Dear Sir
Amount of TDS Rs.16807 payable on 07.05.2012 but we have paid this TDS amount on 16.07.2012. How much interest we will have to pay to the govt on this?
Thanks
Arun
Dear Colleague ! An assesse has booked a house and taken a housing loan. Possession will be in year 2015. Please let me know that can an assessee claim deduction of Rs.1,50,000 as interest on housing loan for a house which is not yet occupied. Thanks
A Machinery i.e. laptop(gift) from non-relative costing 150000/-.
How accounting to be done and what will be the taxable value??
Your advice is invited.
thanks....
DEAR SIR,
A COMPANY APPOINT A BROKER FOR SELL PRODUCT IN THE MARKET.
HE SOLD RS.15LAKHS AND TAKE CHEQUE IN OWN NAME AND TRANSFER TO THE COMPANY.
FURTHER COMPANY RS. 1LAKH AS A COMMISSION.
NOW QUESTION ARISE THAT LIBILITY OF SERVICE TAX ??????
WHETHER SERVICE TAX PAY COMPANY OR BROKER
we have done the tax audit of the entity having turnover above 60 lacs within prescribed time.but while filling the income tax return of the assesse we selected no to the question that whether u are covered under tax audit.however the audit fees has been shown in the p&l account.
I have sold house(long term capital).
thereafter i purchasr agriculture land in the same financial year.
my quesion is that will i get any exemption or deductio in this case.....?
The employees are eligible to draw Rs.1000/- PM towards internet expenses since they work from home due to odd hours even though the broad band connection works out to Rs.1,500/-. From audit point of view, whether it is mandatory whether the connectivity should be in the name of the employee. Suppose the employee uses the home connection which is in the name of family members, whether he is not eligible to avail the reimbursement. Here in this case only whole broad band bill is not reimbursed and only a part of it. This is like reimbursement of TA and DA. Some times actual receipts are submitted and if actual receipt is not there, certain amount is paid without actual receipt. How to convince the auditor that the receipt in the name of the family member is genuine with the address as per HR records, one to be reimbursed?
sir,Madam,
what is the depreciation rates as per comapanies act?
1.Computers
2.Scooter
3.Mobile
Please tell me.
Thank's
P.Rajasekhar
SERVICE PROVIDER RISED THE BILL AS FOLLOWS
RENT ON CAB =20000
AND PARKING CHARGES=150
ON WHICH AMOUNT I HAVE TO PAY SERVICE TAX..... IMAEN ONLY ON RENT FOR CAB OR INCLUDING PARKING CHARGES PLS CLARIFY MY DOUBT.............
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