I am a direct entry student and I am about to complete Iit training in a week . I need to join article ship and complete it before may to give the may exams . I have not yet submitted the documents for article ship . As i know that only after completion of Itt I can apply for article ship .So how much time I have in hand to submit the documents and also can I join articleship while the institute is processing with my documents or I have to wait for their approval ,Also I m a working partner in a firm is it important to furnish all the details for article ship or what is the procedure to apply then . Is it so if you are a working partner you cannot join articleship or else I have to retire as partner and then apply .

Sir

Is the CBDT notification exempting ITR for Return below 5 lacs is applicable for A.Y. 2013-14 ? Bcoz in Notification no. 9/2012, it uses the words A.Y. 2012-13 only. Whether this notification extended for next A.Y. Also ?

I have cleared Ca final exam and also my Cs Final exam but I did not knew that I have to take permission from the ICAI before opting for additional course. So now if I submit the form 112 then there would no voilation of any Rules and then I can apply for my Membership No.

Dear Experts

i want to know

the procedures to incorporate an unlisted limited company with 7 members , capital Rs.5 lacs


I have been aware up to Certificate of Incorporation.

but thereafter what are the procedures and cost to get Certificate of Commencement of Business.

which forms ?

costs thereof ?

my question is that whether today date annual TDS return filing is mandatory or not?
if yes, plz mention the all form with due date.

thanks in advance

Sold a Commercial property for 17 Lacs. Indexed Cost was say 11 Lacs. LTCG = 6Lacs. The assesee purchased a new house for 50 Lacs but paid only 5 lacs from his own account and remaining 45 lacs was paid by taking bank loan. as only amount of 5 lcas is invested he will get only a proportionate exemption form capital gain. My query is can he deposit money now in bank account under capital gain scheme before due date of return and utilise the money for payment of bank loan and interest....whether that will qualify as investment made?? also the interest and principal paid upto march 2013 qualifies as investment in property??

One of my proposed company wants "international" or "corporation" as a second word. Can it be taken?

At who's option are redeemable preference shares redeemed? (preference share holder or the company). Isn't the duration of such preference shares fixed and are automatically redeemed.

i have gone through a few books and they have chalked out the entire process however a person from the industry says that such redemption is at the option of the preference share holder.

80tta for this what we have to do....
first add in other source and then deduction

or directly show deducted amount

As per Finance Act and for A.Y.2013-14, AMT (Alternate Minimum Tax) is applicable when the income is above Rs.20,00,000/=
1)If the income above Rs.20,00,000/= is filed using ITR Form 2, then tax is calculated at normal rates. But if it is filed under ITR Form 4, then AMT is calculated and the tax is calculated at higher rate
Why is such difference when the income is above Rs.20,00,000/= (As in any case, AMT is applicable)