i have downloaded form 16A

There is
Status of matching with
OLTAS* is U i.e. Unmatched



Now what i have to be do??

1 revised my TDS Quarterly return or issue form 16A to the dedctee.

please guide me

thank you

1) Only interest on late payment of TDS (i.e interest on late deposit of TDS)is made for all the 4 quarters.Is there any need of revising TDS return of all the quarters?

2)Interest calculation on TDS of salary,If TDS is deducted for the April month salary i.e deducted on 30 April 2012 and TDS deposited on 12 June 2012.What will be the months calculation and amount of interest?

Dear Expert,
Received me Notice from TDS Depatment U/s 200A and mention it for Late filling fees payablr Rs.1000 U/s 234R Plz Rleply me which form use for paid latr filling fees amount and payment after ans. of notice to Officer?

I am planning to start ITES (Information Technology Enabled Services) work from home. I am an individual and not a company. Two other people will help me like a team who will be paid by me. This work involves doing medical transcription work. I will get assignments from US and New Zealand via Email and I will send the finished work through Email.

The employer will send us service charges based on the volume of work I do on a monthly basis. This project can last from 3 to 5 years, and we will get paid monthly like salary in US Dollar from a foreign bank to my indian bank via wire transfer (approximately 1000 to 1500 USD per month).

MY DOUBT IS:

1. Whether this is an export? (since we do not send any goods and we render services only online)

2. Whether we need an Import/Export code (IE Code) for this type of transaction. Private banks are not asking for IE code but when I approached Bank of Baroda, they asked it.

3. Whether FIRC (Foreign invwared remittance Certificate) is required after they pay me.

4. Whether this needs current account or savings bank account?

From going through various QnA on this forum, some are saying IE code is needed and some others saying, its not needed.

For example, pls see the following links.

"https://www.caclubindia.com/experts/iec-code-for-export-of-services-440420.asp


https://www.caclubindia.com/experts/import-export-code-726955.asp

http://yourstory.in/2012/01/import-export-code-for-service-providers/ require ie code for exporting a product service outside of india."

Okay in case of benefit of doubt, in case I apply for IE code now, nothing is wrong right. In case I apply for IEC, I don't have company, so can I apply in my individual name?

I want to know how accounting is done for recharge or talk time seller on behalf of a cellular company.I mean who we will manage his accounts. he receive talk time and sell it to retailer and get commission on behalf from cellular company.

Dear all,

a security agency provide guards to various entities, and raised bill showing separate amount for service and for ESI & EPF, and charged service tax on the whole bill amount....

my query is that whether service tax shall be levied on whole amount or only on amount for services provided (i.e Total billed amount minus ESI & EPF)..

PLS Respond

Dear sir

plz tell for what kind of business & turnover for which tax audit is required.is there is necessary to maintain books of account for tax audit ?

plz give me answer.

regards

Dear sirs,

Query related to disclosures of Excise duty collected on sales:-

The company has tow operations.
1- Manufacturing products by imported raw materials.
2- Sales of imported raw materials.

on case 2, the comapany has collecting Modvat from the customers( Proportionate of Import duties paid by the company)
How to disclose this Modvat collected?
Is it to be disclosed by adding sales a/c alike cenvat?

Our Corporate client have purchased one mfg unit on slump sale basis. sales consideration is Rs.15 crore.For transfer of unit in favor of our client, it has paid Rs. 75 Lakh towards stamp duty Charges.

Also my client has taken term loan of Rs. 10 crore from Bank , hence the company has paid the processing fees, consultant fees etc.

Now my query is that what is treatment of stamp duty charges and processing charges & Consultant fees etc in their books of account after keeping in mind AS-10 & 26.

I HAVE COMPLETED MY ARTTICLESHIP AND I GET CONVERSION FROM PCC COURSE TO IPCC COURSE AND HAVE GIVEN THE EXAM OFF IPCC IN MAY 2013 CAN I GIVE THE FINAL EXAM IN NOVEMBER 2013??

PLEASE REPLY SOON...
THANKS...