kiranrane
12 February 2014 at 11:07

How to uplod tds challan

Original Statement:

Sec.194C Party - Amt Paid - 104500.00 tds - 5000.00
So there is a short deduction of Rs. 5450.00.

But in correction statement whether deductees details will be shown as follows

194C New Challan - Party - AmtPaid/credited- 0 TDS - Rs.5450.00 interest Rs.1090.00

Or,

I have to update old challan the amt. Paid or credited from 104500.00 to Rs. 50000.00 TDS - 5000.00 and

New Challan Amt Paid/ Credited - 54500.00 TDS - 5450.00 Interest Rs. 1090.00.

Please reply in full details.








Anonymous
12 February 2014 at 10:57

Income tax return

Dear all,
I want to know is their any way to file a revised return or return of income tax after the end of 1 year from the completion of assessment year?



Anonymous
12 February 2014 at 10:01

Payment of int./penalty u/s 234e

Sir,
Now a days lot of letters recd.from traces regarding payment of interest and late filing fee 234e. Payment of int.is acceptable but what about the 234e which is not rational. Please guide whether fee is payable or not.



Anonymous
12 February 2014 at 09:51

Revalidation

I had registered for ipcc in jan,2010 and gave frst attmpt in nov,2010...is it necessary to go for revalidation if i have to attmpt in may,2014..plz hlp me..!i heard that..upto 4yrs revalidation is not necessary..is that mean 4yrs calculation is frm the dt of registration?or 8attmpts count??i am cnfsd..plz clear my confusion



Anonymous

Guidance on Treatment of Excess of Investment in Subsidiary in the bks of Holding Co. over Share Capital and security Premium in the books of Subsidiary in Consol books.
Some history: in Q1 FY 14, in Subsidiary books Capital Reduction Scheme, we had written off all the brands against the Security Premium and Share Capital. This causes reduction in Security Premium and Share Capital. Accordingly we are adjusting the same in P&L Appropriation. Earlier (before Capital Reduction schm), the Investment in Subsidiary was = SC+SP of Subsidiary, therefore no question of GW or CR in Consol.


Indrajit Roy
12 February 2014 at 09:40

Information

Sir i am planning to do both ca and cs. I have registered for cpt for june 2014. I wanted to know the way of approaching both courses. Should i do ca and then cs or the other way round or simultaneously. Also do i have to complete the training for both courses or is there any exemption. Looking forward to your valuable feedback.
Thank you


ravikanth
12 February 2014 at 09:15

Principal repayment u/s 80-c

My client has already having one own house and self occupied. He has constructed and completed a another residence house and rent received Rs.84,000/-. He has availed a home loan and interest of Rs.60,000/- and pricipal repayment of Rs. 50,000/- is paid during the FY 12-13. Can he claim Principal Repayment of Rs.60,000/- u/s 80-C.



Anonymous
12 February 2014 at 08:38

Salary

For A Y 2014-15. my total salary with arrears is coming about 20 lacs I am a senior GOVT officer If I revise earlier returns my tax slab remains 30%,computer in CPC will except any amount of salary or in computer the programe ia set so that thjs does not accept income beyonnd a certain amount


CA. Manish K Maheshwari

A company whose financial year ends on 30/09/2013 have sold goods of Rs. 10 crore to a client against form C .Sales tax has been charged and deposited to authorities .Now that client has returned the goods in the m/o of January 2014.

Now my query is what will be the treatment of tax charged and deposited against form c .and since the financial year of the company has been closed how this transaction of goods return will be shown in the books of accounts.Does it also make difference if the goods have been returned with in 6 month from sale and also if it is returned beyond six months of sale.

Thank you!








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