About me
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What kinds of questions I can and can't answer?
I CAN ANSWER TO QUESTIONS ON INCOME TAX ACCOUNTS MIS AUDIT COMPANY LAW AND OTHER GENERAL QUESTIONS.
My area of expertise
INCOME TAX, AUDIT, ACCOUNTS, CAMPANY LAW
My experience in the area (years):
9 YEARS
Organizations I belong to:
G SONIKA & CO.
Publications or writing which has appeared :
NOT YET
Educational credentials:
CHARTERED ACCOUNTANT, BCOM(H)
Award & Honors:
DURING SCHOOLING
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RamaKrishnan
says
: guide me plz
I have offered CTC Rs.2 Lakhs with a Basic of Rs.8, 000/- Our HR person has informed me that my Basic exceeds Rs.6, 500/- hence, PF deduction is not compulsory. If I haven’t opted PF deduction then I can take home my salary without any deduction. If I have opted PF deduction, then the company’s share also will be deducted from my salary (that is CTC). If I choose PF what benefit can I enjoy? If not what am I loosing? Guide me plz. -
pavit
says
: capital gains tax
In 2005 i inherited residential property from my father. Sold the particular property for 36 lacs in 2005 itself. Bought a plot of land worth 17 lacs(including registration charges)out of the sale proceeds of the inherited property. both these transactions were reflected in the Income Tax returns. Constructed a house on the said plot and completed the construction by December 2007. I intend to sell the newly constructed house by july 08. It is likely to be sold for approximately 60 lacs. After which i propose to purchase a plot of land from the sale proceed for about 32-35 lacs. and later construct a house on that plot. Please advise me on the following issues: a)if the money earned from sale will qualify for capital gain tax? b)what will be the tax liabilities like and under what provisions of income tax clause do they fall? c)are there any provisions for exemption / relief for this? -
Kirti
says
: FBT
Namastey sir, am an simple accountat in pvt. ltd. company. just changed my job from partnership firm to pvt. ltd. comppany. so would like to ask you some qurrey when i face it in the company related to taxation and accounts. presenty i come to know we can treat FBT as expense. is it true ? thanking you. -
Kamal Mittal
says
: ICWA - please help
Dear Sir i have done my MBA from symbiosis and is employed in an IT major .... My complete profile is B.com(Hons) MBA(Telecom Management) , now i want to pursue a course in finance , finally i have decide to go for ICWA ...can u pls guide me in this direction ...like can it be pursued offline/correspondence ...heard u have to go through some compulsory training...if yes what is the possible way for claiming exemption for the same ...and if there is any other possible way out ...please guide me in this direction . Thanks a lot !!! -
sandeep
says
: hello
hi iam sandeep from tell us whchich branch have been alloted to u for statouary audit
- coachings in kolkata or delhi ..urgent
- Accounting Manual
- Articleship
- can pvt ltd co accept loan
- House loan interest deduction
- TDS on service tax
- SHARE PREMIUM
- let me know
- Books for pcc
- Marks require for exemption Exemption
- Ward & Range ( base for juridiction)
- EMPLOYMENT TAX
- Whether to go for SAP
- Mutual fund divident re investment
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