Dear expert,
I had filed 26Q return for 4th quarter on 25-04-2012 and downloaded the form 16A on 30-04-2012 for the same from TIN website. On 2-5-2012, I received email for defaults.
Therefore on 24-5-2012 I had filed revised return,which have been accepted by tin on 26-05-2012 and on 28-5-2012, again downloaded the form 16A. However those form 16A were showing old amounts as shown in the original returns and also still the date of updation on them is 28-4-2012.
Please advise me.

Hi
want to know how many amendments we have to study for nov 2012 c.a final direct tax exam...I have given exams in may 2012...bt may b not cleared...so want to know amendments from oct 2011 to april 2012...so that i can start my study according to that updation...please reply..

Thanks

I had a doubt regarding practical issue concerning bonus. It has remained unresolved since year 2008. Below is link to the post :



https://www.caclubindia.com/experts/bonus-provision-practical-issues-27021.asp



The experts who tried to respond to query have not replied to my further question based on their reply.



I request someone to please resolve the query.


Kindly note that in the above case bonus liability booked is ACTUAL bonus payable to employees. The entry is similar to salary payable on which TDS is deducted.


Thanks.

I GOT NOTICE UNDER SECTION 143(1) DEMANDING TAX TO BE PAID NEARLY ABOUT 69000. THE PARTICULARS OF NOTICE REVEALED AN INCREASE OF BUSINESS INCOME BY 50000 AND TDS DEDUCTED BY ME IS NOT DEDUCTED BY DEPARTMENT IN NOTICE HOWEVER TDS APPEARS IN 26AS UNDER SECTION 194H PLZ HELP ME OUT HOW TO KNOW IN DETAIL WHY DEPARTMENT HAS INCREASED INCOME BY RS 50000.AND WHY DISAALOWED TDS .

Respected Sir,

What is cash transaction limit in case of trust?
if it is more than Rs.20,000?


Thank you in advance

Expenditure of a financial year accounted for in next financial year would be allowed for deduction in income tax in next financial year or not ?
Case.
Bill date 12 march 12
material received = 12 march 12
accounted for 4 april 12

would it be allowed in FY 12-13 ?

Dear Experts,

As per Budget 2012 there is a new exemption provided for Preventive Health Checkup upto Rs.5000/-.

My query is:-
1. Is it over and above Rs.15000/- u/s 80D or it is within Rs.15000/-?
2. Is there any specific Health Chekups to claim this exemption on all health checkups are covered under this?

Thanks in advance.

Can anyone please clarify at what rate the TDS on Directors's remuneration be applicable?

What are the benefits to create holding subsidiary relationship?
If we want to incorporate three companies then which option will be better from income tax and funds point of view
(i) making holding & subsidiary relationship.
(ii) making independent companies.

I am not filing Salary I.T return for the F.Y 2010-11 and want to file now. What will be the consequnces in both cases if there no rufund & if there is refund. Pls guide.