gaurav sharma
17 July 2014 at 23:54

Indirect tax

In service tax, if assessee charged wrong service tax rate,
for example, assessee (service provider) charged 12.36% service tax at beginning of financial year and during the financial year he came to known that he falls under rule 2(1)(d)reverse charge and having a abatement of 30% in work contract.
my question is can he change the rate from 12.36% to 4.326% between the financial year?


Abhishek Gupta

Dear all,

Request you kindly suggest which book shall be taken for ipcc cost n fm in kolkata



Anonymous

Dear sir,
you are requested to kindly inform me how will claim income tax rebate u/s.87A in ITR for the assessment year 2014-2015 after tax payable is it automatic will come Rs.2000/- or I have put the same amount in itr


from :
Bapon Pd. Saha
ITP
Dibrugarh


Lalit
17 July 2014 at 23:33

Direct entry scheme

-Complete 9 months practical
training as on 1st day of the
month in which examination
is to be held.

in above statement, 1st day of the month is count or not for training??


CHANDA SINGH
17 July 2014 at 23:31

Exam november 2014

when will CA FINAL.online filling of gorm starts???



Anonymous
17 July 2014 at 23:19

Ca final online exam form

Hi Dear Friends,please tell me when will ca final exam form nov 2014 going to be submitted?
n plz give anyone of u ur contact no. for proper guidance.....plz


umesh
17 July 2014 at 23:02

Capital gain

hello experts.. my ques. is if we sell the residential propery on march 2014 and use the proceeds in mnth of april 2014. Now m i elegible to get the exemtion granted under section 54 for the FY 2013-14. or i will have to pay capital gain tax and claim refund next year? and is it mendatory to deposit proceeds of sale of property in capita gain scheme a/c?


Bhaskar
17 July 2014 at 22:51

Query related to property sale

Dear Sir,
My friend wants to sell his property in Bangalore. The property’s (30 *40 feet) market value is Rs 60,00,000/-. The same area’s guidance value is Rs.2500/- sq.feet. He has got one buyer and ready to buy at market price but he is insisting to register only at guidance value which is Rs. 30,00,000 (1200 sq * 2500). Buyer says he will pay Rs.30,00,000/- by cheque/dd and balance amount by cash. My friend has shortlisted another property of Rs. 75,00,000/- lakh and proceed of this sale is going to be invest there. Regarding this transaction we have following question
1) Can someone register property which is below market value (guidance value) ? Will it cause any issue for my friend either from income tax or from registration department?

Thanks in advance,
Regards,
Bhaskar



Anonymous
17 July 2014 at 22:48

Pending share allotment

A comany has share application money received pending allotment for two years. now the company wants to allot share. is there any consequences regarding this. can company allot share after two years. share application money pending allotment is shown in the balance sheet of company for last two years.


pavan kumar
17 July 2014 at 22:34

Black money

one of my client has black money of RS.450000. for a.y.2013-2014.he want to show this money in income tax return.under which head is taxable.