shalaka shekhar rao
12 June 2013 at 11:53

Professional tax return periodicity

Dear Sir/ Madam,
Our Companies Professional Tax liability is more than Rs.50,000/-. Hence our return periodicity is monthly.
My query is that whether we have to filed both return monthly and quarterly or monthly or yearly.

Thanking you,



Anonymous

Sir,
My son has taken loan for his higher PG education. I am co-borrower of the loan. During the course I was paying the interest of the loan amount and got exemption in income tax.
Now the course has been completed and my son has joined a job. My questions are :
1. can I still pay the loan amount? Now my son has the job.
2. Can I get the exemption against the paid interest for education loan?


nidhi jain
12 June 2013 at 11:43

Article training

good morning,
kya aap plz mujhe bata sakte hai ki yadi kisi ko out of india jana ho (due to transfer of father/husband) (for 2-3 years) to uski articlsp ka kya hoga.. kya ye abroad mai continue ki ja sakti hai ya any other solution...??
aur kya isse final exam ki due date bhi affect hogi..???
thank u soo much..


NAVA YUG

Sir,
can a pvt co. accept deposit from its share holders?
If can, der is any limit to such acceptance?
Please help me.


Meenakshi . S
12 June 2013 at 11:30

Does service tax needs to be paid

Pls help,
One of my client is a stoct broker, but he derives most of his income by purchase and sale of shares, he earns only a minimum amount as brokerage. Should he pay the service tax according to the recent ammendment and from when on?


12345
12 June 2013 at 11:29

Exemption limit

Exemption limit is rs.10 lacks.can you tell me the notification no in which it is stated rather than 33/2012?


S. MOHAN
12 June 2013 at 11:23

Capital gains tax

One of our relative has sold a self owned property for around 37 lacs and he has not invested that amount in any other property. He has three daughters and wants to gift this amount to them.If he gifts this amount to his daughters can he avoid paying capital gains tax and if so what is the procedure or if If he decides to purchase a property from the capital gains amount , can he buy one property or two or more property. Please assist.


Pritam Singh
12 June 2013 at 11:20

Tds unmatched challan

Dear Sir,

We have filed return for quarter 2 and have all matched challan, as mentioned on provisional receipt and on statistics report generated at the time of filing return. But on Form 16A received mentioned unmatched challan for all challan deposited for September 2012 on 29.11.2012 with interest.

We checked our return we have claimed all above challan but when we checked at TRACES it shows unclaimed. Also on form 16A is showing unmatched.

we have downloaded consolidated fvu, it showning challan mismatch in red color.

I have checked challans, all challan are ok, every detail is correct on challan and properly filed in return.

We are not able to find the mismatch. Please help to find out where is mismatch so that we can file correction statement.



Anonymous

I joined my articles in feb. I posted the required forms in the same month. The articles registration letter was not recieved nor it was updated in the online. Pls help


CA. Naveen Jain
12 June 2013 at 10:49

Taxability of stridhan

Sir, Jewellery sold by a lady of Rs. 28 Lacs in cash from its stridhan then this cash was deposited in her Husband's bank account.

Pls guide what will be the tax implications for this transactions. & how will we overcome that





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