load. So i want to finish my audit work upto uploading process.
Can a CA in practice allow another CA practising Separately to sign financial statements on his behalf?
i have deducted tds & deposited but the amount was not credited in parties account what is the remedy .....?
Respected experts , sir i want to ask that whether the mobile/telephone expenses of directors and managers are allowed as an bussiness expense..?
Respected Experts,
Please guide me regarding this...
Their is a private company whose both Directors who are share holders also committed suicide due to their personal loan is increased. Now my client had given loan in past & made an agreement with Co. that "in case if Directors or share holders are fails to pay loan then legal heirs will be liable to pay loan amount" such type of clauses was added in agreement. But in this case both Director who was share holders also were died & no legal heir is coming forward for share transmission procedure. Hence please guide me regarding this.
My father in law died in the year 1995 leaving a house property in a prime locality. The house was constructed in the year 1965 for a value of Rs.2 lakhs. We, the legal heirs, continued to live in that house all these years. My wife , mother in law, wife’s brother are the legal heirs for this property. Since the house is very old, we wish to go thro a Developer for construction of New apartments. Developer is proposing to construct Six apartments permissible as per the local municipality norms, in that plot after demolishing the house, and is offering each of us One Apartment free as a consideration for the Land . The guideline Land value of the plot in local municipality in which house is situated is about Rs 3 crores and current market value of a flat (1200 sq ft) in that locality is Rs0.90 crores. Once we conclude the agreement with the builder , the project may take 18 to 24 months and New flat will be handed over after 18-24 months. In this context, I have the following queries :
(I) Whether the legal heirs are subject to capital gains tax under Income tax act?
(II) If, so, what is the cost of acquisition to be considered for each of the legal heirs? Is it Nil or cost at which it was acquired in 1965 subject to indexation till date?
(III) Whether any partition deed is required to be made and Registered amongst legal heirs before going ahead with builder’s project .
(IV) The builder is suggesting to specify current market value Rs.0.90 crores in the agreement, as he is going to sell other three flats to outsiders at this rate. Whether this market value of flat (Rs0.90crore) is to be taken as our investment in a house property, under section 54 of Income tax act.
(V) Since the project may take 18-24 months to complete and handover , which date is relevant for capital gains tax. Our agreement with the builder will be made in this month and in which case, whether agreement date or handing over date.
Hi friends
DPT -4 to whom it is applicable ,
is any due date for filing of DPT-4.
give me clarification on this regard.
Hello Professional Colleague,
My Company has been incorporated on 13th November 2012, Now I want to held AGM & Fill Balance Sheet & other Documents to ROC. Hence please guide me regarding when I can take such meeting i.e. upto which date ? I am totally confused with 18 month rule & 6 month of end of financial year
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
How many leaves are allowed during 3 year of articleship???