My brother went to US for 5 months on training. He & his spouse both received per diem allowance. He has got no expense bill to show to the company about the expenses he has incurred. Now I have already filed IT Return for AY 2013-14 and didn't shows this allowance in IT Return.
Whether per diem allowance received to wife will be fully taxable ?

Please help me to how should I avoid/minimise tax on this allowance

He is Resident & ordinary resident.

I have completed my CA
can i appear part A of that course in 1 year, asking bcz there is minimum duration is 2 years...

A and Part B courses:
Part A – Core courses offered by IGNOU
MCO-1 Organisation Theory and Behaviour
MCO-3 Research Methodology and Statistical Analysis
MCO-4 Business Environment
MCO-6 Marketing Management
IBO - 6International Business Finance
Part B – Specialization courses offered at Final Stage of Chartered
Accountancy (i.e. PCE) by ICAI
Paper 1 Financial Reporting
Paper 2 Strategic Financial Management
Paper 3 Advanced Auditing and Professional Ethics
Paper 4 Corporate and Allied Laws
Paper 5 Advanced Management Accounting
Paper 6 Information Systems Control and Audit
Paper 7 Direct Tax Laws
Paper 8 Indirect Tax Laws

Sir, my PAN application is rejected bcoz of fllowing-
Photograph provided is not proper for scanning. (Photo folded/ Photo with dark specs/ Small size of Photograph/ Photo Stapled/ Faint Photo/side face photo.
- We request you to kindly submit recent colour photograph (3.5 cm *2.5 cm) on a separate paper. Please do not sign across this photo.

1.Kindly tell me whether it was on account of dark photograph ?

2. Do i need to paste new photograph on plain paper ?

ASSESSEE DEPOSITED ADVANCE TAX/SELF ASSESSMENT TAX FOR ASSESSMENT YEAR 2013-14 AND MENTIONED ASSESSMENT YEAR 2012-13 ON CHALLANS. AMOUNT IS SHOWN IN 26AS OF A/Y 2012-13.
CAN THIS AMOUNT BE ADJUSTED IN A/Y 2013-14 WHILE FILING RETURN OF INCOME?

Sir,

My old mother 71, is widow. She has two daughters and no son.My father has left one house in urban area. My mother wants to gift this house to her two daughters in two equal portions, in her life time. We both sisters are married and filing our tax returns. What will be the tax liability to us; or will it be tax free in our hands? What we will have to do for this, so that it may become tax free?

Mother has also made a will in name of we two sisters, which will be applicable after her death only.

UDB

I am a commerce graduate of last year...I am unable to decide whether to go for CA or CFA course...Can you please suggest me?

Hi Expert

I have finalised a house property (Flat)worth 45 lacs. The builder has asked me to show it for 30 lacs for the purpose of registeration and as payment he has told me pay 15 lacs in cash and remaining 30 lacs through Cheque.

What will be implication if i follow the above payment.
Further i would be taking a loan for 25 lacs.
Please suggest the best approach that should be followed.

Thanks.

I am a salaried income tax payee. On checking the Income Tax Of India website, I found that that there is an outstanding Tax Demand of Rs. 160 for the Assessment Year 2011-12.
I want to know the following:

1. How to make the payment of the above outstanding tax amount.

2. Whether I have to pay the amount through Challan and if so whether Form No 280 or some other form has to be used.

3. In the form where I have to mention the Demand Identification Number (DIN), as mentioned in the Tax Demand.

I had booked a flat in 2007 on installment payment system for investment purpose . The Completion Certificate for the project was received in August 2010 . I made a nomination agreement in July 2013 in favour of the person whom I sold this flat and for this the builder has charged a transfer fee . I had not registered the flat but the builder issued the possession letter in my name

Total value of purchase - 1500000
Value mentioned in nomination agreement - 3000000

Now my question is that in the above situation is long term capital gains applicable . And other question is if it is LTCG then how can I save my tax .

Please advise

Hello,
On of the debtor of the company I manage accounts for has not paid for almost a year now. Have send reminders and notices.
What should be done legally next to recover the money asap.
Reference to any lawyer will be apprecited.
Thanks