If Cash is deposited in other party's bank A/C directly as payment towards some expenditure ,which is exceeding Rs. 20,000/-, whether such an expenditure would be disallowed or not?

Thanks in Advance.

Sir, I am a central govt servant my hra is 96, 000/ pa .my husband hra is 2, 00, 000/ pa.can we both claim hra .we reside in the same house and we reside in hyderabad .please answer sir ...

hello CCI members.. I need to clear one ques here.. i am thinking of taking transfer from my firm within one two months as i feel i can be at a better firm.
so, my query is whether good firms or middle sized firms take transfer cases? i have good record except that i joined this firm ..
valuable suggestions/opinions are welcome

Hi Experts

Can you please tell me what is the accrual basis of payment and receipt basis of payment in service tax with example.

A Pvt Ltd Co. has not recorded a bill in the preceeding Financial Years on which VAT is levied. But the Co. has made the payment to creditors on 06/01/2014 through cheque. We are Builders & Developers eligible for Composite Scheme on MVAT.i.e. we are not claiming Input Tax Credit.

CAN A PVT. LTD. RECORD THE PURCHASE BILL OF PRECEEDING YEARS IN THE FINANCIAL YEAR 2013-14 ??

Dear Sir

We have Imported one shipment from Singapore. Seller has sent us India Singapore Free Trade agreement certificate of origin.

While filling the bill of entry we have availed wrongly ASEAN free trade notification with custom duty @ 3% but in India Singapore Free Trade Agreement the custom duty is nil on that product.

WE have made two Imports in this manner one is 4 months ago & another 8 months ago.

Please advise how we can get refund of extra custom & other duties paid on those goods.

I have been engaged in trading of cloth. My accounts get audited since my turnover is over 1 crore. Now I have sold a plot and paid Rs. 2,00,000=00 as commission to property dealer. Am I liable for TDS on above payment? if yes under which section?

if my accounts have been destroy by fire and income tax officer is refuse to allow to exp then what will i do???? if there is any jugement by high cout in the same case then u can help me....

What would be the cosequences of not attending GMC"s within one year after registering the articleship?

A has purchased a under constructed house from builder on 1.1.2011.
Purchase agreement is executed and stamp duty / registration is done on 5.1.2011.
Possession of flat with letter is received on 1.10.2013.
He wants to sell the flat now ie after 10.1.2014.
Whether he will be taxed with STCG or LTCG section 54 benefit will be available