My client has purchased property (costing 50 lacs or more. He makes payment by Installment to Builder. Installment includes service tax and some time late payment interest. So, in which amt. TDS @1% is required to deduct ? Only Basic amt. or gross amt. of installment.
I AM A ARTICLE ASSISTANT OF A CA FIRM IN KOLKATA MY BOSS ALWAYS THREATENS ME THAT HE WILL WRITE TO THE INSTITUTE,SPOIL MY CAREER,AND ALWAYS SAYING HURTFUL THING + HE IS VERY RUDE!! I WANTED TO QUIT THE FIRM BUT HE WILL NOT PROVIDE ME TRANSFER PLZ ADVICE WHAT SHOULD I DO....
what is the time limit to the AO to issue a notice u/s 143(2)?
my query is that
a client has made the following payments:-
commission = 75000/-
shipping charges = 4000/-
Total =79000/-
add:service tax tax = 9764/-
Total bill amount = 88765/-
my query is that on which amount TDS is to be deducted. ??
what is the difference between sleeping partner & nominal partner.
WHETHER IT IS POSSIBLE THAT ONE PERSON (DIRECTOR) IS RECEIVING DIRECTORS REMUNERATION FROM MORE THAN ONE COMPANIES.
SUGGEST ON THE MATTER---
IS THERE ANY LEGAL ISSUE ON THE SAME BECAUSE IN OUR COMPANY WE ARE GIVING DIR. REMUNERATION FROM OUR TWO COMPANIES..
can any1 tell with balance sheet & p/l acounts, v need to upload the schedules also?
reply urgent.
Sir,
I would like to know in an example the treatement for the exchange loss.
if a person purchased goods for 2000$ (rs. 1,10,000/-) in february 2013 wen the dollar rate was rs. 55/- per $ and the dollar rate was rs. 60/- per dollar on 31st march,2013. the payment was made in august 2013, for 1000$ wen the rate was rs. 65/- per dollar and paid the amt of rs 65,000/- wat should be the accounting entry for loss on foreign exchange. and the balance payment for 1000$ was done in december 2013 wen the dollar rate is rs.70/- per dollar pls provide me the entry to be passed for the exchange loss as on 31st march 2013. and effect of the entry in books before filing of return and after filing of returns. pls provide me with some supportings as well.
thx and regards,
vinay makhija.
Hello sir/madam,
I am running one fully charitable educational institution which is non profitable and the funds to run the same is supplied my relatives and friends out of taxed income . I have received a lettet from ITO referring to the transaction where 4lacs is received by the our institute bank account.I have not registered the institution .The letter asks to disclose the source of income or business.
I have not been involved in any business.
Thank you so much.
Please reply soon.
Urgent!
Is it compulsory that the proposer (share holder) who attends the annual general Meeting, must sign on the proposal form for adoption of annual report/annual accounts in the annual general meeting, or it can be an oral proposal (without any signature / written request)
Please clarify under what section of the companies act such provision is stipulated.
CS PULAGAM RAJARAO
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tds on property sale (cost 15 lacs)