I am summited IT returned AY -14-15. But i am not summited our returned AY 13-14.What am i returned summited AY 13-14 at present.

Hii sir I'm a student of ca final n my exams r due in Nov dis year....sir I want to ki is dere any change in accounts because of companies act 2013 n in which chapters......plzzzz help............

While doing audit of one of my client i found that in one case TDS was not deducted by client. As client follows Mercantile Acconting System, i instructed him to make the provision for TDS liability. E.g. Bill Payment made Rs.35000 dated 31.03.2014 Liability created for TDS as on same day for TDS. I want to know at what rate interest will be charged?? 1% : For NON deduction 1.5%: For deduction but NON deposit If my client passes TDS entry as on 31.03.2014,meaning is TDS deducted on that day as payment or credit whichever is earlier. Then he has to pay 1.5% though he has not actually deducted TDS. Plz anyone explain.

sir, i forgot to claim my tds and self assessemet tax during filling ITR of assessment years 2009-10, now how i can claim that unclaim amount Rs 9015/-. i filled my ITR online on 27/03/2010 i.e. late

What amount need to be deducted law fully when salary is 25000/- nil or on 15000/-.

Where a Repo or Reverse Repo transaction happens between banks and RBI, is it transaction in money excluded from the definition of service ? If yes, the interest charged has to be considered as specified in negative list 'Specified financial services' and thereby no levy of Service tax ? Is this contention right ? Plz clarify

Can anyone help whether it is value worthy in my CV to join 1 yr Executive Program from National Institute Of Bussiness management(NIBM) or not? I am little bit confused whether should I join or not. I already have B.Com (Hons.) degree and also cleared CA Final 1 st group as well.

7th September 2014

ABC Limited is a closely held public limited company. The paid up capital is Rs.13.00 crores. The turnover of the company is about Rs.45.00 crores. There are seven directors on the board. The company is manufacturing engineering components and parts.

XYZ Private Limited is a closely held private limited company. The paid up capital is Rs.55.00 lacs. For the past few years there is no operations / sales in the company. After a long hiatus the company has recommenced its operations during the year 2014-15. There are two directors on the board. This company is also in the manufacture of engineering components and parts.

None of the Directors of ABC is interested in XYZ Private Limited either as a Director or as a Relative of a Director. However it shall be noted that both the companies were promoted by a same group of promoters. In other words the promoters of ABC Limited also holds more than 20% shares in XYZ Private Limited triggering significant control. Accordingly both the companies are considered to be Related Parties.

Both ABC and XYZ wish to enter into following contracts:

(1) ABC Limited will sell components and parts to XYZ Private Limited regularly. The cost of components supplied will be at applicable market rates

(2) XYZ Private Limited will provide services (Labour charges) to ABC Limited. ABC will send components to XYZ for job work. XYZ will complete the job work and send back the components to ABC. For this job work XYZ will charge labour charges on ABC.

I request the forum members to advise and help me how to approve the above said contracts. I would be greatful if somebody could help me with the step by step procedures involved including filing of any Forms with ROC.

with regards

Muralidharan

i have uploaded inc-7 inc-22 and dir-12 succesfuly, but failed to pay the stamp duty which i opted to pay online i am trying to pay it through pay stamp duty fee but its displaying the fatal error as undefined, please anyone provide me the solution

I have deduct TDS of a contractor for the month June RS. 7000 on a bill of Rs.35000 because that time contractor does not provide PAN No. then i deducted TDS @ 20%, now i have received second bill for Rs. 40000/- in the month of August ,contractor is Partnership firm ,and provide me PAN No. also. what TDS shold be deducted or not and deducted then what % and what amount should be deducted.