tell me that if we are unable to stamped the acknowledgement with in required time period ie 30 days
than what happened
or we assume that return is no filed
after that can i manually file the return or not?

a group housing society makes FDRS of its surplus with bank and earns interest . the bank deducts TDS. HOWEVER society distributes entire interest among members AFTER deuctting TDS on it.therefore net interest income of society is NIL. However it claims refund of TDS deducted by bank from I.TAX authorities. My queries are
1. Since society divides entire interest among member .is interest exempt in society hands
2 net interest (intt earned - intt. given to member )is nil, will the society get refund of TDS deducted by bank
REFERENCE to some case laws shall be highly appreciated

Should the Amount received in foreign currency be classified as monetary liability and revalued at year end for unrealized forex gain / losses? Since the money has already come and will not be settled in cash (i.e will be settled through inventory sale), does it require to be revalued at year end?

hey,

how is the date for trf of unpaid dividend to IEPF calculated? Should i consider it frm the date of first declaration plus 7 yrs thereat or from date of declaration + 30 days + 7 days for trf to unpaid a/c+ 7 yrs?? Im confised as diff companies follow diff practices!!
thanx

WHO IS REQUIRED TO SUBMIT THE ER-7

AND WHAT IS THE LAST DATE OF SUBMISSION OF ER-7

PLS ADVICE

which form is to be filed by a private company if the company has created an equitable mortgage on its property for the purpose of securing issue of debenture on private placement basis.(the company has 4 the first time come out with such issue)

Also give a draft of debenture trust dee.

Dear Experts,
In the month of April-2009 we have made an invoice for a certain article Rs.100 insted of Rs. 75. Duty and Taxes are calculated on Rs. 100 and already paid to the department.
But now only we came to know our mistake. Then how we will recover excess duty which we already paid to the department.
Thanks and regards,
R.Dutta

Hi,
This is Nitin Khode,
I have a query regarding Medical reimbursement.
If Employee is claiming Reimbursement in a particular year and submitting the bills which may be related to previous year, the claim raise by employee is genuine and can he/ she got examption upto 15000/- for bills of previous year.

Regards,

Nitin Khode

Please sent the current service tax rate for a piling work contractor @ kerala.

mail me @ eswar_mailbox@rediffmail.com.

Thanks with regards,

Eswar