q. Date of invoice 10 october amt rs.60 lakhs

However advance is received through cheque on 30 september.Cheque is deposited on the same day and it is credited in the books of accounts on 6 october.

What shall be the point of taxation?Will it fall in the quarter ended september or quarter ended december

(i have this doubt because i read this illustration in a book and answer according to it is quarter ended september.........but i am confused because i read that date of payment shall be credit in books or credit in bank whichever is earlier...books date is not given so i thought it should be date of credit and answer according to my thinking is december)

Please aNSWER THROUGH EXPLANATIONS

I have a doubt in entry no. 28 services provided by certain registered societies to members. in point (c) it is mentioned an amount exempt up to rs. 5000 per month per member

Q.IF AMT COLLECTED IS RS. 6000 PER MONTH PER MEMBER.... WHAT SHALL BE THE TREATMENT???

In few illustrations i saw that rs.1000(6000-5000) is taxable and in others i saw that entire rs. 6000 is taxable....What is the correct Treatment?????

Dear Experts,

I was working as a S/W Engineer in a company till 21 Nov 2012. I started a website last year and started getting around Rs. 1 Lakh/month as advertisement revenue and affiliate sales commission from Sept 2012 from that website(mainly from US through PayPal and some cheques). Then, I resigned from my full time job on 21 Nov 2012 and started working on the website from home. My previous company deducted TDS properly and I will get Form 16 from them. I got around 3 lakhs as salary and 3 Laks from the website when I was working there. So, I think I can show the website income as income from other source when file return. My doubt is regrading Income Tax on the money I got after I resigned (around 6 Lakhs).

My questions are:

1. Whether I have to file both ITR-1 and ITR-4?
2. How can I save tax from both these incomes if I file it separately?
3. Is there any tax exemption on the income I got from oversees? (As I'm contributing something to our economy)
4. Can I deduct the expenses for running and maintaining the website from my revenue?

By the way, I'm planning to set up a start-up company withing the next FY.

Please guide me on this. Any resource for clarification will be highly appreciated.

Thanks in advance,
Prasanth

SIR I HAD NOT FILED RETURN SINCE
ASSESSMENT YEAR
2008 - 2009
2009 - 2010
2010 - 2011
SO CAN I FILE RETURN NOW
AS THERE IS TAX DEDUCTED IN THIS PERIOD
AND I WANT TO CLAIM THIS REFUND

sir,
iam srikanth i would like to join in a coaching centre for ipcc in coimbatore so
please kindly help.


thank you

..........................................................................................................

Sir,

I am doing CWA besides CA also. I am yet to start my articleship training then also is it necessary to fill up form 112 of CA? (I will start training in may'13)

Please reply at earliest

i have cleared my ipcc in november 2012 and currently i am in 2nd year b.com(h) from srcc.In order to utilise my 1 year effectively, i am planning to do acturial sciences along with ca. I have heard that few of the subjects of acturial are complimentary to CA and can help in developing your profile in CA profession. I know i can also pursue CS in place of CA but that is what most of the people are doing and even it has been said that now its not that beneficial to do CS along with CA. So i just want to know whether acturial is a good course to do along with Ca (if i plan of giving only those papers which compliments Ca) ???

Currently i am doing articleship in lucknow since September 2011 i.e i am going to complete 2 years in sept 2013. I want to take a transfer to another city preferably Allahabad. My dad is a goverment employee who is currently posted in allahabad. He has been posted outside lucknow since i started my articleship.

My query is whether i am eligible to take transfer to allahabad considering that dad has not been transferred now but already outside lucknow since a long time. Will the clause of transfer of parents to other city will apply???

I am a B.com gradaute(2006).i have a experience in sales and marketing for about 3 years.I was not intersted in marketing but didn't got the right guidance.I want to develop a stable and prosperous career.One of my frien who is a CA suggested me to go for CWA/CMA .Is it a right path for me to pursue as this is my last chance to prove myself, what else should be done along or after CWA/CMA.Pls guide .....!!!!