Hello
I'm an undergraduate 2nd year student in a private college and will graduate from bcom course in may 25...
So I wanna ask if I can sit in ca inter 25 exams when I'm not sure if I would've had my final exams by then or not??

Dear Experts,
1 A company has purchased the vehicle,which has the approx taxable value of Rs 45.00 laks.and the company pays the TCS @ %
2 After the some period, the same vehicle has undergone for the periodical maintenance service to the same dealer.
3 Now the query is
4 Whether the company has the obligation to deduct the TDS u/s 194Q towards the spare parts, which are to be replaced?
5 Since the vehicle purchased amount to be added to calculate the Rs 50.00 Lakhs threshold limit

SIR
MR.A RUN OF KIDS ENTRIMENT PARK. HE COLEECTED ENTRANCE FEES ONLY . HE COLEECTED RS12,20,000 PER YEAR. HE SPENT SALARY ,RENT AND EB EXP AND OTHER EXP RS.6,40,000/ BALANCE RS RS. 5,80,000/- THIS INCOME UDNER HEAD OF BUSINESS OR PROFESSIONAL ARE SERVICES ? . HE IT FILING FORM NO. 3 ARE 4

TAHNK

On what basis we can share maintenance expense between group companies?

The Company is having its Head Office at Singapore, Regional Office in Middle East and Branches all over the world. The Turnover Limit is USD 10 billion. Whether IFC or ICFR applicable on these entities?

Their is a company who has take over another without any settlement of accounts, Now we have stock of that another company of value 1.1 million rs and no other details we have. Now I have to shown those goods in my account books because we use in daily sales transaction. How can I enter stocks in my books of accounts because I have only stock details and no other details I have.
If I directly put stocks in opening then it will reflect the difference in Trial Balance and Balance Sheet.

I have received notice u/s 133 (6) and asked for ledger copy, sales register, inventory register, Bank statements, and other related documents but I have filed income tax return u/s 44AD so we can not maintained books of accounts as per income tax law.
Please guide how to reply this notice.

Date of agreement - 25.09.2023. Joint Buyers - Mr X & Mr Y. Total Sale consideration Value Rs 75 Lakh.
On 04.07.2023 paid token money Rs 1 Lakh (No form 26QB filed).
Remaining balance of Rs 73,25,000 paid on 29.01.2024 (as 1 percent of sale consideration Rs 75000 TDS)
Questions:
1. Payment type = Installment / lumpsum?
2. Total amount paid/ credited in previous installments, if any (A) - what should be this amount?
3. Amount paid/credited currently (B) - what should be this amount?
4. Total stamp duty value of the property (C) - what should be this amount

Hello,

One of the important condition for availing exemption under Section 54F is that the taxpayer should not own more than one residential house other than the new property, at the time of the sale of the original asset.

What is the definition of residential house in the above condition? Does a residential plot (vacant land) is considered as residential house? For example, at the time of the sale of the original asset, if a person owns one residential house (residential flat) and a residential plot (vacant land with no plans of constructing the house or leasing the land in next 5+ years) and wants to invest long term capital gains in buying another residential house, will they be eligible for availing exemption under Section 54F? Please guide

Hello,

I'm inquiring about the Double Taxation Avoidance Agreement (DTAA) between India and Taiwan. I need to make a payment for technical services to a Taiwanese party and wonder if they can benefit from this treaty. However, upon my research, I found a treaty between specified associations instead of the governments of both countries. Can we still avail the benefits of DTAA in this case? Any insights would be appreciated. Additionally, if anyone has information on the specified associations mentioned on the income tax website, that would be helpful too.

Thank you.