About me
Graduate of Kerala University.
Fellow member of ICAI.
-
What kinds of questions I can and can't answer?
Income tax,Kerala value added tax,wealth tax,company law,Audit and Accounts.
My area of expertise
Same as above.
My experience in the area (years):
36 years.
Organizations I belong to:
Ramachandran & krishnakumar. Chartered accountants.
Publications or writing which has appeared :
nil
Educational credentials:
Graduated from University of Kerala. Chartered Accountant from ICAI.
Award & Honors:
Ranked in CA intermediate. CAclubindia award(Most effective expert)for 2010-11.
-
Shruti Mishra
says
: Short term capital gain & sale consideration
The thumbrule is stamp duty value shall be adopted while computing long term capital gain as full value consideration in case stamp duty value is higher than agreement value. does the same apply to short term capital gains as well ? -
prateek
says
: Process of remittance
lease guide me is it possible to claim exemption u/s 54F for purchase of property outside India by a NRI. Further please let me know the process of remittance of Actual Cost + Capital Gain outside India.Will it be done through Form 15CA and 15CB -
SACHIN
says
: How to know turnover of Option Trading
I am trading in F & O . How to find turnover of Option Trading , According to ICAI Guideline:- 1) The total of positive and negative or favorable and unfavorable differences shall be taken as turnover. 2) Premium received on sale of options is to be included in turnover. So the difference of Option Trading is loss or profit but what is this premium received on sale of option is also be included in turnover means what suppose option buy Rs. 100/- sale of option is 120/- profit is Rs,20 how to find turnover net Difference is Rs.20/- and also premium received to be included i.e. Rs.120/- ? Or turnover is Rs.20/- or 20+120= 140/- ? -
Venkatesh S
says
: Forex Translation Loss
Dear Sir, Is there any case law for capitalisation of Foreign exchange loss (Translation Loss)Because we have branch in USA and buying for asset for that branch when $ rate was 45 RS but Now $ rate is Rs 60+ Now we are facing huge amount of exchange loss (note-it is not int on borrowed amount from bank) it affects my(HO) profit. Kindly advice, Regards venkatesh (Accounts & Finance) Working in reputed Organisation -
Mayur More
says
: sec 54F
Check my query
- TDS on Painter
- what is Section 271F?
- What is the DEFFERED TAX LIABILITIES/ASSETS
- about articleship
- registration letter
- permission for another course under form 112
- Service tax
- f form query
- Tax on Withrawal of Provident Fund
- Extension of article ship
- attempt over.
- Affidavit
- Interest on Edu Loan
- mistake in form no.32
- TO CONTINUE CA STUDIES
Click here to see all answered queries
Comment Please
Other CCI Experts
CA R SEETHARAMAN
Queries Replied : 42596
CMA Ramesh Krishnan
Queries Replied : 26053
Nikhil Kaushik
Queries Replied : 24294
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
