silvi ubal gomes
10 June 2009 at 13:28

IFHP

Why deductions of municipal tax in IFHP are given on payment basis


Vijay Kr. Mishra

I am an Individual Person and wants to know Prepare my Income & Expenditure Statement. My query is:-

1. How can i prepare it ? ( formate of said statement)
2. What should be the “HEADS” which is involving in the said Statement ? Can all the expenses which are involving
in our life be the part of that Statement ?


Hemant Kyal
10 June 2009 at 13:06

TDS on Demurrage

Kindly tell whether tds will be deductible on demurrage charges and under which section . Charges are not being paid as reimbursement...


Sanoj Kr. Sharma
10 June 2009 at 12:55

TDS

Pls any one tell me what is the minimum amt. on which we can deduct TDS fo payment of supplier.

Is there is any problem to make payment in cash 20,000/- and above to any supplier.

Pls send answer of my query in my mail ID: sanojsharma84@gmail.com.


Sanoj Kr. Sharma
10 June 2009 at 12:49

Debit & Credit Note

Let Goods Costing is Rs.190/- . But Supplier Charge Rs. 197/- which is Rs.7/- excess then the original price and his bill Shown after all taxes (Excise duty 8.24% and CST 2%) Rs.218/-.

On above the Supplier charge 7/- excess in thier bill. And we book the Bill amount in our Books.
In that scenario how we deal with the excess amount, if we issue Debite Note for that than it will be for only 7/- or With taxes related with this.

sanojsharma84@gmail.com


fak_ca
10 June 2009 at 12:19

penalty under section 271(1)(c)

my case relates to a company assessee whose assesseement for the a/y 2006-07 was carried out,the a.o disallowed an expenditure of freight charges on which the assessee has not deducted tds,the same was contested before the a.o that this amount was incurred by our contractor whose cold storeage the company has taken on rent for processing of meat,the contractor incurred the expenses on our behalf and through a debit note claimed the reimbursement, during the course of assessment the contractor has confirmed in writing to the a.o that he has deducted and deposited tds on the amount claimed by him in his debit note, this undertaking was also submitted to the a.o but the same was refused by him,he disallowed the expenses stating the the company should also have deducted and deposited tax on the same amount,i.e deduct tax twice on the same amount

the assessee deposited the demand of 143(3) NOW the has initiated penalty proceeding under section 271(1)(c),

sir i want to file appeal against the order will it be feasible kindly advice


RS
10 June 2009 at 11:59

Firm registration

Hello,

For registration of partnership firm, I have got the following documents ready viz:
- Deed of partnership (duly notarised)
- Copy of partnership deed (in Marath)
- Form A
- Blank stamp paper of Rs 50
- Photo identity & residential proof of both the partners

Do I need to get any other documents done? What should be my next step?

Help appreciated.

Thanks


Sanjay

Hi,

We were purchased the DG set in the year 1989 and sold the same in the year 2008. So at the time of sell the DG set in 2008, Is it require to levy excise duty on DG set or not?

Pls. clarify the same.

Thanks
Sanjay


Atul kumar singh
10 June 2009 at 11:38

Board Meeting

I need First Board Meeting agenda along with all the necessary resolutions like Adoption of Common Seal, Approval of preliminery exp., minutes in loose leaf binding, Financial year of the company , constitution of board etc.

Regards


kivisha
10 June 2009 at 11:06

article training

hii
i was doing my articleship under a ca who is now no more in this world then according to the rule of icai i am transfered under his partner.i fill the registration form in feb then i submit a D.D on 15th may my registration letter is not received me yet.So what will i do & i also want to take transfer,i can i take transfer?
plzzzzzzzzzzz help me out






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