Anonymous
27 December 2012 at 14:38

Tds credit or paid wihich ever is earlier

Dear CCI Members
one pvt company is deducting tds as follwos u/s194c
bill date-26/11/12
payment date-8-12-12
entry in tally date-27-11-12
on which date TDS to be deducted & deposited



Anonymous
27 December 2012 at 14:35

Incorporation of the company

Hey Frds
Can any one tell me what are the activity considered for NBFC Company ??


Hiten Sachdev
27 December 2012 at 14:08

4% sad exemption under notf. 021/2012

Sir,

I have a query whether the Builder who import goods for their projects complying the Legal Metrology Act 2009, except for the material imported is to be used in their projects which they are ultimately going to sell to their customers.

Are they eligible for the said exemption in 021/2012, coz they pay VAT on the Flats that they sell to their customers.

And if they are Eligible for getting the Exemption of the SAD, what is the argument that we can make for this.

Kindly guide me on the same, the sooner will be a blessing for me.

Thanks & Regards,
HITEN SACHDEV


Nikit Shah
27 December 2012 at 14:07

Refund adjustment

I've filed physical return for AY 2008-09 with approx rs. 40,000 refund in respect of TDS.
I've also filed e-return for AY 2010-11 with approx rs. 39,000 refund in respect of TDS.
Now I've received refund of Rs. 35,000 in respect of AY 2010-11 and received a refund order advice which states that rs. 35000 has been refunded and Rs. 4000 has been adjusted against demand for AY 2008-09.
However I've not received any refund in respect of AY 2008-09.
Also, I've misplaced the physical acknowledgement for AY 2008-09 but I've Form 16A & 26AS to substantiate my claim for Refund.
So I want to know the procedure to claim refund of Rs. 40000 in respect of AY 2008-09 & Rs. 4000 balance of AY 2010-11.
Also note that I've received full refund in respect of AY 2009-10 without any adjustments.


PRATIK LOHIA
27 December 2012 at 14:07

Regarding deduction u/s 80c

Dear Sir,
I want to ask whether deduction in respect repayment of housing loan which is taken for construction of house and as the loan taken on i.e. starting of pre construction period, & for which interest is allowable u/s 24B of house Property which is allowed for 5 years after period is over but what for repayment amount which is paid during that pre- construction, that paid amount is allowable under Section 80C or not ???


R. vishwanathan
27 December 2012 at 13:44

Advance tax.

sir want to ask if there is sale of farm house which was sold and there is a long term cap gain...how to save tax on it...

or if registry done in june but advance tax is paid in december so fair value is calculated as per december as to save interest on advance tax ,,,,,please clear my confusion...
thanx
rahul


mehak
27 December 2012 at 13:18

Articleship query

hi seniors,
my question is whether number of attempts matter in order to apply to Big 4 ?

I missed my attempt due to family issues, which cannot be stated here.

If I get a GOOD rank in 3rd attempt, what are my chances to get in ?

Please do reply


Dipak Sonawane
27 December 2012 at 13:05

Father details

Dear sir,I want an detail info of an cliant by using pan number can u help me? Thank u!


Pravin Prajapat
27 December 2012 at 13:04

Tds on pyment to nri

A Resident of India bought a Property from NRI. which is Situated in India. as per provision this Resident assessee has to deduct TDS on Payment ..............?
How Much ....?


VIKAS AGRAWAL
27 December 2012 at 12:51

Query in taxatiion matter

if four people work in individual having turnover of 10 crores each, should they come together and form a pvt ltd company or not????
what are the pros and cons in forming a company as per income tax point of view????
note: the nature of business is a construction business






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