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Anonymous
04 March 2013 at 14:35

Lic policy

Should person at the age of 60 year go for LIC Policy??

Is it a good option??


Jignesh Savaliya
04 March 2013 at 14:31

Payment of tds with wrong section..

I have paid TDS challan u/s 192A instead of 194J on 01/02/2013 of RS.11,900. So please advise me how i can correct my mistake..


Ritesh Bharadiya
04 March 2013 at 14:27

Provident fund

pl suggest me what is the criteria for PF duduction for both employee & employer


Gireesh Hegde

Dear All,

I had a confusion about raising Invoice with regard to Services provided (Reverse Charge Mechanism). Could you please help me to clarify the issue?

Cab Hiring Charges Value Rs.10000.00
Service Tax @ 12.36% is Rs.1236.00
Total Value of The Invoice is Rs.11236.00
Out of the above 60% ( Rs.741.60) of the Service Tax Payable by the Service Provider and Balance of 40% (Rs.494.40) Service Tax Payable by Service Recipient.Now my question is
• Whether we have to raise Invoice for Rs.11236/- or only (Rs.10000+Service Tax Payable on Service Provider Part of Rs.741.60/-) Rs.10741.60/-?
• Is there any notes / remarks needs to be mentioned in the invoice?

Thanks.
Gireesh



Anonymous
04 March 2013 at 14:04

Ca in practise and articled clerk

Whether ca in practise can keep articled clerk in other city?



Anonymous
04 March 2013 at 13:59

Journal entry

Journal Entry of Reserve use for Purchase of a Fixed Assets


Madhukarbhansali
04 March 2013 at 13:53

Error 93 in custom data

Dear Sir,

we are getting Error 93 for our particular shipping bill from last 5 months.

custom person at Mundra port retransmitt data so many time but still error 93 (data not avaliable in custom server) still persist.

Due to this our Incentive issued by DGFT is not validated by custom department.

is there any other way to resolve this issue?

i have also spoke to ICEGATE helpline but it couldnt help us much.


satish

Hi,

my question is - is there any limitations/ regulations on using credit card as per IT act? or what is the maximum usage limit for credit cards as per IT act..
For Example:

im having credit card limit of Rs. 1 lac.
since past 7 months my company using my card for office online payments an average of 1.5 lacs per month (so total nearly 10 lacs for 7 months) and all payments were directly made by company to my credit card A/c. with out affecting my savings/salary account.

Now my question is am i liable to pay any tax on usage of my card for this period. if yes how should i save my tax as all the transactions/ payments was made on behalf of company..



Anonymous
04 March 2013 at 13:44

Regarding taxability of gift.

Gift made by dougher-in-law to father-in-law Rs. 500000/- in cash on several date for construction of house building which is in the name of father-in-law. Is there any taxability. House buildig is self occupied. Please let me know.


Nilesh
04 March 2013 at 13:43

Tds rule of deduction

we are paying rent 16000/- per month in AY 2012-13 .we have not deducted tds on rent last because it was within limit of deduction. now this year we have not deducted from april to jan because we have paid 16000 per month .Now my CA saying you should deduct on whole year & deposit with interest. because the limit will be cross in march.13.

please advice should i deduct tds on whole amt or balance amt

should i file tds return of 1 , 2 , & 3RD quarter also .






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