Mehul B. Maniar
23 May 2013 at 11:44

How to learn tally from basic

Hello,

Can anybody help me that How can i learn tally from basic to advance features?

Regards,
Mehul B. Maniar


Rachit Puri
23 May 2013 at 11:43

Items for tax deduction

Hi
I want to know which items can I declare for getting extra tax saving benefit.
At present, I have already declared Insurance Premium, Education Loan Interest, National Tax Saving Bonds.
I heard I can do extra savings for Uniforms, Telephone Expenses and medical expenses?
Can someone please help me and give me details what kind of changes I need in my salary structure in terms of allowances.
Also, are there any more such items for which I can gain some benefit.

Regards
Rachit


Sreeram
23 May 2013 at 11:43

Applicability of service tax

One of our clients refers students to an University in Australia by sending all the student details as required by the University and gets commission from the University if it accepts the student. Is service tax applicable to them?


Prashant
23 May 2013 at 11:40

Sec 139(2)(b) of company bill 2012

Dear Sir,
When it would we said that Auditor has completed his term.
Section said,"an individual auditor who has completed his term under clause (a) shall
not be eligible for re-appointment as auditor in the same company for five years
from the completion of his term."



Anonymous
23 May 2013 at 11:35

Depreciation

While constructing a new shop building,
1. electric wires, cables, fittings etc. will form part of building or part of furniture or fitting?
2. Ducting work for air coolers and air cooler itself will form part of building or part of plant and machinery?
please help me with details.



Anonymous
23 May 2013 at 11:30

Submission of 109 form

I FILLED 109 FORM ON 25/04/2013,MY ARTICLES JOINING DATE WAS 26/04/2012.IF I SEND THE FORM 109 TODAY(23/05/2013) what are all the consequenses. i will be thankful to all who gives me reply.



Anonymous
23 May 2013 at 11:27

Sale of property by nri

Mr. A – has a property in India which was purchased by him in March 1992 @ Rs. 5.21 Lacs. Now he is UK Resident aged around 80 Years. Now he want to sell the property but cant travel to India. He is willing to sell the property @ Rs 1.68 Crores.

Option 1
If Mr. A authorized one person in India through POA to sell the property & that POA Holder sells the property @ 1.68 Crores. If money is paid to POA Holders account as mentioned in POA. Then who will be liable for Capital gain. Seller who is there in UK or POA Holder & what will be tax amount & its calculation.

Option 2
If Mr. A personally visits to India & sells the property then how the payment can be done to him as he don’t have any account in India. Can the purchaser make the payment in his foreign bank account . Is that allowed under FEMA / FERA. What will be tax implication & tax calculation.

Option 3
If Mr. A not coming to India & sells the property through POA Holder @ 1.68 Crores but the payment is not done to POA Holder. Can the purchaser makes the payment to Mr. A’s Foreign Bank Account. Is that allowed under FEMA/ FERA. What will be tax implication & who will be liable to pay tax & where. What will be tax calculation.

Regards.

Satyam


kartik kumar panda
23 May 2013 at 11:19

Journal entry

Please suggest I am wrongly booking Rs 2600/- towards double expenditure of house rent in F.Y 2011-12 ( 2 times j.V passed) but in F.Y 2012-13 I know the expenditure wrongly booked . Can I cerdited the above debited expenditure a/c head in 2012-13



Anonymous
23 May 2013 at 10:45

Guidance.

I got a notice under section 143(1), for arrear demand of Rs. 494 for the assessment year 2008-2009, even after my tax liability was zero, so I gave an application to the concerned A.O., with all the supporting documents, so they made the correction accordingly in the system on dtd. 29/04/2013 and as a proof they gave me the rectification order in which the tax demand is shown zero, but even today it is not modified in the outstanding tax demand which is last modified on dtd. 21/05/2013, shown on the income tax department website in my account, so please give me guidance about this.


Mekhala
23 May 2013 at 10:43

Tds on freight

I have paid a freght of RS 260764/- by cheque . Transporter has provided me the pan card details, i checked the validity of the pan it is a valid pan. But i have not deducted any tds. Am i liable to deduct the tds? i am confused...as the p rovision was if the transporter provides the pan detials the tds need not be deducted...but theere exists the thress limit of 30000/- for single payment and 75000/- the the per annum payment...what to do?





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