CA Abhishek Singh

Hello everyone,

i filed TDS return of my client. Tax was deducted on 30/4/14 and paid on 30/05/14 after due date. i paid 1 month interest.

now i received intimation from TDS cpc asking for payment of 1 months extra interest.

I called TDS CPC and they are saying this is as per law.

If this is as per law then for 1 day delay 2 months interest has to be paid which is illogical and clearing not the intention of the lawmaker.

My question :
Should i pay the additional 1 one month interest or there is any other option available ?


Ganapati Ghatti
02 August 2014 at 19:12

Incorporation of opc

Dear Learned Professionals,

Pls help me with the list of documents and the e-forms to be filed for incorporating an OPC.

Thanks and regards,

Ganapati Ghatti


manoj pandey
02 August 2014 at 18:25

On work contract

percentage of service tax and vat on denting and painting work under upvat.


darshika laddha
02 August 2014 at 18:08

Ca, cs and b.com together

i have recently passed CPT. Can i do CA, CS and B.com simultaneously??



Anonymous
02 August 2014 at 18:08

Refund processing

I hav filed my ITR in march,14 for a/y 2013-14, in which refund claim but still there is no processing for refund. the amount of TDS claimed have not mentioned in Form-26AS.
Will that refund receive or not?


PRANAY JAIN

I already have one residential house in my name, now can I invest proceeds from property sold to buy another residential house to take capital gain exemption.Please reply as per changes in Capital gain law in Union budget 2014.


B.PANNEER SELVAM
02 August 2014 at 17:52

Tds

One of the My client software companies.
They purchase computer devises and assets from one the retailer.

But the value of computer devises and other components value is less then Rs 5000/-but aggregate value of invoice more then Rs 100000/-

My suggestion is above transaction come to u/s 192C. ie contract payment but management is disagree ...

i want valuable opinion in above issue



Anonymous
02 August 2014 at 17:35

Itr 5

Dear Sirs,

Sub: e-filing ITR-5 for A.Y 2014-15 – Reg.

We are Employees Provident Fund Trust. Our EPF Trust is a recognised one. The income of the trust is exempt U/s 10(25) of the Income Tax Act 1961. The Trust is given PAN having the “STATUS” as Trust.

We have e-filed our income tax returns upto AY 2013-14 using ITR-5. For the AY 2014-15, we have tried to e-file our income tax return in ITR-5; but in the portal such category of “Trust” is given. But other categories such as AOP, BOI, FIRM ect. are seen.

So, in the asbense of Trust category in the said ITR-5 online java utility we could not e-file our trust’s return we cannot e-file our return in ITR-7 as this form relates to the trust claiming exemption u/s.11 of the Act 1961.

So, please guide us as to how to e-file our trust return of income for AY 2014-15 in ITR-5. This will be of immense to the assesses such as ours.

Thanking you,
Yours faithfully,
AR. VISWANATHAN
Trustee,
SVCF EPF Trust.


seeta
02 August 2014 at 17:20

Form 16 a

Sir, salary shown is 26as is 487501/- it is net of sec 80 C but actual salary is 587501/- I have filed return and having refund of 1500/- should I get refund. Salary form 1 employer Pls reply on urgent

Pls advice me what to do


seeta
02 August 2014 at 17:01

Form 16

Sir,

salary shown is 26as is 487501/- it is net of sec 80 C

but actual salary is 587501/-

I have filed return and having refund of 1500/-

should I get refund.

Pls reply on urgent






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