My auditor pays stipend through cash, because he is ignorant that it is to be paid through account payee cheques only.
When I said this, he said he is ignorant and promised to pay by cheques from then onwards.
ICAI asked me to furnish 1)Form 102 2) attendance sheet and 3) stipend proof, to register my articles which was pending with ICAI.
After sending the post with said enclosures (for stipend proof I enclosed internal vouchers), I received the same letter again from ICAI asking me to furnish the same again.
But as per the speed post tracking tool I came to know that my post has been received by ICAI.
I sent the tracking details and informed that I have already sent the asked particulars which reached your office.
Then a call arrived form an official of ICAI to scan my bank pass book details(as it is mandatory to pay the stipend only through account payee cheques)and send mail, for furthur registering my articles, which I dont have as my auditor pays me by cash.
Please guide me on this, how I should go forward.
Eagerly waiting for your esteemed sujjestions
Thanks in advance

I AM A CA FINALIST. I EARNED 2000 P.M AS STIPEND FROM MY ARTICLE SHIP . I HAD NO OTHER INCOME. IS IT BETTER TO FILE ITR FOR FUTURE BENEFIT.

Is stamp duty and registration charges paid for the purchase of "LAND" eligible for exemption u/s 80C ?

Dear Friends and Respected member(CACLUBIINDIA.com)


Please suggest me whether Impairment Loss is a timing Difference?.Please present convincing reason for your views.

Thanking you



Ajay Panchariya

Respected Sir,I want to know the process of factory accounts.
I have an interview in a food processing unit for the post of an accounts executive in factory. The co use tally software. the main roll is to maintains daily purchase,sale & stock.So please help me how those used by tally with example.
Pl help me it as soon as possible
Regards Supratim Ghosh.

DEAR SIR,

IS THIS DISCONTINUE TO DOWNLOAD ABOVE FORM FROM NSDL WEBSITE ?

PL CONFIRM

I AM IN MY FIRST YEAR OF ARTICLESHIP.I WISH TO TAKE TRANSFER.SO IS IT NECESSARY TO FIRST OBTAIN ICAI CONSENT AND THEN SUBMIT FORM 109
BECOZ IN FIRST YEAR TRANSFER IS PERMITTED WITOUT ANY RESTRICTIONS?

Father have a property in which son is the nominee. after death of father the property becomes to son.

Question:
1) what is the period of holding..
date will be caclulated from when.
2) what will be the cost of acquition in the hands of son as on today.

Please suggest and mention the section also.

Thanking You
Madan Mohan Mishra

my mother have two fd of Rs 100000 each. the bank has deducted tds @ 20 % on interest on fdr as PAN is not avalable with bank in march 2011 and tds return is also filed by bank of same quarter without considering my mother PAN.

the whole facts came to our knowledge today as we are assuming that tds is deducted in sepember 2012 i.e at the maturity of these Fdr

Please specify the procedure to resolve this issue

We have deducted TDS on the interest paid on FDR to the Co-Operative Bank and also remitted to Income tax department.

However later on we understood that as per the provision of section 194(A) of Income tax Act 1961 that any amount paid to the banking company or co-operative society engaged in the business of the banking company provisions of clause no. 1 of section 194(A) is not applicable.

Kindly provide us the procedure/clarification for claming the TDS deducted wrongly and remitted to the Income Tax Department.

Your early feedback will be highly appreciated and thankful


Regards
CA Nitesh Swami