Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

Hi,
My query is, Mother is the prop of the proprietorship firm for the last 20 year. during the financial year 2012-13, she transferred the business to his son during the mid of financial year. The turnover of the firm is around 60 lacs (required tax audit u/s 44ad). My question is
1.) whether i have to prepare two profit & loss account
2.) whether mother is required to file there income tax return for the fy 2012-13
3) whether i have to prepare two capitals account.
4.) what is the accounting treatment of capital account balance of the mother.

Thanks & regards
vishal kapoor

Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

Dear Experts,

Please let me know for starting Articleship i need to purchase stamp of how much value & form 102 downloaded from ICAI written for reference only is the matter on it will be typed on Stamp or stamp sent to ICAI should be blank.

Sec 42(1) prohibits the subsidiary holding shares in holding company.

What is the logic behind this prohibition?

Thanks

Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

I have not yet received 143(1) of AY 2012-13.I am salaried person ,I submitted my revised ITRV in month of AUG 2012.I am told that 40to50% cases are still pending for assessment.Is it true?
Thanks

If fixed assets purchase by paying cash above Rs. 20000 then whether depreciation on it will be deductible and if yes then please can you give me information of that circular if any.... thank you