As per Section 192 TDS on salary should be paid within 7 days from last day of month in which deduction is made.

Case :-
Suppose a company paying salary for the month of April on 5th May and it also booked salary on the same day. Whether Due date of Payment of TDS on Salary for the month of April will 7 th June.


2. What shall be treatment of TDS on salary for the month of March 12

Dear Experts,

In an Unlisted Public Company, how can a person without being a Director have whole authority relating to Fincance?

Can a Board delegate the reqisite powers to him without any formal designation/position of that person in the company?

KINDLY PROVIDE ME THE PROCEDURE FOR FILLING RETURN OF EPF.

WHETHER THE PROCEDURE OF EPF RETURN FILLING WERE DIFFERENT IN DIFFERENT STATES, i.e, monthly, quarterly or yearly.

Dear All,
As per new RBI Guidelines banks have to issue new cheque books to our customers and customers have to surrender old cheque books before 31st December for replacement.
My question is it takes times to Bank to issue new cheque book and if we surrender the old one how could we issue cheques.

Our company is into trading of goods. It availed the services of Maruti Courier Services for transportation of certain goods by air. Maruti Air Couriers charged service tax @ 12.36% and raised the invoice. Now we being a company debited the transport expenses (since we have transported the goods and not covers) and on reverse charge basis deducted service tax from their final payment and deposited the said service tax recovered from Maruti Air Courier to Service Tax Department. On receiving the less amount, they inquired for the reason and informed us that they are registered under Courier Agency Service.

So now are we liable to pay their service tax to department on reverse charge basis? And also let us know whether debiting the expense into transport is correct? If we do not debit the same into said account then it should be debited to which accounting expense? Also whether TDS is applicable on the above said expense?

i am not able to check the online bakance of EPF account of my client, on the website,

EPF account number is MH/424/20006732

Please help me out

Dear sir,

Please tell me that whether a full time practicing chartered accountant can become a director of a Public limited company.

Please reply at the earliest in details.

Thanks in advance

X is a dealer of Cement. He won a car in a lucky draw organized by the cement company in a function of all the dealers of the State. No TDS was done by the company. My questions are :
1. Does the value of the car is required to be shown as income of the X?
2. If this is to be shown as income under which head it will be taxable- Income from business or profession or income from other sources?
3. Can X claim depreciation on the value of car ?

Sir,

We have occured fire during 2012-13. but we have expectation that we are unable to receive amt of claim during this particular year.

so can we claim whole amount of loss in a.y.2013-14 ? and on realization of insurance claim amount show as income in a.y. in which we realized amount.

One of our Client had got a subsidy of Rs. 2 Lakh where i have to show it in balance sheet (as per New Sechdule VI) if i am following capital approach as per AS 12

can i add it upto capital reserve or please tell me the solution