Dear All,

I have a confusion,if we are giving stipend to any employee(labour class)for full year approx Rs.250000 then will it be taxable in any section,
are we liable to deduct TDS for the same,if yes then in which section 192B or 194C.

My frnds are advising me that stipend is fully exempt but if so then companies will have the option to claim extra expenditure at the name of Stipend.
Kindly assist.

ON WHAT AMOUNT TDS IS TO BE DEDUCTED UNDER SEC 194J, INCLUDING SERVICE TAX OR EXCLUDING SERVICE TAX ?

CAN PERSON CAN TAKE THE CREDIT OF SERVICE TAX IN SERVICE TAX RETURN?

any body plz tell me...
i had cleared my ipcc 1st group in nov 2011 attempt n 2nd group in nov 2012 .what is the last date for my final regestration?
thanks in advance...

Inputs are directly delivered by suppliers to works contractor, but freight and service tax on it is paid by the principal manufacturer, can principal manufacturer avail CENVAT Credit of service tax so paid by him?

1. How to deal with opening credit balance in cash - by introducting the same as capital?
2. Vat- Can vat payable be adjusted against the initial deposit of Rs 25000

3. Can revised return be filed for 2nd time under the same section.

Dear All

Can any body guide me on this situation.

A closely held company i.e. say ABC Private Limited is giving Salary Advance to its Whole Time Director who is also a shareholder of the company. Now is that advance will be treated as deemed dividend and to what extent.
Secondly what if the WTD is only a director and not a shareholder what will be the treatment then.
Please do reply and if there any case of any tribunal,HC or SC is available in this regard please quote that one also.
Thanks

Experts,

In TDS return Q2 A.Y. 2009-10 we by mistake had shown wrong BSR code.

We received Order u/s 201(1) / 201(1A) of I.T. act 1961 along with demand notice u/s 156.

In said order they written that 'a show cause notice u/s 201(1A) was issued to assessee and was advised to file correction statement to rectify data entry errors within 15 days of receipt of notice'.
(But we are not received any SCN from department).

Further 'the net default after expiry of stipulated period of filing the correction statement is ...... In view of default assesse is declared as assessee in default.

Now whether we have to make an appeal or revised return will suffice ??

Please Reply.

hii friends n experts.. i m completing my training this coming Saturday.. but i don't know wht is the revised procedure for articleship completion ... any help in this regard wld b highly appreciated.. please help regarding documents to be submitted n other relevant things...
please its urgent..

There are two houses one is owned by husband and the second by wife. Can they show both the houses as self occupied. if no pls give me the provisions

for counting the limit of 1 crore for turnover in tax audit, does it include VAT/CST, excise duty??