Dear Friends, Kindly give me contact particulars of CA firms in KALYAN having vacancies for article trainees.
Cell no:-9767737611
Email:-nitin_ms21006@yahoo.com

sirs..
thank you for clearing my previous query. I have some more doubt regarding pf and esi calculation.

1-Employees drawing basic salary over Rs. 6,501per month have an option to get PF deducted from their salary.

So please let me know, is it mandatory for getting declaration from employee mentioning pf not deduct from their salary?

2-which amount i deduct pf and esi, from gross pay or the amount after deducting loss off pay?

3-what to do if employer forgot to deduct the pf and esi from previous month salary?

4-can I deduct the pf and esi from arrear salary?

5- can i deduct the pf and esi from contract/guest lecture/worker who not an employee of an org.?


Kindly give an answers to get a clear idea on my above queries.

I HAVE DOWNLOADED ITR 1 FROM THE INCOME TAX INDIA E-FILING AND WANT TO SHOW HRA EXEMPT U/S 10 BUT I AM NOT GETTING THE COLUMN WHERE I SHOULD SHOW THE SAME AND SIMILARLY FOR CONVEYANCE ALLOWANCE.PLEASE TELL ME WHERE SUCH EXEMPTION IS TO BE SHOWN.

Whether it is mandatory to disclose the interest aspect of FD even if it is not received by the Assessee, as he allows the same to be accrued along with principal ?Any case laws ?

Dear Sir,

We(My father, brother and I) have a house in the name of my father. Acquisition and construction of the house done ( Ground floor about 50 years before and First floor about 30-35 years before ).Know one know the real cost of the house. Now my father wants to sale the property and want to distribute the sale proceeds in three parts. The sale proceeds is about 1.75 crore.
Please let us know the Tax obligation for each of us.
Thanks

IF THE PERSON HAS TAKEN THE LOAN FOR HIS SON FOR PURSUING HIGHER STUDIES AND NOW THE PERSON'S SON HAS GOT THE JOB.FATHER USED TO CLAIM DEDUCTION U/S 80E OF THE INTEREST AMOUNT AND NOW IF SON IS INDEPENDENT, CAN THE DEDUCTION BE CLAIMED BY SON FOR THE INTEREST AMOUNT INSTEAD OF HIS FATHER IF THE LOAN HAS BEEN TAKEN IN THE NAME EXAMPLE: GURDEEP SINGH S/O SURAJ SINGH.

A private limited company was incorporated on 27th February,2013.For the Financial Year 2012-2013, it had no transaction except Director's Initial subscription to Share capital of the company.Bank account was opened in April 2013.

Will the company require to file ITR for FY 2012-2013(AY 2013-2014)? Will it file NIL return?
Will it require to follow ROC compliances for 2012-2013?

hello,
iknow that the difference of contract value are to be taken as the future and options turnover add the negatives difference also.

my query is:

1.what if the future contract is not expired or squared off on 31/3/2013. what should be done in such case.

2. in option the premium received is only considered for turnover. so what is the treatment of premium paid to buy a call.


i hope some can clear my query

thank you

I am CA Finalist student preparing for my coming exam and I am referring to SD Bala and Makkar sir notes. However there are not all questions answered in makkar sir notes. I searched for the answer in suggested and other books available. It would be very kind if you would help me. I have also written my answer but I don't think it is correct.
Question no. 71 Page G19 of Makkar An Indian Company obtains the following quotes ( Rs. / $) Spot 35.90 / 36.10 3 month forward 36.00 / 36.25 6 month forward 36.10 / 36.40 3 months interest rates - Rs - 12 % / $ - 6 % 6 months interest rates - Rs. 11.5 % . $ - 5.5 % Determine what should be 3-months interest rates after 3 months to make the compant indifferent between three-month borrowing and six-month borrowing in the case of (a) Rupee Borrowing (b) Dollor Borrowing
Answer:
Forward rate of 3 months - 36.10 x (1+0.12x3/12) / ( 1 + 0.06 x 3/12 ) = 36.64 To be indifferent , forward rate of 3 months and 6 months should be equal so 36.64 = 36.10 x (1 + Rs. interest rate /2 ) / (1 + 0.055 /2 ) Therefore, Rs. interest rate = 8.63 %

sir ,i have written ipcc exam in may 2013 but i havnt registered for ATC . will i be able to register for that now?