aishwarya gupta
26 June 2014 at 13:21

Accounting technician

Respected sir, please guide me about the role, authority and responsibility of aacounting technician?



Anonymous


I had purchased a residential plot for Rs.236000/- in the year 2001. Now I sold the said plot for Rs.4000000/-. How much will be the the tax liability on the income from sale of this property.


imran
26 June 2014 at 13:00

Rebate u/s 87a

INDIVIDUAL ASSESSEE HAVING INCOME AS BELOVE
NTI : 146752
SPECIAL RATE INCOME 15%: 20912

NORMAL TAX: NIL
TAX ON SPECIAL RATE: 3371

CAN THE PERSON IS ELIGIBLE TO GET REBATE U/S 87A?
IF THE PERSON DOES NOT HAVE TAX LIABILITY IN NORMAL RATE!


priyankl
26 June 2014 at 12:56

Capital gain

Dear experts

i want to know that how capital gain is calculated on speculation income (same day-buy/sale of shares) Is Stt is taken in purchase cost & sale price...?


thanks & regards

Priyank


Simranjeet Singh
26 June 2014 at 12:44

Explanatory statement

Whether explanatory statement under section 102 needs to be disclosed in the case of board meeting


Gaurav Chamoli

What will be the effect of Depreciation in case of Transfer of Business from deceased Father to Son as per Income Tax Act ( Succession on Death) ?

We are going to make 2 Balance Sheets.

Do we calculate Depreciation in the proportion of Number of Days of assets used or 50:50 or wholly in books of Father or wholly in books of Son?

Business was transferred on 17.01.2014. Will the Successor Son get Depreciation at half the depreciation rate or full rate owing to less than 180 days of use ?

Also let us know the accounting effect....


ANAND A
26 June 2014 at 12:39

Articleship registration

Sir,
I have been working in a Chartered Accountant Firm as Audit Assistant from 02-09-2013 to 31-5-2014 and now I am going register for Articleship. Can I avail leave for the service rendered before the Articleship Registration.


CHIRAG R AHUJA

PLEASE SUGGEST ME TAX LIABILITY FOR THE FOLLOWING TRANSACTION.


A MOTHER WANTS TO GIVE CASH GIFT OF RS.5 LACS TO HES MARRIED DAUGHTER.


WILL THE ANSWER BE DIFFERENT IF THIS GIFT PAID BY CHEQUE. AND ALSO TELL ME HOW THE MOTHER WILL TREAT AS AN EXPENSE OR ANY OTHER HEAD....?



please reply as early as possible



Thanks


Lakshay Gupta
26 June 2014 at 12:28

Ca articleship

I have cleared my IPCC Group1 but not the Group 2 and also registered as an article on DEC 2013 under my CA and too Completed my Orientation and ITT classes as well. Now, I am not in a Position to Continue my Articleship further and want to do job being a Graduate. What should i do to Cancel my Articleship.



Anonymous

Hello sir, i hv completed my 1year articleship training and got atc certificate and also group 2of ipcc. I would like to know whether to continue in future ca course i have to undergo 3years training ar 2years training to get ca certificate?





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