Dear Experts,

Is there any other method to compute Income other than section 44AB and 44AD of IT ACT???

while writing the audit n assurance paper..what the examiner expects from students..i.e how should we write the answers? please help.

Dear Expert,

I have a queary of TDS Non Payment..


We have booked TDS :-
Total Invoice Amount :- INR 2493775/-

TDS @2% - U/s 194C :- INR 49875.50/-

By Mistake we have file return in Rs 48896.00

the client is asking for balance tds amount

what is solution of this case ?????/

I have not deducted tds on payment to contractor because sum not exceeded 75000 during part of year but later on exceeded 75000.

will interest on late payment of tds be attracted or not?

For an error in tds return displayed in default summary of traces,
can we add a challan paid for correction

An individual A has paid interest for an amount of Rs.8,04,000/- on unsecured loan to an individual B. My Query is whether the individual A is required to deduct TDS @ 10% under section 194A. The provisions of tax audit is applicable or not?

Doesn't Dividend Distribution Tax amounts to double taxation?
A Company firstly pays tax on its earnings @ 30.90% and when a part of earning is distributed as dividend then DDT is also to be paid. So here the amount involved for dividend is facing double taxation.

Hello Sir/Ma'am

I am persuing a CS Exe progrmmer 1st group in June 14 attempt. But my Study is not complted becasue of my job and personal problem, that's why not concentrating on a Studies.

So my query is Now i am 26 an its a very long way for me to complte the cource. So i want to know fro expert is it is good to be go try or i stop and do any other thing.

Please help me ........ I am in very big truble about my carrer. Give me a write direction what to do now as concern to my age and carrer.

Waiting for a Replay.....

debtors account shows a debit as well as credit balance in trail balance.
what this mean, how can i record this into balance sheet

debtors account shows that debit as well as credit balance in trail balance.
what this mean, how can i record this into balance sheet