Will there be any problem if there are clerical errors for example wrong cheque no and wrong month in TDS certificate issued to landlord in respect of TDS deducted on rent.

can i revise the service tax return for the half year ended 31st march'08.

i filed the return on 25th April'08

Is there any limitation or penalty?

hai friends
my name is v b s ramaiah .i wrote pe-2 second group in may 2oo8.first group completed.if in case i will failed can i converted into pcc?shall i join in articles?what is the procedures?
please give me reply.
thank u friends

Whether PF is mandatory for all employees.

If the organisation is having employees 40.

lets assume 20 employees getting less than 6500/-(basic+Da) this employees will come under obligation to deduct PF.
And remaining employees getting More than 6500/-(basic+Da)this people will come under optional.
my doubt is is it mandatory for the company to deduct PF irrespective of the salary the employee is getting to the extent of Rs 6500/-
OR the company can make deduction for the employees who is geeting less than 6500/- and leave the other employees.
whether it is allowable under the Act

Infosys today declared its Q1 results.

It says its EPS is 100(approx) Ex- Tax reversal.

Please let me know what is Tax reversal.

Note that infosys' profits for the period Q1 is more than its guidance.

Will 234B be applicable if a assessee has shortfall in TDS deducted by more than Rs.5000. and he has not paid advance tax.
i.e TDS receivable 7000 and Tax of the assessee come to Rs 15000. will the TDS certificate amt be considered as advance tax u/s 234B.

Rural Agriculural Land is excluded from the definition of capital asset and hence sale proceeds of such land does not come under the purview of Capital Gains.

However

is such income exempt from tax i.e. shouldnt it be taxed under some other head as it is not a Capital Asset and has generated income just like the other items that are being excluded from the definition of Capital Asset

Please tell me the applicabiliy of sec 80D for FY 2008-09.The limit prescribed

we are displaying the glow sign board at outdoor of the store/office. we are paying the advertisement tax to the MCH.

when we are booking the invoice related to glow sign board, does it comes under advertisement cost or fixed assets - fixture and furniture cost.

Please clarify my doubt.

Regards
Ashok

Rural Agriculural Land is excluded from the definition of capital asset and hence sale proceeds of such land does not come under the purview of Capital Gains.

However

is such income exempt from tax i.e. shouldnt it be taxed under some other head as it is not a Capital Asset and has generated income just like the other items that are being excluded from the definition of Capital Asset