Hi,

I had Lic Wealth plus of single premium 40000/- started on 23/03/2010

Sum Assured:50000/-

As nav is going below I have surrendered and got 36176/- from it after 3 yrs (No surrender value deducted as surrendered after 3 yrs.)

Now for FY 2013-14 ay 2014-15 how much amount from it will be taxable?

Please advise i am confused. I has run through loss.

Dear sir,

Please let me know whether KARNATAKA VAT ACT is applicable for sale of spiritual books published by a trust having 80g registration.


Thank you,

How I can make best preparation for final sfm

Can it be possible to Ac included under Furniture & Fixture's??
Advise me because some have opinion it's Machinery or office Equipment but most books reffered Ac is Movable & Fitting as Fixture so can it be possible to included under Furniture & Fixture's

Dear sir,

My client was working as a government employee. She was a teacher in government school. She has retired as on 01/12/2012. Now she had received salary upto november 2012. After 4 months, i.t as on 02/04/2013, she has received full pension for four months. i.e. dec 2012 to march 2013. Then after she receives monthly pension after deducting commuted pension.

Now my question is that, in which year full pension received by her will be taxable..? I.e. in fy 2012-13 or fy 2013-14 as pension received in 2013-14 as on 2nd april 2013 for 4 months of fy 2012-13..

Please reply to the above question as early as possible as i have to file return.

A new private limited company is formed in February 2013.No transaction took place in February and March. Should the company still file Income tax return for AY 2013-14. Or it can file income tax return next year with Financial year being Feb 2013 to March 2014?

please provide me the schedule for 3 subjects, ama,dt and isca for nov 13 in 3 months .i am housewife and have to manage my home also i got exemption in idt

Hi,
I have a small query.
Mr S is having a son. Mr S is already having full deduction of Sec 80C in his individual ITR (actual amount in excess of Rs 100000.00+ but restricted to Rs 100000.00 only). He pays College Fees of his son worth Rs. 100000.00. As his son is a member of his HUF, is it possible for Mr S to claim the benefit of College Fees in his HUF Return where his eligible investment is Rs 10000.00 only thereby not letting the benefit of Sec 80C deduction lapsed. He plans to pay the College Fee out of his HUF’s Bank Account.

what will be tax consequences if a residential property belonging to HUF is sold & whose karta is died ?
will the members liable to pay any tax. if yes then suggest tax planning.

can anyone please share the format of the cv for articleship and what other documents i need to submit with the ca . please make it urgent.