One of my client had taken loan from cholamandalam investment and finance company. That client fall under audit. Is he required to deduct tax on interest paid to cholamandalam finance company as the interest paid by my client to non banking institution.

If yes then is there any other way by which my client come out tds deduction matter in respect of interest paid?

Dear Sir,

My one of the client have the agency of RD Agent in Post Office. She file last three year ITR in ITR 4. Can she use ITR 4S or not.

Kindly advise me, So I help her.

in itr 4s given that if exmpted income more than 5000/- then fill itr 4
pls clear that which type of income

awaiting expert opinion

Mr X was alloted a plot in the year 2005 for Rs 1,00,000/-. Later on, from time to time, he paid Rs 12,00,000/- for the plot.

IN 2014, he made the final payment and the registry was done in his name.

In the next month, he sold the plot.

My query is, what will be the year of acquisition of the plot, whether it would be 2005 in which the plot was allotted or the year 2014 in which the resgistry was done.



Kindly advise.

Dear sir,
if i discontinue my articleship period of 3 years in the 2nd year. can i continue my articleship after 1 year or should i have to start from the 1st year

please suggest any idea

I've come to know about Actuaries from AS-15. Since then I have accessed on internet & heard from friends that it's a high rewarding & prestigious career. But i guess it might not be so. Here i would welcome the Experts of Market & Industry to share their knowledge about Actuarial Career such as Demand of Actuary in Insurance Companies as well as in Network Firms, Intial Salary Packages, Best Recruiters etc. Any reference to Reliable source of information would also be appreciated. Thanks :)

I am currently doing Industrial training and my attempt is in november.How should I plan for my studies as only 4 months are remaining from now and I am looking forward to go for groups. I will get 2 months leave for preparation. For Law, Audit and Indirect taxation neither I've done the classes yet nor self study. plz help.

I have not issued the invoice to one of my customer for selling some barcode labels to them & accordingly I have not taken the same in the VAT Return.

But the customer had made the payment through cheque.

Now, how can I show the same in BS & can match the return.

In FY 2012-2013 the taxable income of a US citizen but ordinarily resident india was 2,86,00,000
was surcharge applicable to him ??

i want to know what will be more fruitful area in ca articalship so that i will opt that organisation , i.have completed 8 months of training , pls suggest any1, mine interest is solely in calculations and fm subject ansh