Can a person buy gold in a company name for her daughter....if yes than can he let out in interest...

We booked property in 2010, till date no documentation has been done for that property.The value of property is Rs. 1,20,00,000 plus other cost is Rs.5,00,000(Other cost includes club-house charge, Advance maintenance charges,electrical charges, Development charges etc.)plus Service tax amount is Rs.3,25,000 (Approx.). Before 01/06/2013 (i.e.date from which sec.194IA is applicable) we have already paid amount of Rs.90,00,000 plus 2,00,000 service tax. Now, we are going to pay Rs.6,00,000 plus Rs.22,000 service tax. So, now on which amount we need to deduct TDS, whether on 6 lacs or 6.22 lacs or on 96.22 lacs? If at present we deduct TDS on Rs.6 lacs only then at the time of execution of sale deed will there any issue arise? And TDS is to be deducted including service tax amount or not?

one of my friend is engaged in the prop. business of cosmetic items. his turnover for f.y. 2012-13 (first year of business) is 38 lacs and income of around 4 lacs. he is not maintaing proper books of accounts becoz it is not mandatory in his case. my question is that which return is applicable on him itr 4 or itr 4s ?

The receipt of R300 000 form a customer in April 2013 was not allocated to the relevant general eldger account during the year .(It appears on the bank statement only) .The year end is 30 June 2013 .

What are the correct entries to process in order to bring this into our books for the 30 June 2013 financial statements?

The accounting system is still open to process entries that relates to 30 June 2013 fnancial year.

HI CA CLUB FAMILY,
MY QUERY IS REGARDING CLAIMING INTEREST ON HOUSE PROPERTY.
I NEED TO CLAIM 168300 AS INTEREST ON SELF OCCUPIED PROPERTY,IN 168300 1.5 LAC IS CURRENT YEAR AND 18300 INTEREST IS PRE CONSTRUCTION PERIOD INTEREST,BUT IN FILLING ITR 2 IT IS TAKING ONLY 150000,IT IS NOT ALLOWING 18300,SO WHERE SHOULD I ENTER 18300 AMOUNT IN ITR 2.

THANKS IN ADVANCE

I submited my ITR by xml file.

I updated First Name as RAMESH GOLLAPUDI and Last Name as GOLLAPUDI.

So name is showing wrongly RAMESH GOLLAPUDI GOLLAPUDI. How to change First Name?


From RAMESH GOLLAPUDI to RAMESH?

Dear Sir,

Can CA Become a director in co. ?

Thanks for reply in advance.

Please let me know the procedure of registration of TIN in Karnataka. What are the documents required for the registration?

i had appeared for ipcc may 13 but could not clear it. i want to know whether any syllabus of ipcc both group has changed as i am going to appear in nov 13.

Please provide me the procedure of inseration of new objct clause as company is going to involve in construction business