Dear All
Please Clarify

A proprietary concern(Assume a CA ) was liable for tax audit for A Y 2011-12 and A Y 2012 13.
After increase in Audit limit the firm has no tax audit in last A.Y.
Please tell me whether the prop firm is Liable to deduct TDS in the next financial years

Sir,
Please read the case as below,
One person has been nominated as an Independent Director of a Govt Company by the concern State Govt. That very person has been a Supplier of various goods as well as buyer of products from the same Company for a long time. Further, the said person has also been made a member of the Audit Committee by the Board. To the best of my knowledge, person having pecuniary relation with a company can not hold such position.
May I know your take on the subject and some more insight to this type of a situation. Is it legally tenable, as far as the new Company's Act is concern.
Thanking you,
Yours truly,
Amitabh Barooa
+919435048010

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CA Rupesh Agrawal

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Its matter of April 2010

Please guide

Bank has debited twice in our account towards payment of tax for same amount however we received only one challan against two debit. Surprisingly second amount debited by bank towards SA tax but not appearing in 26AS Tax credit statement. Not able to trace where amount is lying .Now we are making follow up with bank and Income tax.


Please guide