my question realtes to PAYMENT UNDER SEC 40 A(3).when purchase is made from cultivators who are numerous in number and purchase is made under credit .in that case how to show purchase entry by not entering all names as it is quite in numbers for each day.
like wise payment to them is also in cash as they are having no bank account .so does sec 40 A(3) attracts as payment is after some days not at the time of purchase. and how to show payment made to them.
Is it complusory to pay dividend by Private co. to Redeemable preference Shreholders carrying fixed rate of dividend who is having Foreign Companies as shareholders.
Dear Sir,
My friend is getting LTA @1250 pm, is this wholly exempted or taxable. Pls let me know the calculation of exemption and as he has already paid 40K as IT for march 08 as deducted by his employer. Now while preparing his computation, he found that tax to be paid is 15K more. So if he files IT as on 31st july 08 within duedate and pays 15K also, then also is he liable to pay any interest or penalty. pls suggest
Dear Sir,
My friend is getting LTA @1250 pm, is this wholly exempted or taxable. Pls let me know the calculation of exemption and as he has already paid 40K as IT for march 08 as deducted by his employer. Now while preparing his computation, he found that tax to be paid is 15K more. So if he files IT as on 31st july 08 within duedate and pays 15K also, then also is he liable to pay any interest or penalty. pls suggest
What is the maximum penalty IT dept can impose on assessee (not requiring audit) if he fails to file IT return by 31st July.
What is the recent trend.
Hi!
In Central Excise view,
Define Trader, Dealer, Manufacturer & Supplier?
Thanks
I have received a call from HDSG & Associates and Sunil Goel & Co for articleship, I have just cleared my CPT in June'08 attempt.
Of these two which one has a better reputation and provide me good exposure to various fields in my articleship.
Please advise which one to choose...??
I have completed my 18 months of articled training as a prerequisite for appearing in MAY PCC 2008 exams. Also I have appeared in May PCE 2008, whose result is awaited. The result of which is expected to be negative.
Suppose I terminate my articled training from 10th Aug, 2008 onwards after getting signed from my principal exam form on 5th Aug, 2008 would I be eligible for Nov PCE 2008 exam. It may be noted that Nov PCC 2008 exam would be my 2nd attempt for PCE and it would be without articled training. I will not register for articleship again till I pass PCC.
Is it necessary that my articled training must continue for 2nd attempt till my giving Nov PCE 2008, even though I have completed 18 months articled training required for PCC exam on 01st Feb, 2008 ?
What could be negative consequences of terminating articleship.
email id: arpanmpatel@gmail.com
I have completed my 18 months of articled training as a prerequisite for appearing in MAY PCC 2008 exams. Also I have appeared in May PCE 2008, whose result is awaited. The result of which is expected to be negative.
Suppose I terminate my articled training from 10th Aug, 2008 onwards after getting signed from my principal exam form on 5th Aug, 2008 would I be eligible for Nov PCE 2008 exam. It may be noted that Nov PCC 2008 exam would be my 2nd attempt for PCE and it would be without articled training. I will not register for articleship again till I pass PCC.
Is it necessary that my articled training must continue for 2nd attempt till my giving Nov PCE 2008, even though I have completed 18 months articled training required for PCC exam on 01st Feb, 2008 ?
What could be negative consequences of terminating articleship.
email id: arpanmpatel@gmail.com
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
prepartion for online test 100 hrs