My company deducts TDS(i.e 10%) from my retainership fee. Do I still need to pay tax on my net income?My remuneration is 5 lpa.PLease also let me know
i)whether I can claim it while filing ITR form,
if yes which FORM i need to file while filing ITR.
ii)is TDS refundable, if yes how and what all this can be claimed ( for example House rent, medical reimbursement, house loan etc) Pls help. Thank you very much in advance, ur suggestions are appreciated.

Dear Sir
As I Register for IPCC in October 1st Week and want to give Exam in November 2013.. and Recently Now I Taken Admission in ITT from 11th March to 5th april training period.

So Sir, Will u help me that, Is Am I Elegible to give examination in November 2013 And If Yes Or No Then How???

Please help Me Sir for This My E-mail id stephan_kadam2000@yahoo.com

Awaiting For Your Kind Reply......

My sister had applied for revaluation of SFM & ISCA marks to icai. Now her status is showing by icai -"NO DISCREPANCY IN THE MARKS". What does it mean ? Is there not any changes in the marks of both subjects ?

sir i wannaknow depreciation rate on following items:

buliding
plant aND machinery
computers
office equipments
furniture and fixtures
motor vehicles
railway siding (if applicable on any item)

I am in problem regarding the following matters for service tax:
1-We mean that we had billed a sum of Rs 10000/- in the month of Dec'12 then we did not have Service tax registration but from the month of Jan'13 we have taken S.Tax Reg.& the said is to receive in this month i.e Feb'13.
Will it come under Service Tax bracket or not?
2- Will we get benefit of CENVAT CREDIT for the bill payment of internet/mobile post paid?
3- We had agreed for the payment of Rs 60000.00 + service Tax of Rs 7416/-,for the services taken by us for 12 months.The agreement was done in the month of Oct'12 when we did not had service tax registration but from the month of Jan'13 we got S.Tax reg.We are paying the money in 6 installments of Rs 11236/-.
Will we get the benefit of CENVAT CREDIT for the same
Plz advice ?

hello,

please clarify about following,
1)My registration to final course is before dec 2008 i have already posted my exam form,is it necessary to send the re validation form immediately or can i send any time before 31 dec 2013.
2) are there any documents needs to be enclosed with form.

1) WORKS CONTRACT OF FURNITURE FOR ORIGINAL WORK & OTHER REPAIRING & MAINTAINCE WORK WITH LIMITED COMPANY HOW TO LEVY SERVICE TAX ON GROSS BILL OF RS 10,000/- AS PER NOTIFICATION NO 24/2012 DT 6TH JUNE 2012 SERVICE PROVIDER & SERVICE RECIEVER.

2) THE LTD CO TO WHOM WE ARE PROVIDING SERVICE HAVE TOLD US TO PAY SERVICE TAX 12.36% ON 60% OF THE TOTAL AMOUNT CHARGED FOR WORK CONTRACT ON OLD WORK AND ON ORIGINAL WORK CONTRACT 40%.

3) CURRENTLY WE ARE CHARGING 4.944/% SERVICE TAX AND 50% IS PAYABLE BY SERVICE PROVIDER & 50% BY SERVICE RECIEVER AS PER NOTIFICATION NO 15/2012 SERVICE TAX AND MVAT @ 8% PLEASE REPLY IN DETAILS AND WITH EXAMPLE AS I AM CONFUSED

pls tell me sec 35 expenditure on scientific research

Hi,

I know someone who is a Commerce graduate from Delhi University with very good marks and satisfies the 55pc criteria. However, an ICAI official said that DU graduates do not qualify for Direct entry scheme as their exams are of 75 marks each and not of 100 marks as required by the ICAI notification dated 16th Aug 2012. Please advice on this. Are such students eligible?

Regards,

If suppose the Net Profit of Company/Firm is Rs.10,00,000/- (Rs.Ten Lacs) & the VAT refund amount is Rs.5,00,000/- (Rs.Five Lacs) then on which amount the Income Tax should be calculated ?

The VAT refund amount is shown in the Balance Sheet (Assets).

Is the VAT refund amount income for the Company or Firm as per the Income Tax Act ?