Anonymous
31 July 2014 at 14:36

Capital gain

Hi,

If I sell my Office located in India and invest the consideration received from that for my son's eduction abroad, will the capital gain be exempted?

Thanks



Anonymous
31 July 2014 at 14:18

Articles re registration

For registering my articles do i need to enclose 10th class,cpt,ipce marks lists and itt,orientation certificates along with form 103. Please help me


mohit
31 July 2014 at 14:14

Work contracts

hello
i want to know in up vat works contract:
the contract consist of 30% material & 70 % labour but the builder company has deducted 4% wct on total bill amount. now when we have filled for the refund the officer is saying that he will assume the works contract to be 70% material and 30 % labour.

please give views asap


SATHYAVRATHAN
31 July 2014 at 14:12

Cash payment of rs 2 lakhs

I am a researcher and have paid Rs. 2lakhs a cash for a purchase of an equipment.
Is that allowed or what should I do for this.
I have a grant sanctioned from Govt of India.
Please advice whether I shall carry out cash transactions or not??/



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.






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query