Should the Balance sheet reflect the personal assets of a proprietor?

How the investments in PPF,NSC etc will appear in the Balance sheet?

Is there any format for preparing a capital account? Which items should be credited & debited to the Capital account so that it should reflect a true & fair view?

WITH RESPECT,

I have one query as follows:
That I am working in the Government Sector on contract basis as a Legal Retainer. My annual salary is Rs 30000. I joined in the year 2013 July (Month). That i received a sum of Rs 193267 in the financial year 2013-14 as a Fee and my organization issued FORM 16 A for the same and tax is deducted at rate of 10% as per section 194J of Income Tax Act, 1961. My TDS amount is Rs 19327.

In order to claim my TDS amount i have to file an ITR in the Assessment Yesr 2014-15.

I want to know which ITR form should i file.

Whether ITR-1 or ITR-4 because many people suggested that in order to claim TDS amount i can fill ITR-1 also because my income received in the financial year is below Rs 200000 i.e non taxable and i can File ITR-1 and there is no harm in it and even my TDS amount will be refunded to me safely without any problem by IT department.

BUT as per 194J i am getting fees for professional services and income from profession cover under ITR-4.

So i want to know again whivh ITR should ITR should i file...ITR-1 or ITR-4


Please Advise. I am really confused. I have to file my ITR early and i am first time Tax Payer.


Regards.
Gaurav Sharma

A lady residing in U.S. for a long time having ancestral assets in India. she is now willing to transfer such assets to her brother's son residing in India.can she do so. if yes can someone please explain me the tax implications and alternatives available for this.

Hello I have taken transfer in my second year of articleship to lucknow earlier i was registered in Delhi. So can i give my exams from Delhi ? If yes,will it create any problem at the time of getting the Certificate ?

sir i am a 85% student i have appeared my cpt exam in June 2014 but i did not qualify it . i am not able to decide what to do . i wish to take b com computer applications in iimc lakdikapul i will appear cpt once again in december 2014 . i will pass definitely . i will proceed to ipcc training . can i convert my b com regular degree to distance degree after b com first year . i want your your suggestions and any commerce career advises .
thanks in advance . if i have any further doubts i will definitely ask .

What is the basic difference between the assessment and self-assessment under service tax rule?

sir,please say me the procedure of termination of articles

Dear Experts,

How to book Expenses relating to get trade mark registration for a pvt ltd company. we paid 55000/- to a consultant it includes
fee for 5 applications @ 7500 total 37500/-
and professional fees to consultant 17500
total is 55000/-.

then how to book these expenses in company books of accounts.

Thanks In Advance.
Narendra Kumar M
9949952188.

Dear All,

I have registered my articles in Mar'2012, till now i have utilized 31 days leave and eligible to give my Nov'14 attempt, but i m not interested to give Nov'14 attempt since my coaching is not yet completed.
I want to give May'15 attempt exam leave can be availed to the maximum of 90 days as per institute rules.
Can i take that 90 days leave for my May'14 attempt if i am having leave credit. Here the thing is my articles getting completed by Mar'15, So can i claim such 90 days leave for May'15 or not.


Regards,
Nagaraju.C

Dear All,

I have registered my articles in Mar'2012, till now i have utilized 31 days leave and eligible to give my Nov'14 attempt, but i m not interested to give Nov'14 attempt since my coaching is not yet completed.
I want to give May'15 attempt exam leave can be availed to the maximum of 90 days as per institute rules.
Can i take that 90 days leave for my May'14 attempt if i am having leave credit. Here the thing is my articles getting completed by Mar'15, So can i claim such 90 days leave for May'15 or not.


Regards,
Nagaraju.C