Dear Sir/Madam,
Can loss of proprietorship business be carried forward and set off against profits of partnership business? If so what are the conditions to be satisfied ?
If an assessee have a house property as a asset in his business and rented out the same.Assessee rented the same property during the year and claims standard deduction @30% on it.whether assessee can claim depreciation from business income also?
case 1: it is not put to use in business of assessee
Case 2: it is used in business by assessee during the year
Dear Expert,
Please let me know whether i can re-register on e-filling site if i forget password and can carry on filling on re-registered site
Can I claim dedution for the house (owned by me) additional contrstn..amount from the long term caputal gain?
Dear Sir,
Our company is a Small Scale Industry having current turnover of about Rs. 8 Crores through local trading sale. Now our Directors are planning to start a furniture manufacturing business by company's name and wants to keep all the papers up to date. Now I want to know that, do we have to apply for Excise Registration Number for the same? Please advise me so that we can start our business by keeping all our papers.
If i have not tax liability, how many previous years income tax return in current f.y-2014-15 i have to file?
If any penalty occurred for that, if you in which section to pay.... ?
sir pls provide strategies fr clearing ipcc
For A.Y 13-14 I had e-filed my return, I was supposed to get refund but the bank account whose details I had given in my return is closed now. I have received a cheque and an Income tax Refund advice on 21.06.2014 from Income Tax Department containing the refund amount. The cheque is drawn in favour of my old account which is closed. I want to change the bank account details now.. Kindly advice me how can I change my bank account details so that I can get the refund.
I need a clarification regarding booking of purchase under high sea sale basis.
1.how does purchase are booked under high sea sale?
2.When are risk & reward are said to be transferred under High sea sales?
3.what about treatment in case goods are not received as on closing date?
4.Treatment of expense of custom duty paid in said case (i.e., goods not received on closing date) ?
5.Reference of any accounting standard & guidance notes if any.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Set off of losses