An Assessee Pursuing Job in Vietnam Paid tax and filed his return of Income for Ay 2012-13 in Vietnam.He is in India for 156 days .Through calculations his Residential Status is ROR. He had an apartment in India and Paying EMI of Rs 16,000/- There is no other Source of Income in India. Should he also File IT Return in India For AY 2012-13?

Dear Sir/Madam,

Kindly request you to solve the query to the erliest.

A pvt company has provided a director foreign tour with his family and the company is paying all the expenses. what are the limitations under companies act and how shud be the accounting treatment?

whether servicetax paid is debited in the profit & loss a/c is disallowed ? if yes under which section?

whether Tds paid debited is disallowed ?
(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)


waiting for reply

thanks.

EXPERTS,

WE BY MISTAKE UPLOADED RETURN WITHOUT SHOWING DEPRECIATION NOW WE RECEIVED INTIMATION U/S 143(1)IN WHICH THEY ARE DISALLOWING US DEPRECIATION HOW WE REPLY TO THEM ?

HOWEVER IN NEXT YEAR WE HAVE TAKEN WDV AFTER DEPRECIATION AMT.

WHAT IS TOBE DONE ? PLZ REPLY FAST OUR REFUND IS PENDING....

I am ipcc student,i cleared my cpt in 2009,after that due to some financial crises i went for job in lnt,due to which i am nt able to concentrate on ipcc,now i wish to join big4 for articleship by taking admission through direct entry,can anybody help me to tel may i apply for big4??

Dear CA club Members,

Please clarify the below Doubt.

In case of Exports and Imports We appointed a CHA, CHA is invoicing us 2 invoices one is Reimbursement Invoice and Another is Service Invoice. In Reimburcement invoice it is not charging service tax, but for the reimbursement invoice we are getting the supportings from the 3rd party in our name where the 3rd party is charging service Tax, and we are claiming that service Tax also. Now while making payment to CHA for those reimbursement charges shall we deduct TDS.

Now I will explain with Example. CHA is raising 2 invoices One is Reimbursement and another is service Invoice,

So noew how i am passing the entries for Reimbursement Invoice

Freight on Import Dr.

Service Tax Dr.

To 3rd Party Cr.

than

3rd Party Dr.

To CHA Cr.

than

CHA Dr.

To Bank A/c Cr.



and for service Invoice

Freight Doc. Charges Dr.

Service Tax Dr.

To CHA Cr.

Than

CHA A/c Dr.

To Bank A/c Cr.

To TDS A/c Cr.

In case of Reimbursement invoice i am not deducting TDS because we are not paying directly to 3rd party, we are paying to CHA through Reimbursement Bill.

Please clarify, What is correct whether we need to deduct TDS on the amount paid to 3rd party through Reimbursemnt bill because we are taking service Tax credit on 3rd party invoice

or No need to deduct TDS because we are not directly making payment to 3rd party and we are paying through Reimbursement invoice to our CHA.

For your information our CHA is neither taking Service Tax Credit on 3rd Party invoice nor he is deducting TDS on it.

and if TDS need to be deducted it is whose responsibility to deduct TDS.....?

Dear,
What if we won't finish GMCS-1 within 1 year/

Our queries are as follows:

1) Can the AO issue notice u/s 148 for making disallowance u/s 40(a)(ia)?

2) First authority remands matter to AO to verify date of submission of Form 15G/H for payment of interest without deducting TDS so as to allow such payment u/s 40(a)(ia). Assessee awaits order giving effect but finds it against him. Hence, appeal is filed before the Honourable Tribunal against order giving effect to CIT-A within 30 days of date of receipt OGE. Is this a wrong remedy? Should the appeal be filed only against CIT- Appeal order within 30 days?

I want to ask a question. In Sec. 7(3A) of CST Act, text similar to below one is written:

"Where it appears necessary to authority granting a Certificate .......... for proper custody & use of forms referred to in subsection (3A), he may ...".



As per above, the forms are referred to in Sub-section (3A), i.e. this sub-section itself. But no such forms are mentioned/ indicated therein.

Also, Sub-section (2A) has a similar provision and certain forms are mentioned there.


My Question: Is Sec. 7(3A) actually talking about Sec. 7(2A)?
If so, is any correction made in Sec. 7(3A) till yet?

Dear sir,
I have received a intimation u/s 143(1) for the assessment year 2011-12 in email id that is as under

Please find attached the Income tax Intimation U/S 143(1) for PAN AHCxxxxx2C with respect to the return of income filed by you for the Assessment Year 2011-12.

In case of variance of Rs. 100 or more, between Tax Credits (TDS/TCS/Advance Tax/Self Assessment Tax) as claimed by you in the Return of Income and the computation under Sec.143(1) per attached Intimation, a separate email will be sent to you providing details on the same.

In this issue i have e filed of return and in this i have a refund of tds of Rs 1069/- it is matched with nsdl site view tax credit for 26a also. but in the intimation from ITD of CPC banglore they does not consider this tds refund and give us a intimation u/s 143(1) for demand of Rs. 278000( including interest).
so please suggest me what can i do so i get my refund as soon as possible & rectify demand.