Sushant Mahajan
This Query has 7 replies

This Query has 7 replies

If a society is carrying on charitable activities of education institutions and is approved u/c 10(23C) and the following defects are found in the return after the scrutiny u/s 142 started:

1) On some expenses TDS was not deducted
2) Payments were made which were ineligible as deduction due to 40(A)(3) dis allowance.

Since, the entire income is exempt under section 10(23C), will any tax be leviable on these amounts or not?

Please reply. Its very urgent.




Sushant Mahajan
This Query has 7 replies

This Query has 7 replies

If a society is carrying on charitable activities of education institutions and is approved u/c 10(23C) and the following defects are found in the return after the scrutiny u/s 142 started:

1) On some expenses TDS was not deducted
2) Payments were made which were ineligible as deduction due to 40(A)(3) dis allowance.

Since, the entire income is exempt under section 10(23C), will any tax be leviable on these amounts or not?

Please reply. Its very urgent.




Shajan Varghese
This Query has 1 replies

This Query has 1 replies

Hello, Purchase and Installation of Genset, quite a huge one. Do we need to deduct 2% TDS ? Price is a single quote for purchase and installation of Genset. Installation is included in the purchase price. Thanks.



Anonymous
This Query has 3 replies

This Query has 3 replies

31 October 2013 at 17:20

Passing criteria for units in ipce

hi..

one of my friend had appeared in UNIT 8 of IPCE MAY 13(COST & FM, TAX, IT SM)and got exemption in IT & SM, but failed n unit.
I want to confirm that what is the passing criteria for the rest of the papers??

Shall he have to pass with the balance aggregate marks required to complete 150 marks in that unit or he have to obtain any independent marks without considering exemption?



Anonymous
This Query has 2 replies

This Query has 2 replies

31 October 2013 at 16:32

About sip programme

Dear Sir/Madam

I would like to know whether it is compulsory to complete the sip programme before taking up the CS executive exammination.


GIRISH SUDHAKAR PARWATKAR
This Query has 2 replies

This Query has 2 replies

31 October 2013 at 16:01

About roc agm

PLEASE GUIDE ME FOR THE AGM. WHAT IS THE DATE OF FIRST AGM, IF THE COMPANY'S INCORPORATION DATE IS 7.6.13 AND OTHER COMPANY 16.07.13 AND ANOTHER ONE 25.5.13.

PLEASE GUIDE AS THE 23B SHOULD BE SUBMITTED FOR THE ABOVE THREE COMPANIES.


Bhumika Thakur
This Query has 2 replies

This Query has 2 replies

31 October 2013 at 14:00

How to get better job in finance

I want to know that which course is benificial for me after CA so that i can make good career in finance because i don't have any work experience in finance in my articleship period . Plz suggest which course I should choose to excel in finance .



Anonymous
This Query has 3 replies

This Query has 3 replies

hellow sir,
i m apply compnay regirstration.of sukhsagar publication pvt ltd. but how i know sukhsagar is not registerd in india so kindly help me to provide web site name then i check that comapny is abailalbe or not
pls help me its very argent...

thanking you

kamlesh joshi


vipin
This Query has 1 replies

This Query has 1 replies

31 October 2013 at 12:00

Employees contribution to esi

If wages for sept is 14000
But in Oct Salary Increase to 15500

whether mandatory to deduct ESI as his salary more than 15000 limit

second thing
whether monthly bonus depend on sale in consider for calculating gross salary



Anonymous
This Query has 4 replies

This Query has 4 replies

31 October 2013 at 10:17

15ca & 15cb

Dear Sir,

Our Question is 15CA & 15CB Required for selected 28 Items or not

and 15CA & 15CB apply on Foreign payment (Foreign Publishers, Non-Taxable Books in India,Foreign Journals & Subscription).We have no pay tax on Import books.

Kindly clear the above said question .we are very thankfull to you

Sanjay






CCI Pro



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