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Recent Questions

Question added Aug 04, 2014 Service Tax By jitendra Kumar sharma , Begusarai

answers

806 views

Q. Whether Service tax is liable on crushing charge of boulders done on behalf of other person - A company is engaged in crushing of boulders into stones on behalf of other person. The stones are used in Road Construction Work. Whether, service tax is liable on crushing Charge of boulders. if yes, in which category of service, it will fall.

Question added Aug 04, 2014 Custom By GIRISH MITTAL , CA

answers

532 views

Q. IMPORT DUTY - IMPORT DUTY RATE ON LATEX EXAMINATION GLOVES FROM MALAYSIA ?

WHAT IS FORM 1A IN THIS MATTER

Question added Aug 03, 2014 Income Tax By SUNIL AGRAWAL , CA , Raigarh

answers

505 views

Q. income tax - I would like to know "whether TDS applicable on payment of Interest on Car Loan to private finance co. ie. cholamandalam DBS finance co. / magma Finance co. etc. ?"
If YES, let me infrom under which Section / Sub-section / Clause / Sub- clause / Notification / Circular, it has to be done? if we had not deducted tds. what treatment will be done.

Anwered By : AKHIL MAHESHWARI

Question added Aug 02, 2014 Corporate Law By MANOJ KUMAR AGGARWAL , CA

answers

336 views

Q. filing roc form - i am filing roc form inc-7 form upload but SRN and challa not generate.what i do

Question added Aug 02, 2014 Income Tax By ANIL KUMAR KHATTER , CA , JALANDHAR

answers

421 views

Q. INCOME TAX RETURN - WHILE REGISTERING MY DSC ON THE INCOME TAX SITE, EVERY TIME GETTING A MESSAGE...YOUR SECURITY SETTINGS HAVE BLOCKED A SELF SIGNED APPLICATION FROM RUNNING.... THIS IS HAPPENING TO ALMOST ALL THE PERSONS ON DIFFERENT COMPUTERS/LAPTOPS. KINDLY CLARIFY

Anwered By : May I Help You. May I Help You.

Question added Aug 02, 2014 Banking By ANIL KUMAR KHATTER , CA , JALANDHAR

answers

538 views

Q. BANKING - WHICH INTEREST RATE IS BETTER AND WHY---9.15% P.A. FOR 365 DAYS OR 9.15% FOR 444 DAYS

Anwered By : AKHIL MAHESHWARI

Question added Aug 02, 2014 Income Tax By CA. DINESH MAHESHWARI , CA , Surat

answers

416 views

Q. Interest on Home loan - Capilised ? - Can the interest paid on housing loan be also added to the cost of acquisition of the property while calculating the capital gains?

Anwered By : shankygarg

Question added Aug 02, 2014 Accounts By deepak , CA , Khurja

answers

467 views

Q. Goods Sold on Approval basis - How to journalize Goods sold on Approval basis

Anwered By : AKHIL MAHESHWARI

Question added Aug 02, 2014 Income Tax By dinesh k. jangid

answers

395 views

Q. Applicability of Section 56(2)(vii)(b) - : "A" is a member of co operative housing society . he has paid in cash rs 48000 to the society for the allotment ( purchase) of residential plot in June 2012. he was issued allotment letter with plot no and given possession of the plot.The stamp duty valuation of the property is now 19 lacs and the registration is taking place as on today i.e. after the applicability of sec 56(2) (vii) of teh Income tax act which states that " receiving" any immovable proerty at a value less than stamp duty valuation, the difference in value will be treated as income from other sources." my querry is that whether allotment letter amount to the receiving of the property and the date of registration is not relevant for the purpose of above section. since the original payment is made in cash to society , the transaction is not covered by explanation. please advice about the applicability of sec 56 2 vii of the act on this transaction. thanks and regards

Anwered By : AKHIL MAHESHWARI

Question added Aug 02, 2014 Excise By Manish Kr.

answers

492 views

Q. Rejections from SEZs - DTA received rejections from SEZ units on challans.

Q1: Whether duty payable after rejections since goods are removed from Factory?

Q2: In case the goods are to be sent back to SEZ after re processing, whether they need to sent under the Challan or ARE 1?

Anwered By : AKHIL MAHESHWARI

Question added Aug 01, 2014 Accounts By deepak , CA , Khurja

answers

431 views

Q. accounts - what is the different between inventory and stock

Anwered By : shankygarg

Question added Jul 31, 2014 Income Tax By krishna , Delhi

answers

320 views

Q. ESI - Whether Interest paid on Late deposit of ESI will be disallowed or Not.

Anwered By : shankygarg

Question added Jul 29, 2014 Income Tax By DLS , CA , Jaipur

answers

323 views

Q. Carry Forward of Losses - One of my collegue suffered losses in trading of shares in FY2012, which were claimed by him in the ITR of that year and accordingly, the losses were carry forward. In the ITR of AY 2013-14, he forgot to carry forward the losses and filled his ITR. There was a refund payable to him in that ITR. The refund was assessed and was accordingly paid. Now, in the ITR of current year he wants to carry forward that Loss. Can he do this?

