Anonymous
20 May 2014 at 18:55

It exemption

i pay Home loan installment Rs.22000/-

How much amount exempted (loan repayment 3500+18500 interest)



Anonymous

Hi, My question is that I have completed 2 years of my articleship and have got an opportunity for Industrial Training with a reputed organisation but my principal employer is not allowing me to join there at the IT job for the reason that I have not completed my current ongoing work and not given a handover of my assignments to some other person.

Can he refuse to sign the papers for the simple reason that I have not given the handover of my work to someone else being in my articleship period even after informing my immediate superior 3 months ago that I am looking forward for IT?

Also is there a provision that I cannot consider the period of extension for serving IT?

Please advise as soon as possible.

Thanks...



Anonymous
20 May 2014 at 18:11

Online tds return

I have filled the TDS correction return(challan correction) of our client today.
No fees was paid for the return & same was submitted.
now return status shown as "Processed With Defaults"
My question is that - is it compulsory to submit the fee for the return?,& Y status is shown as "Processed With Defaults"


Amarpreet Singh
20 May 2014 at 18:00

Articleship

Respected Sir,
i am send for no. 109 before 10 days of sending form no. 103 of reregstration is it correct. or have to sent both form at a time?


Bijay sharma
20 May 2014 at 17:59

Tds

While making online payment of TDS I have quoted Wrong TAN and time to made correction through bank is also over.
Kindly tell what course we should take to correct the mistake.



Anonymous
20 May 2014 at 17:56

Storage permission

Dear Sir/Mam,

we are in business of manufacturing of Automobile parts in Pune.
we take a new plant for raw material storage purpose only due to space issue.
in the first year we have been received permission for storage,but at renewal time we are not received permission.
we are assesses of rage I, but our storage area comes under range II is this issue in renewal of permission.

Thanks & Regards
Nilesh Shirsat


P R SHRIVASTAVA

Dear Sir, we are planning to take an AMC(Comprehensive Basis)for Air Condition. Vendor has sent his quotation, in that quotation there is a doubt, please clarify, In the given Quotation, There is a Gross Bill Amount. After that he adds a 12.36 @ 70% Service Tax Then after adding of Service Tax and Gross Bill , he is charging VAT @ 8%. Now the my doubt whether is there any rules or circular or notification that explain that the VAT will be charged on Gross Bill + Service Tax, He has given me a some Notification, No.32/2007, Dated:22.05.2007 & 35/2012, Dated:20.06.2012. Now my second question shall I deduct WCT TDS on it or not. Please reply as it is required urgently.

Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=200766&offset=1#.U3tI0HaA-Lc


P.C. Joshi
20 May 2014 at 17:41

Fema- fdi

Dear Friends,

first of all I want to confirm the existing FDI limit in retail. As per my knowledge the same is as under:

1. Single Brand retail: 100 FDI allowed(49% sutomatic route in excess of 49% with Central Govt.

Multiple Brand Retail- No FDI is allowed even with Govt. approval.

Now my query is:

A Ltd deals in whole sale trade and has FRI of about 30%. It wants to operate in retail sector with multiple brands but can'nt do retail sale under FDI policy. However A ltd has a private company in the same gropu in which there is no FDI.But Directors and Indian shareholders are same in both the company.

Can this Private company can do retail/online/e commece business with customers directly after buying the goods from A Ltd. as its wholesale/distributor.Please advise.

Thansk & Regards,

P.C. Joshi



Anonymous

Sir,

One of my client have a rice co. & in a day it pay consolidate freight in excess of Rs. 35000.00 for different trucks having different Gr's. but single PAN i.e of truck owner. Drivers doesn't have their individual PAN.

Now plz clarify me whether that limit of Rs. 35000.00 is for single PAN or for individual trucks.

e.g freight paid to 1 truck driver is Rs. 20000 & another truck driver is Rs. 18000 but both have a single PAN.


vijay
20 May 2014 at 17:25

Form 16

Dear sir,

from where and how to download form 16.

please resolve.

regards

vijay






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