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Prachi
05 June 2014 at 12:53

Interest charges on late payment

Please let me know we have not paid the salary tds for the month of February'2014 & paid tds on 05/06/2014. What should be interest amount and how it will calculate.

Please reply urgently.



Anonymous
05 June 2014 at 12:50

Current year 13-14 form not issued

Hi
My company has not issued current year 2013-14 form 16.
last year form 16 they have issued now with penaulty.
I have FD in bank and its tax has been paid by bank on time last year. Do I need to pay separate penauly as I am filing it late now?

Can I file tax return for current year bcoz again tax on FD income has been paid by bank.

I will appreciate help on this topic.

Thanks
P Jann


shyam d bhanushali

it is allowed by icai as along with article ship any other business doing by student? and file income tax return for those other business?


SUBBU
05 June 2014 at 12:41

Indexation on improvement

PLEASE TELL ME COST OF IMPROVEMENT INDEXATION FOR LONG TERM CAPITAL GAIN ,WHETHER THE IMPROVEMENT IS ONLY TWO YEARS AND IT WILL BE CONTINUE ON 3RD YEAR ALSO SO,INDEXATION RULE WILL BE APPLY OR NOT FOR CLAIMING EXPENDITURE.TILL CONSTRUCTION ON THE PROCESS



Anonymous

Dear Sir,

I am paying 22500/- per month rent in mumbai. For claiming HRA Deduction, I need to furnish PAN of owner of flat.

Owner of flat is an govt employee and has 1.5lacs monthly salary.

He refused to give PAN. Neither he is giving his Date of Birth and saying that he will terminate the rent agreement. I had already paid the brokerage of 22,000 for this flat. On termination of agreement my brokerage money will go in vein.


kindly suggest what legal action I can take against owner.

Whether I should go to consumer court?????


prashant
05 June 2014 at 12:32

Service tax

how to calculate service tax in corporate firm?



Anonymous

Hello,

I am a mid career IT consulting professional (about 14 years experience) seeking to develop a deep understanding of financial statements. I am not an MBA but have deep understanding of business issues of certain sectors due to my process experience in them (IT, Energy Utilities and Healthcare).

I keen to develop this understanding of financial statements because,

1. Personally - I am interested in investing and want to read financial statements, analyze them and invest in stocks
2. Professionally - To develop a more profound understanding of various businesses, models, capital structures etc.

I need guidance on the path I should follow to develop this knowledge base in Financial statements. Recommendations of books, courses etc would be very useful. Any critique of my intentions would be helpful too.

(Just so you understand the level of my commitment to this task, I can take a sabbatical from work for a few months to develop this knowledge base.)

Looking forward to hearing from you.


Yash Dave
05 June 2014 at 12:28

Income tax

how to make profit & loss a/c and balanc sheet for the person whos business is of purchasing car in auction biding and then sale the car to customers for eg if he purchase a car in auction of rs 1,00,000/- and sale it in 1,50,000/- so how to make p&l a/c and balancsheet for it pl explain in brief


Abhishek
05 June 2014 at 12:16

Agricultre purchase

if we purchase any agricultre product and use as raw material for production direct from a farmer
how do we account that raw material in our account books as we dont recive any invoice for that.
please help


shithil nath

Our company is making payment to hotel for giving accommodation to its non executive director.Is company liable to pay service tax as per reverse charging mechanism following ts notfn.45/2012. Service tax audit by department demands payment of the same. But if we pay service tax on hotel room tariff it will lead to double taxation as hotel charges its service tax on its room tariff. Please advice whether ST has to be remitted by following notfn mentioned above in this case . very urgent






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