Dear Sir/ Madam,

Could you please provide some details for the following:

1.In case of online filing, is there any option for Revised Return ?
2.Return has been filed on 02/01/09 for Ass. Year 2008-2009.
3.XML file is showing Tax due, whereas it has already been paid because shown at wrong place in XML file.
4.If hard copy of acknowledgement would not be filed in 15 days, is there any possibility for “Deemed as Non Filing” and we can file again.
5.Or we have to file the same acknowledgment with TAX Due – Balance and Wait with TAX Payment proof on event of Demand of tax.

Please advice as soon as possible… if possible…

Very thanks for your kind attention.

Regards

Vijay

I am working in pvt ltd company. The company is paying commisson his clients. I want to know what will be the tds rate and how to post the entry

Dear All,

There is introduction of new scheme IPCC and provision of artical ship is for 2 years in that, so there is also reduction in the articale ship time of the PE 2 students or they have to go for 3 yrs and one other thing IPCC students can apper for final exam within of last 6 month of articaleship then it means he goes for articale for 18 months, Pls tell there is cut in articale ship time PE 2 or not or they have to go for 3 years articaleship.

thanx in advance.........

the sections under which the management of satyam is at default? and ther conse quences

There was an query on TDS

(for refrence)

"Company is hiring vehicle on monthly fixed payment and variable rate per km on actual vehicle running. The vehicle is available with us for 16 hours in a day.
Vehicle registration number is not mentioned in the contract. The driver, maintenance, oil & fuel is under the contractor scope.

On this transaction which TDS is attracted 194C or 194I."

In this regard our expert said that


"As the vehicle is not in the full control of the hirer, Tax at Source is to be deducted u/s 194C."

I want to know that is there any condition U/S 194I that to fall within this section vehical should be fully in control of hirer.

in my point of view Tds should be deducted U/S 194i because as per interpretation rule 194I is a specific section on rent so it will prevail.

I believe that respected seniors will help me to clear this one.

Thanx & regards

Dear Sir
purchase in the case of trading business and direct cost in the case of service industry, is it allowed as deduction u/s 28 itself or as expenses u/s 30 to 37 of Income Tax Act? Suppose Sales 100000, Purchase 80000, gross profit 20000, Salary 10000, net profit 10000, In this case in which section Purchase Rs. 80000 will be allowed as deduction? Is it allowed u/s 28 or u/s 30 to 37? In my opinion role of section 30 to 37 comes after gross profit, Direct cost should be allowed in basic definition of business income given in section 28. Is it right or wrong?

Can we deduct TDS, if we make payment to HP Petrol Pump on Monthly Basis.

Please reply me soon its urgent.

Sir,

Please let me know, who applied for Accouting Tech certificate, can he eligible to further study & appear in exam of CA Final .

I want to know can I change the accounts from Without Inventory To With Inventory. Is it Possible? and how can it be done?

Good morng sir,
I have a query relating excise(i.e)
Is excise duty leived on sale of scraped HDPE,Fibre MS cut drums,because while purchase of this Drums we take Input credit on this drums.
Is my contention correct?
If not then,Pls suggest me with some relevant notification or any case relating the above Query.