Can anyone explain Works Contract Tax (WCT), on which rate it should be deducted in haryana. Tell me about threshold limit also, if any.

Dear Sir/ Mdam,
I am confused whether i should go for DG sir satellite classes or Raj Kumar Sir at Eten.
Please Advise me which teacher i should select.

A Firm collects life membership fees say Rs 1,00,000. The fees so collected is recognized as revenue over a period of 25 years as per agreement of membership. Now, on what amount service tax is to be paid. Is it on entire amount of Rs 1,00,000 or on the amount which is recognized as revenue ie on Rs 4,000 (Rs 1,00,000/25 years)

I have a unique query.

I had received Refund for AY 2008-09 on 03/12/2010.
After that I had received Refund for ay 09-10, 10-11 & 11-12 also.

Suddenly while issuing refund for AY 12-13, Outstanding demand arise in IT Records of Rs. 3,86,017/-.

Income Tax is now adjusting that big demand each year from my refund.

IT site showing refund paid for AY 2008-09 also and outstanding demand fro AY 2008-09 also.

I already contacted ITO. he said he cant cancel that demand from his side, even though he knows that its wrong.

what to do?
please suggest.

Experts,

A company has given donation to a political party around 1 crores. what are the various accounting treatment to be done regarding presentation in P&L a/c as well as if there is to give additional info in Notes to Balance-sheet?

Hello. i am studyin bms last year. I am not interested in doing mba. I am planning to do CA will it be beneficial and convinient for me?

Sir

I have joined articles on03.04.2014.when is my final attempt.when can I register for CA final.

hi, my Query is i have filled my Tds Q4 return on before due date & even the respective amt were paid to government on 30/04/2014.bt still in 26AS it is showing default as interest on TDS payment default . what should be done furthur? bcoz on traces site , under default section .nothng has been reflected .its urgent

there are two partners A and B running business and now A is missing from 1 year and can not contact to him...the other partner i.e. B want to change the partnership deed. what remedies are available to B to change the partnership deed and introduction of new partner C?

Sir,
One of my clients ‘A’ an agriculturist sold his agricultural land for Rs.25 lacs on 19/11/2008 and deposited this amount in his saving bank account. Thereafter, on the basis of AIR a notice u/s 148 of Income Tax Act was issued on 25/03/2014. During the course of assessment proceedings it was contended that actually he sold his agricultural land for Rs.25 lacs whereas to reduce his stamp duty liability the purchaser get this land registered for Rs.1470000/- as per registered sale deed dated 19/11/2008.

However, the AO is not ready to accept our contention and he is bent upon adding this difference of Rs.2500000/- minus Rs.1470000/- = Rs.1030000/- as income from other sources.

From the facts and circumstances it is very much clear that the registration of sale deed and deposited amount in bank is on the same dated I;e 19/11/2008.

Please give your valuable reply along with some case laws.

Thanking You.