Question added Jul 29, 2014 Income Tax By SONAM AGARWAL , CA , Guwahati

answers

357 views

Q. Income Tax - Is It necessary to e file return for those claiming deduction u/s 80 IB even if net assessable income is below 10 lacs?

Anwered By : AKHIL MAHESHWARI

Question added Jul 28, 2014 Income Tax By ambuj , CA , Jabalpur

answers

370 views

Q. interest on penalty - whether interest on penalty is allowed in u/s 37(1) or not?

Anwered By : shankygarg

Question added Jul 26, 2014 Income Tax By SHAH HARDIK R , CA , Ahmedabad

answers

272 views

Q. relief under it act - Can you explain in details relief under income tax under section 86,89,90 of income tax act

Question added Jul 23, 2014 Students By anilca

answers

1442 views

Q. about direct ipcc after tybcom - hi sir i hav reently appeared ty of two sem 5&6. so on which basis will my % be calculated for direct entry scheme for ipcc. as the university are giving grade on sem6 marksheet of average of 13 14 15. will i will be eligble to appear ty on the marks of sem5 & 6. or average of 13 14 15 will be counted plzzz do rply

Anwered By : AKHIL MAHESHWARI

Question added Jul 23, 2014 Income Tax By Anuj Agrawal , Kanpur

answers

482 views

Q. tax on salary - if an assessee is resident in India and received salary for 8 month in India n for rest month he went to USA for employent and recd 3 month salary there.what will the tax implication in such case?? n if salary is paid in usa after deduction of tds then hw assessee will able to take the refund. please guide.

Question added Jul 23, 2014 VAT By himani , Delhi

answers

543 views

Q. sales tax - Iam selling on online site can any one tell me what is the vat and sales tax provision for this

Question added Jul 22, 2014 Audit By harsha tripathi , CA , Jodhpur

answers

505 views

Q. registration of partnership firm - a running proprietership firm wants to convert into partnership firm which form is require to fill at ICAI

Question added Jul 22, 2014 Students By harsha tripathi , CA , Jodhpur

answers

580 views

Q. articleship - if a ca student join articlship on 23 oct 2013 & want to get transfer on 26 july 2014 and rejoin articleship on 1st week september then how much time he is require to extend for his articlship

Question added Jul 21, 2014 Income Tax By CA Joravar Singh , CA , S.A.S. Nagar

answers

266 views

Q. ITR4 - Could you please provide me the ITR4 for the AY 2014-13 in excell format?

Anwered By : shankygarg

Question added Jul 18, 2014 Income Tax By CA Shraddha Vora , CA , Mumbai

answers

411 views

Q. Taxability of Advance for Transfer of a Capital Asset - Sec 51 earlier provides that any advance received or retained and forfeited in future shall be reduced from the cost of acquisition. Now that advance is no more necessary to reduce from cost and it has to be shown as the income under other sources us 56 in the previous year. As per the language of the law these amendments will take effect from 1st April 2015 and will apply accordingly in relation to A.Y. 2015-16. Facts of the Case Since the assessee entered into the memorandum of understanding on 20th march 2014, total sales consideration was Rs. 1,90,00,00, Advance received Rs. 35,00,000 on 130314 and 40,00,000 on 050514 and balance consideration to be received before 301114 otherwise the advance will be forfeited. So in case of forfeiture, how much advance need to be reversed in order to avoid tax. Please give your valuable suggestions

Anwered By : shankygarg

Question added Jul 18, 2014 Corporate Law By suja , CA , kollam

answers

370 views

Q. MOA - Can anyone please share an example of moa and aoa for an ecommerce website dealing in apparels,accessories and shoes.

Experts Panelist

Rambabu Senkarasetti

Accounts, Audit, Corporate Law, Finance, Income Tax, Service Tax, Students, VAT

Answers Posted : 409

CA Satuti Mahajan

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 291

Vikash Kumar Jha

Accounts, Audit, Banking, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 270

Rishabh Upadhyay

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 257

Ashish Karundia

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, Income Tax, Service Tax, Students, VAT

Answers Posted : 257

Mrattunjay

Accounts, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 220

PRIYANKA

Accounts, Audit, Corporate Law, Excise, Finance, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 136

CA. SURESH Kr. AGARWAL

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 131

Vaneet Gupta

Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT

Answers Posted : 120

Ketan Samdani

Accounts, Audit, Corporate Law, Excise, Finance, GST, Income Tax, Service Tax, Students, VAT

Answers Posted : 117

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