If an audit report(3CB-3CD) was filed but in the attachments, for balance sheet and Profit and loss A/c only 1 page each for both was uploaded without any annexures.

Are there any consequences of filing revised Audit report just to correct the mistake in these attachments?

Please reply. Its very urgent.

Can any one say me. What is criteria for not charging depreciation on building, whereas building is an depreciable item and AO will charge depreciation whether assesee charges or not. If assesse charges depreciation on building then it will be STCG u/s 50 otherwise LT on sale of building and consequent ly it will be exempt. assessed is company so u have to keep in companies Act also.

what is the definition of Transporter for TDS u/s 194c

I am in retail trading business with a turnover around 25 lacs per year.

My firm is partnership firm.

I am not declaring my income 8% of gross receipts.

So please let me know Sec 44AD & audit is applicable for me or not.

Regards
Amit Kumar
delhi009@yahoo.co.in

i have purchase plate rs. 900000 and agreement rs. 245000 in may 2012
and sale this flat may 2013 rs. 1025000 and agreement rs. 265000 my query is
what my capital gain ?

Hi Experts,

As we deal the various foreign client, we have a substantial amount of foreign withholding tax in our account. My question is that can we treat this entire amount as expenditure in sted of carrying it under Withholding tax category? Is there any other treatment that we can do with it? As per my understanding like the domestic withholding tax it is not refunded and if we are incurring loss we can't adjust the foreign with holding tax.Please help me. It urgent!!

Thanks

A company is engaged in agricultural activities on a land which was not within the municipal limits till AY 2013-14. Now the land has been included in Municipal Limits w.e.f. 01st May 2013. Would there be any wealth tax on such land now?

Also please suggest whether the agricultural income on such land would be exempt or not from Income Tax now?

In my income tax return i have demanded credit of tax and refund as per my 26as but as at that time few deductions of tax were not showing in my 26as but is now available. How can I demand balance amount of tds as refund.

Hi..
Please tell me, if advance tax of a company is paid in less and the remaining amount has been paid with next payment of advance tax. will there be any penality for that, if yes in what percentage? And what will be the entry for that?? Above that after completing all installments of advance tax in March, what the procedure is to be followed and how it will look like in tally entries. I mean if we are making all the tax in advance then what will be the entry in the last quarter, how to close it??

Dear Sir,

Kindly clarify the below one:
The text of Rule 37B

If the sum chargeable to tax (including interest and salary) is remitted to NR or foreign company which does not exceed Rs. 50,000 per transaction and the aggregate of such payment during the financial year does not exceed Rs. 2,50,000 then form 15CB is not required to be furnished, but need to furnish Form 15CA

Can it be said that if its reimbursement,no form 15CB is required