Is there any disallowance, if tds is not deducted on advances

Dear All

we Purchase Raw Material for R&D Purpose. Pls advice we have claim set-off input vat from output vat

Pls advice ?

Regards
Praveen

Dear Sir/Madam
I want to know how to show amount deposited by Service Receiver under Reverse Charge mechanism in Service Tax Return of Service Provider. Is should be Shown as Exempted Service for amount of ST deposited by Service Receiver or not ?
(If Gross Value is Rs. 1000 and ST is Rs. 123.60 under Works Contract Service Provider Liab. Rs. 61.80 and Service Provider Liab. is Rs. 61.80, how to show this amount in ST3 Return ?)

Respected Members

We are distributing actual mobile headset ( Costing between Rs. 1200/- to Rs. 1600/- ) and digital camera ( Costing between Rs. 3000/- to Rs. 4000/-) to our distributors allover India on achieving certain sale target. Should i consider it as sale promotion or gift or Commission on sale.

We have around 20000 distributors all over India.

Dear Members,

Whether the unlisted public limited company borrow unsecured loans from private limited companies.Some of these may be related parties while few other unrelated.

Does it attracts non compliance under section 58A? In case yes how to rectify this default.

Thanks in advance,

one of my client having FDR interest of rs. 55000/- in f.y. 2012-13. she is a senior citizen and after awailing all the deductions available under sec. 80 c to 80 u, her tax liability resulted in NIL. i m in dilemma whether ITR 1 or ITR 2 should be filed in her case , as per new provisions?

BA is simple and scoring chapter, but am getting confuse with each some due to the loading part. and which are the cases should we consider this.

Sir,

Iam having following 2012 editions CA Final books

Accounts –MP VIJAY KUMAR
SFM- Pattabhi,bala
AS-Rawath
Claw-Munish bandari
Auditing – saravana Prasad


Is these books r sufficient for preparing or else.
Or
To the above any additions to be collected
Or
Going for new books.


Pl. suggest me

Regards,
G Ramesh babu

The status of T.D.S. return for the 4th quarter F.y. 12 - 13 is shown as "Processed with Defaults" in tdscpc website even though I have deposited tax on time, deducted correct amount of T.D.S. and at correct rate and also deducted tax on the right time. I also checked the return filed by me and found no corrections. Also, I have requested for justification report yesterday but it has not been made available till today. I had deducted T.D.S. u/s 194I(a). Can it be the cause of default since there was no way to define it in T.D.S. Return

Dear Sir,
I have received intimation u/s 200A from tds-cpc on my email, asking to pay interest on late deduction in form 24q of 4th quarter fy 2012-13.

Whereas, in 4th quarter return dates of payment and deduction are same.

I have requested for justification report however still pending after 36 hours.Then I contacted on helpline but no body attanding the phone.

Please advise me.