Dear expert,
Please help me on making effective schedule of learning for 1st group from june 13, for preparation of exam in nov 13.
Thnx in advance.

Every person whose Gross receipt exceeds 1 crore is to get the accounts audited as per section 40AB of IT Act.My doubt is what constitute the Gross receipts of a Bank? Since Banking means accepting deposits for the purpose of lending should the revenue expenditure be deducted from total receipt in arriving at the gross receipts for the purpose of this section.

Dear Sir,
Please tell that there is any changes in present ISCA course for May 2015 exams.
Guide me as i will prepare self for this subject.
tell me as soon as possible.

Dear Experts,

One of my client wants to incorporate a Pvt. ltd company with starting word of Global.

Now my query is that whether Authorised capital will be Rs. 1 lacs or 1 Cr. ?

Please suggests.

Awaiting your reply.

Dear expert,

I want to know if we change only wording of notes to accounts but it does not have any impact on the financial statements and we delete some accounting policies not applicable to the company (as applicable in the previous year), then what are the consequences.

Sir in the year 2010 we paid a tds challan in that mistakenly quoted tds code 194H instead of 194C, now for that we received a intimation from IT Dept regarding short deduction of 8% percentage please guide me can we correct it in IT Depart ment i need to know procedures

Note:For the above deduction we dont have any Bill from contractor, we made a payment through cheque he is a individual not having any firm like that

Sir,
Today I want to commit a payment to a vendor on a future date considering my anticipated receipts as well as payments. Is there is any excel template for such transactions ?

Thanks in advance.

Hi Friends,
I am having one query in which Employee worked for company for 8 months from April-12 to Nov.12 as per salary TDs was calculated and some TDS is pending from deductions as well as payment by company so what should be the solutions for this kindly suggest.

Thanks
Rajesh Kenchi
(M)9823482978

Is it service tax is liable to pay on receipt basis or payment basis

i need from 2009 to till date 2013

my doubt
Service tax on rental income for Immovable property .

sir
i am an employee ihave filed the return on 24.07.2012 (AY- 2012-13)
I received a letter from IT Dept.
income from salary = 503365
deductions VI = 83395
total income after deductions =419970
tax payable = 24717
tds from salary cutting = 24717

now IT dept sent a letter stating to pay an amount of Rs.28842.

interest payable(234B) =3211

(234C) = 914

WHY I HAVE TO PAY THE INTEREST ,
TDS 24717 deducted from salary

please clarify

thanks®ards

srinivasa