This is to inform you that it is mandatory for Government deductors, who are reporting TDS without payment through bank challans, to quote correct Book Identification Number (BIN), while filing TDS/TCS statement. In case correct BIN is not quoted in the respective TDS statement, a Short Payment demand shall be raised by CPC(TDS).

Plz Explain....

Can an assessee file a revision petition under section 264, if the revised return to correct an inadvertent error apparent from record in the original return, is filed after the time limit specified under section 139(5) on account of the error coming to the notice of the assessee after the specified time limit?

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hi,

i just want to start trading bussiness , so please tell me legal compliance have to follow before starting bussiness.

and preliminary estimated expenses

thanks in advance

thanks
pawan singh

Dear Sir,

Please give me the detailed procedure whether a firm can become a share holder of the private limited company, if yes what is the procedure.


Thanks and regards
R.Nehal Shah

Sir,

An Assessee recd house property by way of Gift from his widow mother. Now wish to sell it. Now-
1) What will be cost in his hands ?

2) If his holding period since date of gift received is more than 3 years, the chargeablity of capital gains will be long term or short term

3) Rate of tax

Speedy reply of the experts is solicited.

Hi Experts i am CA finalist.cleared 1st group in may 2013(2nd attmpt) and appeared for 2nd group in Nov 2013..thease r the marks i gt in respectiv papers..57,20,52,58. i expcted 50 above in ISCA.But dont knw how i got vry less marks.i thought i would bcom CA and go fr job.I am in great confusion nw wether to go fr job or back to studies since i am already 25 age(middl class fmly) and still 4 months is there to giv exam and i gt an offer frm a company with packge of 3 lac.i am thnking wethr i wil be in right path if i go fr job. Plzzz anydy help me out in this case..thnx in advnce.

Dear Sir,

We have imported some raw material to produce Jackets under Advance License.

We have made the finished product out of that and now we have to supply the final product to Nepal (Kathmandu) via Birgunj customs by road ( as per the LC terms mentioned. The LC is in INR).

Please advice is there a way to clear the Export Obligation for the above consignment against the Advance License.

Hello sir,...
My Client is Private limited company and owned many buses and bus rent received from schools and colleges. I want to know that whether service tax will be applicable on this case ??? my client was not charging service tax rent bills.

is registration fees and stamp duty paid while purchasing house eligible for deduction u/s 80C..?

Dear sir
1- we are a company
2- we have to pay royalty to Thailand & no PAN
3- Remintance exceed one crore
Query
pls advise about percentage of TDS ON ROYALTY during the f.y 13-14
pls advise about surcharge & cess %

regards

clsaini