Dear Expert
Hello,

As per the Provisions of the Income Tax Act, Section 36 (1)(vii), the Sundry Crediotrs/Debtors may be written off if taken in books so.
Plz advise the a/cg treatment, taxation aspect and allowability of all above i.e., sundry debtors, creditors, fixed assets(including amortisation etc.)
High regards

Nagendra Pd. Gupta
ACA

is internet charges is liable for fbt as telephone exp.

Dear all,
We have a client (Regd as Trust) in West Bengal and want to apply for Tax exemption Certificates from IT dept. Do we have to process these in West Bengal or can we apply for tax exemption certificates from where we are located i.e. Hyderabad.

HI
iN CASE OF TRANSACTION OF LETTING OF A PARKING PLOT FOR SPECIFIC PARKING PURPOSE SUCH RENT INCOME WILL BE COVERED UNDER SECTION 206C OR WHETHER IT WILL COVERED UNDER 194I?

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- If it is so than please provide with its reference to any case law or circular/Notification.
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Now during the issuance we faced a propble. We have to mention Remuneration & Bank FD Interest in Form 16. On the other has we have to mention TDS amount in Form 16. But sir there is no space to mention the amount of tds deducted on Bank interest. As we have added the amount of interest as income so we have to mention its TDS portion also.

So kindly give me guidence that how to reflect TDS on FD Intrest in Form 16.

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Dear sir,


Is there any change in procedure and requirements for the termintion of articleship. If therre can you plase tell me what kind of changes are they?