Anonymous
31 July 2014 at 14:10

Tds

Sir,
Can we deduct tds on fire extinguisher reffling charges because we recived a bill with service charges from Max solution pvt ltd amount is 56461.00.How much tds deduct on this bill and tell me proffesional & technical sevice portion


naresh
31 July 2014 at 13:43

Can file itr

CAN ITR FILE IS COMPULSORY :

IF INCOMES ARE TOTALLY NIL & DURING FINANCIAL YEAR 2013-14 PURCHASED AGRICULTURE LAND OF RS. 90 LACS.

PLEASE ADVISE IF YES WHICH FORM IS APPLICABLE.



Anonymous
31 July 2014 at 13:09

Taxation

what is WCT (Works contract tax)?
one of my friend is a electrical contractor in HPCL.Company gives his payment through NEFT it deducts TDS & WCT also so I just want to know that -
1) what is WCT and
2) can it be refundable? and
3) how to treat it in accounts ?
pls give me detailed information about it.


Rahul
31 July 2014 at 13:09

Total income

Dear Sirs, please guide me if i can compute my income in following manner. I do not wish to opt for audit u/s 44AD & still claim a loss from speculation business. Following is the situation. I have 3 business. 1. Tutions( total cash reciept being 275000) 2. Share trading ( Turnover being 10.75lacs & loss being 15000) 3. Speculative business ( turnover being 3lacs & loss being 1.65 lacs) In the above situation, can i offer tution income & share trading business clubbed toghtre u/s 44AD where total turnover/reciepts will be (15.5lacs) @ 8% resulting in income of 1,24,000 & claim loss from speculitve business without offering it u/s 44AD. In the above situation, my total income shall still remain withing basic exemption limit & i would thus not be required to opt for audit & can still claim loss to c/f. Is the above logic that ive used correct? If not, any alternative? Please reply at earliest


huzefa patrawala

sir i have got a job in top ca firm in india as a article assistant in IDT department and they are telling me that i'll only do IDT work for the next three years of my articleship so sir i wanted to ask that should i take up this job and specialize in IDT or look elsewhere ....... and if yes is there any scope in future as a CA if i specialize in IDT .... it would be very thankful if u could help me.


huzefa patrawala
31 July 2014 at 13:07

Is doing specialization in idt good

sir i have got a job in top ca firm in india as a article assistant in IDT department and they are telling me that i'll only do IDT work for the next three years of my articleship so sir i wanted to ask that should i take up this job and specialize in IDT or look elsewhere ....... and if yes is there any scope in future as a CA if i specialize in IDT .... it would be very thankful if u could help me.



Anonymous
31 July 2014 at 13:02

Regarding banking sector

Sir, I am a CA final student and I want to work in a bank. I found that very few ca students go in the banking sector as a specialist officer.I wanted to ask whether I should go in the banking sector or not?



Anonymous
31 July 2014 at 13:00

Itr 4 or itr4s

Dear Sir

one of my friend do treading work not registered dealer return filed for self PAN Number.

his total sale :-f/y 2013-2014 :-2376000/-

& Purchase :-2106000/-

which ITR form is applicable & how much tax liable,



Anonymous
31 July 2014 at 12:55

Regarding chances of getting job

Sir,I have given my 5th attempt of CA finals in may 2014 and now waiting for results.I wanted to ask whether companies and banks are selecting only students passed in 1st and 2nd attempt?Do I have any chance of getting job in banks or mnc if I get pass in this attempt?



Anonymous
31 July 2014 at 12:39

It return

i am filing ITR-1. i have recd Saving bank a/c interest rs 8000/- and PPF interest rs 10000/-. its necessary to show in my return above interest as income.






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