Father A died intestate and the immovable propert was shared equally by wife,daughter and three sons by way of a settlement Deed.Mother and Daughter gifted their share of property in favour of second son B.There after second son B procured the share of his two brothers by way of relinquishment deed for certain consideration. Now the question is whether second son B can form a HUF with his share and the other shares received by way of gift and relinquishment to construct apartments and sell the same and treat the profits as income from business in the hands of HUF.
I look forward to guidance and opinion.
Thank you.

I have 100 Units of Mutual Funds costing Rs. 150000/- as on 15.12.11 and after that I have received bonus units 50 on 18.03.12. I sold 80 units on 28.03.12. What cost I should take for Accounting purpose.

For tax it should be on FIFO basis and cost shall be Rs. 120000/- (Rs. 1500 x 80) but for Accounting purpose as per AS-13 it should be Rs. 80000/-.

Whether Rs. 80000/- or Rs. 120000/- please advise.

sir. I lost my PIN NO. and I want to Dowanload admit card & I have not softcopy of the form.

issue : Auditor has been appointed in AGM and form 23 b has already been filled. company wants to appoint a new auditor.
please let me know the following
1. Procedure to appoint new auditor and removal of old auditor.
2. what resolution are required and format
3. whats forms has to filled
4. any minute format etc.
5. what correspondence with old auditor by company and new auditor.

Dear Sir, please clarify the following situation relating to applicability of Tax Audit:
1.Turnover for P.Y. 2012-13 is 75 Lakh, and net profit for the year amounts to Rs. 2.25 lakh, all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

2. what will be the situation if the same person get his accounts audited for P.Y. 2011-12 due to his turnover of 65 lakh. will he be required to get his accounts audited for P.Y. 2012-13 if his turnover is 75 Lakh?

tds is to be deducted on the basic amount and service tax, but except in rent case. but Let take 2 case study
1)if 100+12.36 is the bill amount & tds is deduct at Rs.11.24 then how much amount of service tax should be paid either Rs.12.36 or Rs11.124(12.36-1.236)??? &
2)if Rs.90 is received as advance fees agter deduction of tds of Rs.10 then how much service tax will be paid to gov?

Hii everybody,plzz tell me d exact address of Ray n ray ca firm in kolkata n which is d nearest metro to it n how is Span and associates ca firm with regard to exposure??

Hi
I secured 60 Marks in Paper 2 in NOv 2012 and while filling exam form for may 2013 i Selected for claiming Exemption.
However in hallticket for May 2013 exam there is no mention of exemption for paper 2.
However in hallticket paper 2 exam is included for exam to be appeared along with supervisory signature column.

Whether hallticket contain exemption details?
Whether i will get exemption or not?
Is it necessary for me to enquired the above matter with Institute?

Sir,
I want to know the address of Kanpur branch on which i have to send my final registration form and on whose name it has to be sent...
I am in mathura..It comes in central region..

Sir,
Initially, we have filed a e return as "NIL" for 26Q2. Now we are going to modify the nil return and add some data's for the same quarter.
But we couldn't able to download a conso file for the same quarter. It asks one or three pan numbers. Actually, there is no PAN numbers in nil return.If so, how can we download the file from tdscpc.gov.in.
If anyone knows, please help me in this regard. Expect the reply from tds filers.

thank u

g.karthikeyan
9585524309