Hi iam doing CA final my attempt Nov 14 .... I planned to buy munish bhandari book for law subject .... in that handbook is sufficient or detailed book is needed ?.... plz reply as soon as possible bcz I was already ordered book I want to change my order based on your opinion ...

I am an article pursuing training in Audit. I have one friend whose accounting has to be done. how should I start with. Should I include assets through his capital account. Assets are not purchased this year. books of accounts will be maintained for the first time.

what r the changes for dec 2014 cs execu. and books to refer..

service tax return not be filed by service provider ,if no. service tax is payable.

My dear expert, Pleas help me,

One of our client doing Advertising Agency business in news paper advertisement only.

my doubt is whether Advertising Agency business is eligible business under sec.44AD.
He can file his income tax return under presumptive taxation route.

thanks

whether ST not collected from customer but paid to treasury is an allowable business expenditure.

whether service recipient not liable to pay service tax under reverse charge if it was already discharged by service provider.

There is a rule that if exempt income exceeds rupees 5000, a salaried individual with interest income and income from one house property will have to use ITR-2 and cannot use ITR-1. What is covered under exempt income? Will HRA and transport allowance also be covered in the limit of 5000?

Hiiiiiiiii all,

I am a member of Mysore bank cooperative society from 1969-2011.When i was member i was allotted a site in 1970 with possession certificate.But i have registered the same in 1988 for a consideration of 4500/-.In 2012 i have constructed apartments on the same.And in 2013 i have sold my flat for a consideration of 30Lacks.

And for that construction purpose i incurred 20 Lacs.

As land was aquired before three years it is long term,and building constructed in 2012 it is short term.Am i right?

If it was right,how to separate land and building values?

Please clarify?

Dear Expert,


We will be making payments to a vendor who has taken on lease / rent few rakes of railway. We will be moving our stocks through such vendor and will be making payments to him (not a direct payment to railways).


Am I supposed to deduct TDS on freight payments to this vendor?


Thanks in advance

Ganesh