Plz tell me that interest paid on TDS/VAT for delay payment is allowed as business expenditure while computing business income??
Kindly tell me section numbers..

if I am not file itr for ay 2012-13 although tds deducted in that year can I file my itr for a y 2013-14 with out any problem or there is any legal liability on my. please advice.

I have given a sum of Rs. 2,50,000/- on 01.02.2013 to my friend to run his small business (already started a year back) as credit. I took two PD cheques from him for Rs.1,50,000/- & Rs. 1,00,000/- dtd 30.04.2013 with an agreement between us (signed & thumb impressed by me & him) saying that the amount to be return to me by him within cheque date. If he fails to do the same i could deposit those PDC. He didn't paid me back within cut off date. Later I came to know he is misusing approx 95% of the profit of that business, so, it is under loss. If he goes to sell that business also it doesn't value more than a lakh, but it is in running condition means have sufficient orders. Meantime I have followed up for my money till first week of July 13 and i didn't get any positive reply from him, so I deposited those Chqs on 10.07.2013 in my account. They got bounced & reached me by 16.07.2013 with bank memos saying that Insufficient funds. After that also I tried to contact him by phone & phisical, but no response. Now I want to send a legal notice. Is it OK if I send legal notice after 30.07.2013 (chqs valid date) or Should i have to send within that ? what are the tactics ? what law says ? Please help me brothers.....

Hi I have a prop. firm, wherein we have taken a servicetax number and we do strategy assistance and designing to various clients. There is this real-estate client we are working on a three month's project, scope of work is planning and designing all the marketing collateral (Brochures, Print adds, Hoarding designs etc,). Kindly let us know considering the scope of work, what should be our TDS percentage to be deducted by the client to us?

OUR TRANSPORTER IS PRODUCE SINGLE BILL STATING DIFFERENT LINE ITEMS VIZ. TRANSPORTATION CHARGES, TOLL CHARGES, WEIGHMENT CHARGES, UNLOADING EMPTY CONTAINER CHARGES LOL... NOW I AM SAY KI GTA IS CHARGEABLE ON ONLY TRANSPORTATION CHARGES AS TOLL CHARGES ARE NEGATIVE LISTED, SOME ARE SAY KI NO BABA NO, GTA IS CHARGEABLE ON ALL THE ITEMS SINCE IT IS SINGLE BILL. THEY ARE SAY KI AGAR TOLL CHARGES IS SEPARATE BILLS, THEN IT IS EXEMPT ELSE NOT. NOW EXPERTS SAY PLEASE KI WHO IS WRITE(ME NA?? LOL) AND WHO IS WRONG? AND HAPPY GURUPUNRNIMA TO ALL HEHE

dear sir
a commission holder assesse have gross receipt of rs 180000. he does not have any expenses record and books of accounts. can he show his income " NO BOOKS OF ACCOUNTS
CASES" without claim any expenses i.e. gross receipt show as net profit? and if yes then is its need to be fill up balance sheet?

Dear Sir/ Mam

I Am A service provider of Instalation of Interior items like gypsum board, Grid Celling, Can i take credit of service tax charged om our mobile post paid bill, board band bill & Landline Bills.

Thanks

dear sir
In india what is the procedure for incorporation of a co. for NRI and what is the basic difference for incorporation from resident and NRI

IF WE ARE TAKING CANCELLED ANY FLAT ON WHICH SERVICE TAX HAS ALREADY PAID THEN HOW MUCH AMOUNT TO BE RETURN BACK TO CLIENT..
exp:
AMOUNT RECEIVED 300000
SERVICE TAX 8992
AMOUNT TOWARDS THE COST OF FLAT 291008

THEN AT THE TIME OF CANCELLATION OF FLAT HOW MUCH WE HAVE TO RETURN TO CLIENT

hi experts,

one of my client has proprietor ship business.now he has a shop (place of his business) registered at his own name..so how should i treat his shop in making his ITR IV