A Pvt. Ltd. Co. received bills of security exp., professional exp.
on which service tax is separately indicated. Till now, we are
deducting tds on total amount i.e. inclusive of service tax
But, many people advise us that we should deduct tds on
amount exclusive of service tax.

Should we now start deducting tds on amount excluding
service tax. If so, whether it will casue any problem in
assessment because for certain months tds deducted on
whole amount and in certain months on amount
exclusive of service tax.

Please advise.

I have query that i have received notice under section 148.for A.Y.2012-13.in A.Y.2012-13 there is undisclosed income of rs.3,00,000/- than which remedy available to me whether can i voluntary disclose this income addition to income disclosed in income tax return for A.Y.2012-13?? any penalty imposed on me?

Sir,
I have one legal invoice raised by lawyer on which professional fees of Rs.35000.00 & reimbursement expenses of Rs.5000.00 is shown, Both the amount shown in single bill but seperately, On which amount TDS will be deducted

Thanks & regards

Hi,
I am salaried and I had filed my IT return last year before IT due date. However, I forgot to send the ITRV signed form to Banglore office of IT department. I had claimed refund in that return.

Can I send that original ITRV form now and will I get refund ?

Please advice.

In case of a private company when an auditor resigns he needs to file the notice of resignation to company and ROC as per section 140(2). This form is to be attched to GNL2. now my query is : Is auditor responsible for filling GNL2 with ROC and if yes then is it the director who is going to sign the GNL 2. Please resolve.

my client has a business of shares with intraday trading nature of speculation


FOR F.Y 2013-14(A.Y 2014-15)
SALRY INCOME 180000
INTEREST INCOME 200000

SPECULATION LOSS (intra day trading) -8950
S.T CAPITAL LOSS -90500
Total intra day turnover 90 lacs


I CANT FILE RETURN UP TO 31-07-2014,

01. which return shall be necessary for this situation, i.e. itr -1 , itr-4 ?
02. shall be necessary for doing audit?
03. shall be necessary to disclosed speculation loss?
reply urgent

Under which section tds would be deducted on Designing and commissioning of Project?

A public limited co incorporated in Dec2013,has appointed its first Auditor in the SLP filed with the ROC.If the Auditor wants to resign before the co. holds its first AGM,can he do so?What is the procedure?

Dear all,
My company is purchasing goods from a supplier & he is charging freight in the bill.
Case 1. Transporter is submitting the LR with the bill. Are we liable to pay GTA?
Case 2.Transporter is not submitting the LR with the bill. Are we liable to pay GTA based on the amount stated in the bill?

When directors doesnt have any interest they have to delcare that they are not interested in forst board meeting after incorporation

Even if directors dont have any interest we need to file MGT-14.

Section 184 : Disclosure of Interest by Director
The Act provides for the disclosure by directors relating his concern
or interest in any company or companies or body corporate (including
shareholding interest), firms or other association of individuals by
giving a notice in writing in form MBP 1 (Rule 9(1)) at the first meeting
of board after being appointed as director and at first meeting of board
of every financial year, in addition to this, any change required to be
disclosed in next board meeting