It is mandetory from 1st of April, 2008 to pay tax on line. But in first week of April,2008 we have paid tax in bank via challan. Bank also accepted the same.
Will it create a problem in future assessment or it is valid? Please guide.

Is is possible to apply PAN for minor?

can we apply it or not

CAN SOMEONE HELP WITH ADVICE ON THE BELOW.

(I)If TDS recovered from

(a) Salries
(b) Consultacny paid
(c) Rent
(d) Contractors payments
(e) Interest paid

during Apr07-Feb 08 is not paid before March 31 st, 2008, will the expenditure be disallowed for the purpose of IT computation.

(II) If PF recoveries/ contributions recovered from salaries pertaining to Apr07-Mar 08 are not paid before March 31,08 , what will be the impact.

(III) If fringe benefit tax pertaining to the period Apr07-Mar 08 is not paid before 31st march'08 , what will be the impact.

if the financial year closed 2007-08 and bill received for the month of March-08 as on 08.04.2008. bill of courier.

in such case the entry is

postage & courior A/c Dr

To expenses payable

To TDS on contractor

entry for next year

expenses payable a/c dr.

To XYZ

is it right.

what is the rate of TDS deducted to catering bill. is it contractor?

Is TDS on BONUS & LEAVE PAY deducted only if it is paid ?

Kindly quote relevant Section/Rule.

Thanks.

How many states effective with Professional Tax, what is the forms/procedure/rates/returns in professional tax in India.

Dear Friends,

Can any one tell me about surcharge marignial relief and what is the basic to calculate the surcharge marginal relief.


Thanks in advance.

Regards,
Sekhar Dasari

1) Should the company which collects Forms 15G and 15H submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected


OR


one should submit the FORMS COLLECTED itself in physical form?



2)IF form itself is submited in physical form, does the company have to submit BOTH the forms collected to the IT department


OR


the company keeps one and submits the other to IT department?


3)When is the last date for submission of the forms/details to IT department?


4)Please confirm Whether :


Form 15H is for interest OTHER THAN INTEREST ON SECURITIES receivable BY SENIOR CITIZENS


and


Form 15 G is for INTEREST ON SECURITIES BY ALL including senior citizen.

Assessee purchased DVD writer for Rs.1450/- for upgradation in technology by repalcing old CD Writer whether it is capital / revenue exp?
Also he upgraded Tally 7.2 software to Tally 9 whether this is cap or revenue exp