Inadvertently, excess TDS is affected from a Contractor and also remitted to the Department in a particular quarter.

This mistake is detected in the next quarter (in the same financial year). How to go about adjusting the excess payment.

Is it not possible to deduct the excess amount while remitting TDS due for next quarter (in the same financial year).

Kindly advise

Whether a company has to pay FBT if it does not have any employee on its roll but engages contract workers on hire ?

Suppose the statutory Auditor resigns during the year ie before the close of the financial year and a new Statutory Auditor is appointed immediately in the special meeting then the new auditor will have to do the audit and give his report -- Right isnt it?

But suppose the original Auditor resigns after the financial year then what is the implication or duty of the new Auditor. Who should complete the audit and sign the Audit report.

Kindly advice

Dear friends,

For the calculating TDS on the services,
Whether TDS should be calculated on the invoice amount i.e. (fees + service tax) or only fees amount i.e. not on service tax amount?
IF we are calculating on the invoice then there is tax on service tax it is correct ?

Thanking you

sachin

i have heard that one attempt should be propond to those students who will going to appear from the Nov.2008
means the students who will going to appear in Nov.2008 have an oppertunity to appear in May 2008. whether this informaton is correct or not plz answer as possible as early.


wish u all the best

I am working in Hyderabad based company,
I know e-tds returns preparation (correction & regular).
now i am taking care of doing e-tds quartely retuns, looking for clients.
please help me, for doing part time job work in any place in Hyd.
plz help, this was very helpful for me, to overcome my financial troubles.

One of my friend who is a housewife had rental income of Rs.60000/- in 2004-2005 and profit on shares of Rs.506841/- upto 30-9-04 and loss of Rs.150768/- during second half (from 1-10-2004 to 31-3-2005).

Most of the shares traded during the year were acquired (about 50%) through IPO in previous year / assessment year. About 30% of shares were acquired by transfer at market rate from friends who were employees in Issuer Companies and were allotted in employee quota. These employees were partly funded by granting interest free loan. About 20% of shares were purchased / sold from market through BSE/NSE. The tax was paid treating net income as capital gain.

ITO while assessing the case has opined that the trading in shares which has been done at frequent intervals is business and the profit thereon is business income and not capital gain. Pl advise with decided case, if any.

Kindly clarify the following
1.A 100% EOU receives interest on deposits ade with customs dept. Is it taxable ?
2. What about exchange difference income?

1.What is the due date for payment ( ind & comapy )

2. challan no ( any chenges TR 6 )

3.filling of returns half yearly or Quartly yearly ( ind and comp)

4. other relavent details

please send me details as early as posiable

thanks

hi friends...!!!
i would like to know the due date for filing of return of charitable trust... pls answer