Mr. X Paid the Premium of Rs.25000/- for the Policy of his Son Mr.Y

Who can Claim Deduction ?

Does Answer Changes if Mr.Y is Dependable ?

Will there be any kind of Adjustment in the Balancesheet to the above case Beside 80c ?

PLEASE TELL ME PARVEEN SHARMA SIR FACE TO FACE CLASSES WHERE AVAILABLE FOR IPCCC ADVANCE ACCOUNT , PLEASE GIVE ANY CONTACT

Agricultural land aquired in rs 10lacs without registration 4yrs back.now aquried assessee selling those assest in 20 lacs.what will be the tax conseqence and effective tax management advice.

It came to my knowledge that 1 % tax will have to pay on property's sale & purchase over 50 lacs.Is this true. And this provision shall be applicable from June 2013.Please Clarify in this Matter & Be obilized.

Thank You,

Hi,

Im working in BPO my shift timings is 3.30 to 12.30, im doing ICWAI inter going to write both group in dec13. In that i want to study in tired. Please advise me, im not at all having time to study properly feeling too much tired, spending only 2hours in home. i want clear both group in dec13 itself.
Please give me proper advice to clear my exam

Dear Experts,
A Ltd. purchases a machinery for Rs.1000000 plus VAT 100000. On the year 1 he has utilised 50000 VAT input credit for his VAT liability. Now on the 2nd years the machinery is sold, what has to be done at this stage now.
Thanks & REgards,
RAjesh.

suppose i am receiver of service and goods transport agency charged me bill inclusive of service tax. and i paid him entire amount inclusive of service tax.
Now as per reverse charge mechanism i m liable to pay service tax (being service receiver) so now what i should do?? i should pay the service tax amount to government?? or my liability is discharged by paying the amount to transporting agency..??

Hi Experts,

I am supposed to appear for CA Final examinations in Nov 2013.

Please advise on methods of self study, which reference notes and reference books to use.

Also advise on methods to complete the course in the due time in self study.

Eager to hear your valuable reply.

-Darshan

What is a Sale on Consignment ? How it is Accounted for.

How the same has to be shown in the stock and how to revalue for the same. kindly explain.

What is a rule for deducting TDS
Method 1)When bill recd. for the month of may 2013 and the date is mentioned as 01-06-2013, bill booked for the month of may 2013 and TDS deducted and deposited on 07-06-2013.

Method 2) Bill recd. for May 2013 and date is of 01-06-2013, bill booked for the Month of June 2013 and TDS deducted for June 2013 and deposited on 07-07-2013.

From above which is the right method. Pls. explain with rules and regulations. thanks