One Of my client doing business as civil contractor in company limited status. They procured unsecured loan from his sister concern. (Whose status is Trust)to whom we are giving interest. For that we have to deduct TDS On Interest.

another issue is that TRUST is running a business of Education and to whom we provided building on rent from whom (i.e. trust )we recive rent income. For that trust is require dto deduct TDS On Rent.

Now problem is that whether we can set off TDS Receivable Of Rent against TDS payable On Intererst.

Plz reply as early as possble....

i have a Query that ..i have deducted a tds of employee to rs. 4000 for the Fy 13-14 ,bt fail to claim rebate of Rs. 2000/- does the balance amount would be refunded during filling income tax return ?? if not,than what should be done ?

Dear Sir,
Whether it is possible to attest ca exam form by a c.a. doing job without having C.O.P.and not having stamp.ca exam form is valid or not by signature only by ca with membership number doing job.

Thanks,

my client has no vat no. His turnover above 10 lakhs. He has doing contractor work in co. he has service tax no. in works contract catagory. but he has no vat no.

my client is from Bharuch, Gujarat.

Please give urgent reply

Can a POI invest in LLP on repatriation basis?

Hi Everyone, I have a query with regard to applicability of public deposits provisions to limited companies. The case is as follows. The company has collected Security Deposits (SD) from their dealers/agents on which it is paying a simple interest of 12% pa. But now there exist some dealers who aren't doing any business with company past 2-5 years but because they haven't withdrawn their SD's, Company is still paying them an interest @12% pa. As per my understanding, the SD got converted to public deposit where sec. 58A of Composites Act, 1956 and Companies (Acceptance of Deposit) Rules, 1975 would be applicable. please confirm whether my understanding is right. Thanks, Sandeep Biradar

Dear Sir,

I have provided my gross salary breakup into below categories.
Basic,Hra,Uniform allowance( 100p.m.),Transport allowance& medical Allowance & shown the same in salary slip.

Question
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I am paying .....amt( few thousand)pa for school fess for my child.Can i get deduction under 80c even though i have not shown the same in my salary slip's breakup?

pls. advise.

A company is following deprecation methods as laid down in income tax act. it is there accounting policy from last so many years. In FY 2013-14 they had purchased computers on 31/03/2014 and has charged deprecation for half year as per Income Tax rules.whether treatment done by the company is acceptable as per AS 6 ?

Dear All

One of my client is facing legal suit on some property issues with other party say X. My client has received amount of Rs. 5 crores from X under an agreement to sell. Now whenever decision will be announced, my client will have to pay this amount alongwith interest to X. So to handle the burden of interest, my client has made FDR of this Rs. 5 crores. My query is how the interest income on this FDR will be dealt with?? because it is of funds of other party?? Whether my client has to bear the whole taxation??

Or, there is other way out in income tax.


Thanks

Dear sir,
I'm planning to join IPCC on the end of july this year under direct entry scheme, i live in a small town so i can't able to go to classes.

i'm also planning to do self studies and i need some list of reference books.

Is it possible to clear IPCC by self studies in a single attempt.

And i need information about ATC is it good to do or not, what are its advantages?
can it be done along with the articles or not sir...