sir

I do agree that if tds filing is done late, then penalty will be imposed on the same.

But in favour of whom cheque for penalty payment should be issued?

Further, whether same type chq to be issued as we make payt of TDS to Income Tax?

Pls. guide me.

What is the procedure for application of DPIN of new partner in LLP. Also can application of DPIN of old partner be made together? could somebody tell me which form is to be filled for the same?

Please Provide me procedure of filling 154 online on income tax site for my client tds rectification

Dear Sir

We pay freight on carriage to transporter regularly. We have obtained xerox of PAN of such transporter. My query is, do we have to file quarterly TDS returns? What are the requirements for the same as we have not deducted any TDS on the same?

Please Help

Sir I Want to done industrial Training So Please Tell About the Vacancies.

Dear Sir

One of the clients sells goods to an exporter in Mumbai. The exporter charges an amount in the books of supplier as commission and brokerage. Thus while settling the accounts the payment recieved by client is net of such commission charged by the exporter (i.e. commission recieved by exporter and paid by supplier).

Now my query is, Will TDS be deducted by the supplier(client) on such amount credited ?

what is the definition of relative in auditing..??

we had filed 26Q of 1st Qtr and 2nd Qtr of FY 2012-13 we had made mistake in deduction of 1% instead of 2% after received notice of short deduction of that party we had deposit TDS with interest as per notice.
now we problem facing for correction in consolidated file which we had download from trace.
for TDS already paid 1% in regular 26Q and paid TDS of other 1% as per notice how to correct the details of that party afer add challan details in annexure-1 specialy in 419 and column 423 rate of tax

Is the filing of 23B form compulsory for an auditor of a newly incorporated company .i.e. the first auditor also appointed by Board of Directors?
Since, in the circular which mandated the compulsory filing of form 23b, its stated
that 23b form should be filed by an auditor appointed in the AGM, I m confused
whether its compulsory for first auditor of the company because he was not
appointed in an AGM.
If its not mandatory, then what will we fill in 23AC form for that period in the
column of SRN of 23B?

Consequent upon the change in share holding pattern, the promoters of a company have become minor share holders. Please advise what steps Banks should take to safeguard their interest for already having lent sufficient amount to the company.