Poonawalla fincorps
Poonawalla fincorps


Nehas
07 March 2009 at 20:17

Articleships is just a hell in CA

Hello to all
I just came here only let u all meet CA's in other parts of world. I m an articleship student & i m regularly to my articleship training. But the main problem faced by many articles today is that they dont get enough time to study & get passed in 1st attempt of any CA exam just b coz of this articleships training as u all may b familiar with the problems given by principle to agent like
1.No time management i.e as agent comes at time he principle should leave him at time .
2.Calling on sundys also even if no work is there or say just calling to do work as it is not compulsion as only 35 hrs in week given to work are sufficient.
3.The problems faced due to employess in office but principle never takes agent sides as agent is not trained well & employees have experience.
4.Due to this students go into work so much that they dont ecen remember what study they have done.
Now u can guess this problem is so serious & is the only main reason why people gets failed
Can we complain about the same to any forum, Act, Institute but not mentoaning the name of CA?
If yes & most if u have humanity & want INDIA to give more bright shining CA stars then do come forward.
Thank u all in advance to read this
Please your useful comments are needed


sunil butaney
07 March 2009 at 19:39

GIFT TO HUF

CAN AB & SONS (HUF) HAVING 'A' AS KARTA OF HUF RECEIVE A GIFT OF RS. 5.00 LAC FROM HIS BROTHER B. IS BROTHER OF KARTA COVERED UNDER THE DEFINATION OF RELATIVE. PLEASE CLARIFY. THANKS. SUNIL BUTANEY.


Y@$#u
07 March 2009 at 19:33

taxation

wat services falls under small service providers.. wat if m running a coaching institute with less than 9 lakhs turnover... will it fall under small service providers.... is it taxable or exempted...????


Rohan

If anyone has any case-law regarding Remission or cessation of trading liability (Sec 41(1) of Income tax act), kindly forward or give its citation.


CA Abhishek Singh
07 March 2009 at 19:27

set off & carry forward of losses

dear all
one of our client had filed the it return of a.y 07-08 before due date & a stc loss was carried forward to adjust with future income.
he did not file the a.y 08-09 return before due date.

can he set it off with current year income as he has filed last years return before the due date?


A RAMA SARMA
07 March 2009 at 19:01

TDS on Sitting Fee

Dear All ,

Pl let me know the Income Tax Circular / Notification number, if any , which supports TDS on sitting fees has to be deducted U/s 194 J.

Advance thanks .


Rajendra

Husband & Wife are co-owners of the property purchased thru Home Loan. Both the persons are working and Home loan is taken jointly. Will the limit of Rs. 1,50,000 apply individualy to both of them ( i.e Total deduction will be Rs.3,00,000) or will the total deduction restricted to Rs. 1,50,000.


Rajendra

Husband & Wife are co-owners of the property purchased thru Home Loan. Both the persons are working and Home loan is taken jointly. Will the limit of Rs. 1,50,000 apply individualy to both of them ( i.e Total deduction will be Rs.3,00,000) or will the total deduction restricted to Rs. 1,50,000.


VINAYAK D PRABHU
07 March 2009 at 18:46

PROFESSIONAL TAX

REVISED RULES


ANURAG SARDA
07 March 2009 at 18:37

degree of goods

generally w.e.f from 25.02.2009 excise rate is 8.24% but there is some degree of goods on which excise is less than above % can u tell me on what degree of goods it is available.

reply me as early u can.