why paid service tax on GTA by a service receiver.

can i take transfer within 6 months of articleship within the city?

Dear Sir,

I Have a doubt regarding, payment of Tax in the hands of partner on the remuneration received from firm.

If a firm, pays Rs.24lakhs to a partner and as per its deed only Rs.20lakshs is allowable,so as per Income Tax, the difference of Rs.4lakhs(24-20)remuneration paid was disallowed & paid the tax on the same.

Now, my doubt is whether the partner has to pay the tax on Rs.20lakhs or Rs.24lakhs?.
If he has to pay only on Rs.20lakhs, please refer me any citation(if any) or relevant section for better understanding.

Thanks in advance.

Regards,

CA.Satish.

Whether TDS is required to be deducted u/s.194J on Internet & Telephone charges

I suraj saraya have submitted my documents for articleship on 30-04-2013 but my articleship letter and id card and batch have not been received till date either on my correspondence adress or permanent adress. When i called to enquire regarding this in C. A Institute (kolkata) they said that it was already sent way back in the month of june. I enquired them about the acknowledgement no since documents are sent by speed post.i was said that letter has been sent via ordinary post and no clue is now available.i will have to come to institute and get only my letter photocopied. Rest of my questions were not entertained and those answered were not to my complete satisfaction.Hence what should i do now?

Hi,

I wanted to know whether Market price of a share can go below its face value.

If yes, then what are the consequences.
Certainly it will require revaluation of share capital if the fall is of permanent nature in the books of account.


Pls comment.


Thanks & Regards,

Roshan Tiwari

Hi, I have a query that in case of a private limited company, how to retire a director & appoint new one and also transfer the share of old director to new director. what are the form required for this procedure.

If LTD / PVT LTD co is supplier of manpower & service receiver is mfg company. In this case what will be tax calculation for provider & receiver ? & can service receiver claim for cenvat credit ? If yes @ what percentage ?

SIR,

For a Company public/ private limited:

1.accounts are audited and audit report obtained before 30 september 2013.
2.Gross turnover is less than 5 lakhs
3.Net profit is less than one lakh

Query:

1.Will the company require to get a tax audit under Sec.44AB ?

2.If not is it mandatory to get certificate in form 3CA and 3CD ?

3 If so is it mandatory for the Auditors (CA) to file 3CA and #CD online / offline at
Income Tax portal before 30 september 2013.?

4.Is it mandatory to file Form 29B by CA online/ offline at the Income tax portal ?
WITH REGARDS

The situation is an auditor is appointed by a company in his/her individual status.By the time of signing the audit report his/her firm is registered with a firm name.In which status (individual/firm) he/she should sign the audit report.