Dear

Suppose I made a payment of Rs 5000/- which comes under 194j and did not deducted TDS because it was under threshold limit of Rs 30000/. Later i made a payment of rs 28000 to same party and deducted rs 2800 as TDS but forgot to deduct tds of previous payment. Please tell the solution. Yhanks in advance for you solutions

Dear experts,
plz let me know the difference between the commercial and industrial,

plz reply

Dear Experts, I want to file the return of partnership firm. So my is that the Income tax refund is received during fy 2014-15 of previous years ie 2012-13 also there are some tds receivables entries , during the fy 2014-15 i also paid some advance tax. so my question is that the income tax refund which is received , can we adjusted with tds receivables or not ??? kindly note that i also want to make a provision for the advance tax... so pls provide the journal entries regarding this situation!!!

Dear experts,
please tell me what's the means of CSR


plz reply.......

i am ipcc student..........in icai practise manual capital budjeting......while doing cash inflows .......in one year ..loss (1300000) is came......actually tax sheild of (6.5 )lakh is duductable......but in practise manual ...tax sheild is given nil......please answer in practise manual it is 12th quesion in fm please answer

9. A company manufactures a product currently utilizing 80% capacity with a turnover of 32000 units at a selling price of Rs: 25 per unit. The variable
cost of the product is Rs: l7.S per unit. Fixed cost amounts to Rs: 1 50000 up to 80% of level of output and there will be an additional cost of a
supervisor amounting to Rs: 20000 beyond that level. Calculate Activity level (96) at break-even point.

4. A Company is planning to raise funds by making rights issue of equity shares to finance its expansion. The existing equity share capital of the
company is Rs. 10000000. The market value of its share is Rs. 67. The company offers to its shareholders the right to buy 2 shares at Rs. 20 each
for every 5 shares held. You are required to calculate the value of rights.

compute the purchases eligible for availing input tax credit from the following particulars: goods for resale within the state Rs 14000/- capital gods required for the purpose of the manufacture or resale of taxable goods Rs. 17000. Goods purchased from the unregistered dealer Rs. 3200/-. Goods which are being utilized in the manufacture for exwmpted goods Rs. 6600. High sea purchases Rs. 2700.

Upto when cs professional revaluation result is declared

Respected Sir
if a charitable trust is apply for 80 G certificate and its financial year is ended before the 80G certificate received then income of financial year exempted under which section ?

waiting for your reply

your
student