What is the penalty for the company with nil TDS return for not filing it.

If there is penalty for late payment, is penalty only for last quarter or for subsequent quarters too

I have COP and also got firm name approval, can I perform audit and attestation function with firm name approved by ICAI or I will have to wait till registration of the firm completed. plz answer immediately.
Incase of Using Individual name whether can I use rubber stamp?

A private Limited company below Tax audit Limit
my query is a Chartered Accountant uploading 3CA, 3CD report for due date 30/09/2013 or not. and simple Statutory audit report of company uploading IT side a CA or not.

i am final year student and appearing for first group in may 14 just want to know companies act applicable in may 14 exams have effect only in law subject or any other subject have changed audit, sfm or account.

please guide me regarding changes in course

i have business profit from textile business. similarly i am also doing future & option in comodity of silver in mcx. In future option transaction i have made loss. I have made more then 200 transaction during the year in comodity future & option.
1. Can i get benifit of setoff of loss of comodity future & option against regular business profit under head business and profession?
2. my transaction in mcx, which is recognised stock exchange , can it be consider my business? or speculation transction?

in case of govt office 24 Q for last qtr is to file up to 15 may
while the form 16 is required to issue within 30 day from end of fin year. but form 16 from tdccpc.gov.in can not dwld until
24 Q is filed. So what procedure follow if any officer/employee insist to provde dwlnd copy of form 16 from tdccpc site up to 30 April.

if i cudn't do my 1st gmcs in d 1st yr of articleship.....then....whar?

A Company follows Accrual basis of accounting for recording income from both domestic and foreign clients for selling goods (furniture, etc).

However, in recent times there has been uncertainty regarding payment from parties in Afghanistan, Nigeria etc. The company had to make provision for bad debts/write off the bad debts frequently as per the audit observations on the ground of uncertainty of realisation.

However, constant follow up for realisation of the payment continued and in some cases, the company realised the payment after an abnormally long period.

Recognition of income due to receipt of these payments used to create confusion as to whether these should be treated as current year’s income or prior period income.

Hence, the company now accounts for this foreign income on cash basis and also has started writing off amount from such foreign parties if not receivable at all. Can the company do the same??

Kindly clear the doubts.

Regards

One of my new client was filing his return in ITO ward of Madhya Pradesh...but now he has shifted his business to other state i.e.Chhattisgarh and want to file his return here in ITO ward of Chhattisgarh state....Will I have to apply for transfer of file to Income tax department...or department will do it by itself...
is there any change in case of salaried employee transferred??
what is procedure...?
or simply I should file in new ITO ward??

Assessee A died on 30.09.2012 and from 01.10.2012 his son B took over his father business.

Turnover 01.4.12-30.09.12 = 99.94 lakhs
Turnover 01.10.12-31.03.13 = 77.00 Lakhs

Q1. What will be the tax treatment in this case? Taxable as two assessee or only one i.e son "B"

Q2. Is tax audit applicable in this case. As turnover of both the assessee is less than 1 crore.