CAclubindia

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HARSH KUMAR BHARDWAJ says : Termination of Articleship
My friend Is doing CA Articleship in Chandigarh and lives in PG on rent of Rs.7000 (including conveyance and food and all necessities) in Chandigarh but his actual residence is in Gobindgarh which at a distance of about 53 or 54 km from Chandigarh. His father has a shop of confectionery but now from the past few months the income of his father is converted to loss. He and his family are now suffering financial crises due to which he is now unable to pay his rent of PG. His is on stipend and his family is paying all his expenses. Now he wants to take termination and to do some job so that he can makes himself and his family financially stable. Is there any provision in ICAI for this situation so that he can overcome from this situation?

HARSH KUMAR BHARDWAJ says : Termination of Articleship
My friend Is doing CA Articleship in Chandigarh and lives in PG on rent of Rs.7000 (including conveyance and food and all necessities) in Chandigarh but his actual residence is in Gobindgarh which at a distance of about 53 or 54 km from Chandigarh. His father has a shop of confectionery but now from the past few months the income of his father is converted to loss. He and his family are now suffering financial crises due to which he is now unable to pay his rent of PG. His is on stipend and his family is paying all his expenses. Now he wants to take termination and to do some job so that he can makes himself and his family financially stable. Is there any provision in ICAI for this situation so that he can overcome from this situation?

Ratul Goswami says : Sec 44AD
Assesse has supply business. if presumptive income more than 8% declared u/s Sec.44AD, Is it necessary to fill up the information in the ITR form under the Head "In a case where books of accounts of business or profession are not maintained"

HARI PRASAD says : SERVICE TAX
Dear sir, is it charging int on service tax has any thresh hold limit thereby assesses can extend their due dates from 5th to 25 th ? if so, let me know because i want to calculate the interest. Ia m in doubt whether to consider 5th or 25th for the payment of service tax I have heard about thresh hold limits were given by assesses with respect to payment of service tax. Read more at: http://www.caclubindia.com/experts/modify_message.asp?entry_id=789537

prateek says : Process of remittance
lease guide me is it possible to claim exemption u/s 54F for purchase of property outside India by a NRI. Further please let me know the process of remittance of Actual Cost + Capital Gain outside India.Will it be done through Form 15CA and 15CB