Hi CCI friends,

I have IT refund due of Rs.48986/- for AY - 13-14. (i.e. Tax Liability Rs.10824/- Less TDS 59810)

I received the refund of Rs.50940/- on 12/02/2014 (Incl. of Interest)

Now my query is what is the journal entry for this & how to nullify the same.?

Plz suggest me.

Thank you,

Dear Sir,

Good Day!!

We are from PVT. Ltd. company, we have an a small doubt i.e. we have to maintain tax invoices individual Invoice nos. like for VAT 0001, for CST 0001 ??

At present we are making Tax Invoice No. 0001 for VAT & CST we are making 0002, continuous nos, will be ok like this ???

henceforth, we would like maintain our Tax Invoice like V0001 & C0002 for putting coding (V & C), easily identification of VAT & CST transaction, could you suggest us proposer way to go ahead ??.

Kindly look into this and do the favorable.

Partnership earn income from house property and firm has huge b/f losses. Then firm which type of expenses claim under house property income and b/f losses set off against the house property income.

Sir,
I ve two PAN card, I want to surrender one through online.
While filling up the form, I ve to fill ( PAN to be retained) column.
My question is that do I need to give the details of the PAN that I ve to surrender or the PAN that I am going to use.

My client is making payment to a foreign company having no permanent establishment in India. He is making payment

in leiu of professional services. Does he need to pay any TDS on the amount remitted?

the company is situated in Singapore ?

and another company which is located in Dubai having branch in india .does we need to deduct TDS if payment is made to such indian branch and money is deposited in bank account of foreign company?

We are one Govt. college. Our tax against salary is deducted through Treasury Office.AO has filed 24G.After submission of 24G, we get the BIN NUMBER. On the basis of the BIN we are filling our e-tds return against our TAN.On verification it was found that tax amount is match with BIN. But now we get an intimation u/s 200A from TDS Trace that our entire tax payment was shown as short payment.
Kindly clearify the matter and inform how this default can be vacated.

Dear Friends and Sir and Madam,

When a partner retires from existing p'ship firm by receiving amount of his share by cash/cheque(viz.after revaluation of fixed asset-Land in this case,) in such case whether tax liability arises?
if yes then, to whom? and if no then, why?

I need detail answer with referance please,

What is the new ceiling limit specified for number of audits by a Chartered Accountant in practice, in Companies Act, 2013? Please give me the reference if possible....

Dear Sir,
Thanks! in advance.
One of my client open DHARM KANTA (computrised WEIGHING machine cap. 60 tons). He is charging Rs. 40 per truck and approximately earned Rs. 1200-1300 in a day. Is he need to registered under Service tax act or vat or any other? And what will be tax treatment for ST Returns?
Please suggest.
Regards
Vikas

Hello frns..

I hav Qualified my CA in may 2012 and now working with CA Firm n now i wanna to move abroad for furthe syudies and job... please guide me regarding this or provide some gud consultany number who works and doesnt cheat... thanks in advance... i think this is the question which many CA's want to ask but they didnt gt any good guidance.. So any experts have knowledge regarding this please enlighten us...