Hi,

I want to know the Due date for deposit of TDS deducted on 31st March and 30th September respectively, if the company's accounting year ends on 30th September.

CA Sachin Jindal

my query is that if someone pays charges to a college for using their class room for conducting the exams on bi-monthly basis and had a agreement with them.

whether the payment made will be treated as rent and TDS has to be deducted on crossing 1.20 lakh limit or it will be treated as contract and 20 thousand will be the limit.

please advice.

An assessee has incurred subsequent public issue expenses of Rs. 10,000 . Is it allowable expenditure or not for the business or it comes under Section 35D? Please answer this as early as possible.

Expenses incured for raising authorised capital of the company subsequently? What is the treatment for this in Income Tax?

Hi Friends

I want to join Costing & OR Coaching from Mr. Sachdeva.

Please forward me the address where i can register for Mr. Sachdeva's Costing Classes for CA Final in May 2008.

Dear,
I had not paid DDT which was due in Feb though i paid it in April... So whts th implications regarding Interest or Penalty...

Please let me know whether the BANKS are required to deduct TDS ON INTEREST

IF

the interest payable on SAVINGS BANK and RECURRING DEPOSIT is more than Rs.10000 per year?

hello frnds,

can any one tell me if a student is not capable to do coaching ... then what should he taken steps for preparation of CA final..espacially for numerical subj...
plz also tell abt recomonded book(best) for ca final [8 papers]

Followings are my queries ;
Transfer query - My articleship is ending on 31st october 2008. Suppose I take the transfer on 5th may 2008 i.e served my Principal CA ( let Mr. A) till 5th may and register my articleship with another CA (let Mr.B ) on 6th may 2008.
In this case ,
Q.1 Will my articleship will extend for another one day and will end on 1st nov'08 ?
Q.2. If yes, then does it mean that my attempt of Nov'07 exams will get void as my articleship is not ending within last 12 months of the exams ?
Q.3. Can I get myself register with the another CA (Mr. B ) on the same day i.e 5th may in the above example on which I take the transfer from my first CA (Mr. A )?

Secondment query - Although the information for secondment has been provided on the institute website but there is a disparity between the information provided
1.Guide on training provides the form -106 which has to be submitted in case of secondment.
2.Forms for students has a form under regulation 54 which has to be submitted in case of secondment.
3. Short article on secondment states that no form has to be submitted with the institute.

My problems are
Q.1. Which forms/documents are required to be filled and submitted to institute by an article or first CA or another CA ?
Q.2 Which forms/ documents are required to be filled among the CA's only?
Q.3 Can the secondment CA make the direct payment to the article ?
Q.4. If not, then in that case the secondment CA will make the payment to the Principal CA ?
Q.5. Under what head this payment will be made to the principal CA and what will be the nature of the payment received for the taxation purposes ?

I had passed CPT exam in November 2006 securing 18th rank.

I have also completed the 100 hours ITT course by passing the test conducted
on 24/06/07.

I would like to know whether the eligibility requirement for PCC Exam
is 15 months of articleship, 3 months prior to the exams OR 18 months
of articleship.

This is important for me as I would be completing my 15 months of
articleship in the first week of May 2008. After that I intend to take
a break and NOT leave from articleship for about 11 months for the PCC
exam in November 2008 and for the T.Y.B.Com University exams in
March-April 2009. Consequently I would resume my articleship for the
balance period of 27 months.
I have not come across any regulation stating that we cannot take a break or have to be on leave for studying and appearing the PCC exams.

Please reply to my query as soon as possible.

First let me apologize for wrong area of posting, because am not sure whether it should be posted in this section or in accounting section....

One of my client paid sales tax for the year 2005-2006 in 2007-2008... how do i account the same...

he paid entire tax as on that date... but when assessment was finished, it found that there was of shortage of Rs 3000/- to be payable...
a)how do i pass an entry... for that....
b)in case of refundable how do i account the same
c)if it is income tax does your answer differ

its urgent please reply asap

Thanks in advance!!!