Anonymous
11 July 2014 at 16:23

Exemption limit

how much exemption should i take u/S 24 (i.e interest on housing loan)if the property is not let out ( vacant for the whole year) Actual interest paid is 20,92,556.
whether it is 20,92,556 or 1,500,00.

Thanks


LawStudent
11 July 2014 at 16:21

Query

If a company's office location is to be changed within the limits of the same city, can it be done by passing a simple board resolution or does a resolution by circulation necessarily need to be passed?
(according to Companies Act 2013)


Ajeet Chauhan
11 July 2014 at 16:20

Interest on cenvat credit claim


A firm claim the Cenvat Credit on Machinery and use these machinery for Job Work during the year of Installation (i.e.2011-12) and next year(2012-13). Sales Bills are raised from Next year(i.e. Sept.2012). My Question is that is there any liability arise as per Excise as like reversal of Cenvat Credit for such period or Interest on Cenvat Credit which is taken on Machinery for such period.

Regards
Ajeet


yash gupta
11 July 2014 at 16:18

Section 44ad and books of accounts

As if a assessee declear his income more than 8% of the Turnover he is not require to keep his books of accounts but how will A.O. prove that the turnover is more than 1 Crore.


yash gupta
11 July 2014 at 16:15

Sec. 44ad & sec. 68, 69

If a assessee is Opting for 44AD then he is not required to maintain books of accounts. In such a case how Will Assessing Officer will Proceeds Under Section 68 & 69.



Anonymous
11 July 2014 at 16:12

Inter state purchase and sales

if i paid CST for purchase inter state goods, can i set off against output vat?


Anshul Singhal
11 July 2014 at 16:11

Industrial training

Dear Sir I want to start my industrial training which will be commenced from 25 oct, 2014.

I have informed principal regarding this today (as per ICAI norms,article must have to inform CA at least 3 months before from the date of starting industrial training), but he has not agreed with that and said me to take immediate transfer if i will go for Industrial Training.

But In 2nd year transfer is not possible.

Then, what should i do?



Anonymous
11 July 2014 at 16:07

Levi of vat on service tax amount

CAN LEVY OF VAT IS ON SERVICE TAX AMOUNT ALSO?


KANAV SINGH
11 July 2014 at 15:55

Rebate u/s 87a

Hi i want to know rebate U/S 87A of 2000 will be applicable for F.Y. 2014-2015 or not.


Pranay Patel
11 July 2014 at 15:51

Conversion of loan into equity

Respected Members,

A Private ltd. company has taken unsecured loan from one of its director in two different dates during the month of April, 2014. Now company wants to convert this unsecured loan into equity by allotment of fully paid up equity shares at par.

Please share the procedure to do the same as per Companies Act, 2013.

Thanks
Pranay Patel