DEAR EXPERT,

OUR CLIENT IS PARTNERSHIP FIRM FORMED IN DEC 2010. THERE ARE TWO PARTNERS Y AND S.
Y S SHARE IS 70% AND Ss SHARE IS 30%. CAPITAL INTROUCED BY 70000 AND 30000 RESPECTIVELY.

S HAS NOT CONTRIBUTED ANYTHING EXCEPT RS 30000. ALL THE EXPENSES MADE BY Y FROM HIS PERSONAL CASH.

NOW THEY WANT TO DISSOLVE THE FIRM.
HOW TO SETTLE THE ACCOUNTS.?
I HAVE PREPARED THE BALANCE SHEET AS ON 30/08/2011, AND DIFFERENCE BETWEEN CAPITAL ACCOUNT BALANCE OF Y AND S, S HAS TO PAY IT TO Y.ALL OUTSTANDING LIABILITIES BOTH THE PARTNERS HAS TO BRING CASH IN THEIR PSR.

AM I ON THE RIGHT TRACK<
PLZ SUGGEST

My mother made a capital gain few days back.
a) Is it safe if she made investment in physical form of gold/silver. Or is it safer to invest in Gold Bonds.

b) How to show this investment(if physical) in IT Return each year?

Please Guied me About Providend fund scheme.
My Company refuse to give me My PF No.
Is there any other alternative to trace my PF number?? I have visited regional Websites of Pune and thane,also visited nasik office of PF....but unable to trace the number.How to know the balance of PF account..,how to know the claim status....I have claim the pf amount with last employer....but not received yet PF claim....what is the time limit for refund of PF amount..and how to trace number??? please guide me on this matter
AS EARLY AS POSSIBLE....PLEASE ITS URGENT.....

Hello Sir,

When i paid self assessment tax to my brother, wrongly i mentioned his company PAN number in lieu of his number. But, before filing return i found that mistake and went to bank for rectification. But, bank authorities were denied my request for refund. They were asked me to write a requisition letter, to transfer the tax amount were paid wrongly to appropriate PAN number. I have given letter. My doubt is whether income tax authorities will do my favor or not? I mean, they will change it to my brother PAN number or not? I did not go for filing due to this mistake. In case, if i pay tax again and go for filing means what would happen for that wrongly paid amount? Or is it possible to get that wrongly paid tax amount from his company?

while going through accounts of a Pvt. Ltd. company , it has been observed that huge expenses were made in context of payment to Google for Advertisement hoisting on its site.
is it mandate to deduct TDS in case of such payments?
If so,,, then at what rate and under which section
pls clearify in detail

HOw we can deducted TDS ?PER MONTH / QTR YEARLY
1)on salary
2)Interest other than bank Deposit.

any procedure for that or any form online system for that please tell me

hello sir,
I am R.Manikandan. I want to know what is TDS and TCS ? and What is the different between the two term? please give me some useful information about that.I am awaiting for your reply.

whether e-filing of Income Tax Return for Assessment year 2009-10 can file right now ? though it was time barred ? , As it is just to Regularise the return filing process.

If Employee is terminated by Company without giving advance notice to him in this regards and for that they pay Contract Termination Notice Pay, then is that amt is taxable as Salary. If it is taxable then is there any deduction we can show to that amount or that amt will be fully taxable?

dear sir,i want to know that if i am making late payment of tds then what will be the rate of interest. and will it be chargeable on daily basis or i will have to pay for whole month.
ex- date of payment 07/8/11
date of payment 10/8/11
then will i pay interest for two days or for whole month


Please somebody help me its urgent