exp. rate of return on market portfolio =(dividend earned + capital aapreciation)/ initial investment.

my que. is, in order to compute market return how can v take dividend as its distribution is decided by company itself and not driven by market scenario, then why to consider DIVIDEND while computung market return?

Respected Sir One of my company(pvt ltd) is incorporated in December 2012 is it necessary to filing annual roc this year and what is the procedure and fees for changing directors in pvt Ltd company which has a minimum subscribed capital Of 1 lakh rs thanks in advance

TDS payment made through online for the month of april to june 2013 but wrongly mentioned asst year as 2013-14 but how to file e-tds for this case.Kindly inform me its urgent.

It is clear that assessee has to deduct TDS from Car loan interest paid to NBFC. But sometimes, a car loan is in the name of say Director of a company or partner of a firm and all the payments - downpayments, intstallments (EMI) etc paid by company/firm. The Car and Car loan is also appearing in the books of Company/firm. Car is used for the business purpose by Company/ Firm. Only to avoid higher RTO taxes, the car is bought in the name of Director/partner.

My query is whether TDS should be deducted by the Company/firm on interest payments to NBFCs like Kotak Mahindra Prime or Tata Capital etc if the loan itself is not in the company name?

DEAR SIR,

OUR CLIENT HAS COAL BUSINESS AND LAST YEAR HIS ANNUAL TURNOVER IS LESS THAN 60 LACS BUT HIS ACCOUNTS IS AUDITED U/S 44AD FOR LOWER INCOME DECLARATION THAN 8%. NOW I WANT TO CLAR WHETHER HE HAS TO DEDUCT TCS AND DEPOSIT THE SAME IN CASE OF SALE OF COAL.AS BCCL IS DEDUCTIING TCS IN CASE OF SALE OF COAL TO CLIENT. PLEASE CLEAR IT.

THANKS & REGARDS

CA C.P. BURNWAL

Estate account whether claim self occupied property?.

Refer any case law?

Hello sir/mam,

Recently I posted a query fo change of articleship firm. I have completed 11 months of training under the present employer in small firm in parrys,chennai.
Now I want to change to another firm which is also in parrys. I want to know whether there is restriction from ICAI that one cannot shift to another firm in same locality or city otherwise. I want your advice as soon as possible as I don,t want to face any problem in future.

Awaiting your response

Regards

Dear Sir,

I have Service Tax Liability of Rs. 5 Crore at the end of period.

However at present scheme of Rebate is available and I will pay Rs. 2 Crore as per Rebate Scheme. And the said payment will be paid in December 13 and June 14 in installment.

Now, My question is the Said liabilities of Rs. 2 Crore which will be paid after due date of filing of return is disallowed under section 43B or not ?

Please explain in brief that what i should do about Rs. 5 Crore & Rs. 2 Crore.

EXPERTS,

ONE OF OUR CLIENT WHO WAS GOVT. EMPLOYEE, FOR F.Y. 2010-11 HIS 26AS PROVIDES 'P' STATUS MEANS PROVISIONALLY BOOKED.

HE RECEIVED DEMAND FROM DEPARTMENT NOT GIVING TDS CREDIT.

WE FILED 154,IN REPLY NO CHANGE.

I CALLED AT CPC THEY TOLD THAT CREDIT WILL BE AVAILABLE ONLY IF CHANGE IN STATUS FROM 'P' TO 'F' IN 26AS.

WE CONTACTED ACCOUNT OFFICER THEY TOLD US WE HAVE GIVEN YOU 16A.

NOW WHAT IS TOBE DONE...............ANY CLUE...

Sir,
I filled online ITR1 for AY 2012-13, IT dept. send me an intimation us/ 143 saying that there is mismatch in TDS, However when I verified the 26AS it shows no mismatch.

how to apply for rectification?

thanks.
uttam