I have started a bussiness in the F.Y 2009-10 and turnover of the bussiness is 1 crore in above financial year. Do I require to deduct TDS in Financial 2009-10 wherever applicable or not as I have started bussiness in the F.Y 2009-10

WE are filling retun for month of May 09. but cst 2% not paid for the month of may09 , can we have to file revised returnor not? can explain

Can Sharing lunch with clients be treated as Business promotion expenses?
Please explain the difference between advertisement and business promotion expenses?

Any body can tell me deduction under chapt VI A for the tution fees is allowed only for the tution fees or for the any other fees also. If possible please case laws or interpretaion for the same.

Thanking you
Shweta

A member of the institute holding COP, employed (Full time employment) in an Audit Firm.
Whether he can sign Tax audit reports seperately?

Mr. abc is a Dr. running a hospital. his annual gross receipts are about 25 lacs. is Audit u/s 44AB required for him ????

Dear Sir,
I am an employee of a bank and was allotted 1200 shares from my bank as ESOP in july 2006.The vesting date was 26th July 2007.The company deducted/paid FBT in the year FY2007-08.I purchased 300 shares @Rs800 in Aug 2007.Then I purchased the balance 900 shares @Rs.800 in 5thJune 2008.I have sold all 1200 shares @Rs1100 in the market on which STT is applicable on 3rd March 2009.Do I attract STCG/LTCG.Pls clarify as I need to pay the tax if any and file my retuens before the 31st.Your early response will be appreciated.Thanks.

Our company is A STPI Units and i want to know whether the full CORPORATE INCOME TAX EXCEPTION is available to the stpi units,
or while filing return do we need to file any documents.

Please let me know the process involved

Regards
Nisha

can a penalty u/s 271C be avoided if the assessee pays amount of TDS from his own pocket without deducting it from party to whom it has made payment?

Please clarify me the following doubts

1. Can a Public or Private company receive share capital (application, allotment) in HARD CASH (and not through Cheque).

2. If they have done so, and alloted the shares and issued share certificates, WHAT ARE THE CONSEQUENCES? Please give me relevent sections and penalties.

GIRISH