U/s 172 7.5%of amount received is taxable income and charged to NRI at the rate applicable to company, then 7.5% of what amount means which should be included and which should not?? please give some clarification.

I just cleared my IPCC both grps in may'13. Now i want to kn dat what should i do to get started my articleship. And what is the registration procedure I have to get through. Please also suggest me wheather I should i go for Big fours or small firms.

i am submitting form 67 where it appears that there is a limit to file this form or resubmitting the data demanded.
Can any one please tell me that for how many times forms can be resubmitted for the requirements demanded.

Dear sir
Kindly help me on this. My client has sold some mutual funds which is long term capital asset. It is not a regular business of him. So will this attracts capital gain tax r it is exempted like long term equity shares ?

My friend filed the ITR-1 electronically
Address is wrong in that.
How can i change my address in that form
Till date i haven't posted the ITR-V form to
Income tax department.

Please help on this .

I am student of CA final residing in bhubaneswar. I am finding a good book for indirect tax. I purchased last week IDT book written by V S Datey which is waste of time and money. Sanjay banger book is better but I do not like question answer format. Kindly suggest me a good author book with its availability for bhubaneswar which contains clear understanding on the subject for CA final syllabus. I have to appear and pass november exam.

Hi, there

My question is what would be the tax treatment and provision for yer's contribution as sixth year instalment of single premium towards past service gratuity liability.

As far as I know for income tax purpose initial contribution as past service gratuity can be made either in lumpsum or in five instalment not more than that.

Thanks.

I ashish desai registered under direct entry scheme. I sent form on 14/05/2013 online with ACKD11174549. And as per institute requirements I send all documents on 15/06/2013 from JAMNAGAR. But still today I not have WRO NO. As well as books letter. I complete my orientation & IT training. Pls reply me.

Sir I have forgot my roll no of May 13ipcc second grp so how can I get plz reply fast

Dear experts,

A person having 2 House property (suitable for commercial let out) and 1 plot. He let out the 2 House properties for commercial purpose.

Now he sells the plot and invest the money in residential house.

whether he eligible for getting exemption u/s 54F.

Because in the section 54F, it has been mentioned that Not having More than 1 Residential House at the time of transfer of the original asset.

The person is not having Residential House at the time of transfer of Original asset, he is having only Commercial let out property.

Note : Now the person is staying in his spouse house.


kindly clarify me.