Anonymous

we want to appoint an employee as director but dont want to give him powers of directors. can we appoint him as director without informing to ROC?


Anil Kumar
13 May 2014 at 16:02

Rent recd

Hi Sir,

I have a rental property and tenant pay per month 27000/- and deduction 10% .but FY 2013-2014 only tds deposit for april 2013 and he say rest tds amount will be given in cash(2700*12=32400-2700=29700 will recd cash .so how will be me computation and how will be rent recd amount show in income tax department.


n ganesh
13 May 2014 at 16:00

I t r 2 ay 2014-15

I have to claim one fifth of Pre construction period interest in my return in respect of income from House property. I find no relevant column to fill up this deduction. Please enlighten me how to fill up this in the new ATR 2 for AY 2014-15.


B.V.Vijaya Lakshmi
13 May 2014 at 15:55

Sec 40a(3)

Sir,
A person have started gold business i.e., buying and selling small gold ornaments in retail, he was purchased gold ornaments in cash and sold them in cash and he is opted sec 44AD in his IT returns, is this purchase of gold in cash attracts sec40a(3). What will be the circumstances.


Harish

Dear Member,

We are Supplying Rubber Gasket to the Manufacture of Solar Water Heaters

Solar water heaters are exempted as per notification No.6/2002 c.e. item no.237 list-9

Kindly let me know which tariff or non-tariff Notification No. i have to mention in Invoice and returns to avail duty exemption for supply rubber gasket


Suraj
13 May 2014 at 15:44

Due date for itr filing of partner

Dear Sir,

I wish to know the due date for filing of Income Tax Return of Partner of Partnership firm. is it 31/07 or 30/09. The partnership firm is subject to Tax audit. Does it make difference between a non-working/sleeping partner and Working Partner?

Recently I received an intimation which shows exact double amount of Interest u/s 234A. I uploaded an ITR of a Working partner on 11/11/2013, assuiming due date for working partner as 30/09/2013 and according calculated interest 234A of Rs. 3306/- for 2 months. However the intimation shows interest 234A of Rs. 6612/- for 4 months, considering July last date of filing ITR.

Kindly guide.

Thanks
Suraj



Anonymous
13 May 2014 at 15:34

Class

sir,
will someone pls tell me how is JAYESH GUPTA SIR'S DT and IDT class?its urgent

THANKS IN ADVANCE


bothra.abhinav@gmail.com
13 May 2014 at 15:18

Loans to/from directors & members

1.Can loans be given to/received from a pvt.ltd.co. by its directors as well as shareholders?
2.Can loans be given to/received from a pvt.ltd.co. by another pvt.ltd. co. where there is a common director?



Anonymous
13 May 2014 at 14:36

Tour operator

A Tour Operator Sales a Package of tour to his client for Rs 200,000/- including service tax. and same package is purchased by tour operator for 195000/- from another party who is actual carrying activity of traveling, accommodation and seeing etc.

whether service tax is applicable on Rs 5000 (2,00,000-1,95,000) or Rs 2,00,000/- ?



Anonymous
13 May 2014 at 14:29

Tds on labour charges

We outsource our A/C maintenance under AMC to Vendor . He provide AMC bill for 01.04.14-31.03.2015 in which he charge Service Tax 12.36%.

At what % TDS will be deducted on his bill & under which Section it will be deducted ?

Kindly explain......





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