Dear Expert,
apartment owner association has been registered with income tax website as AOP and return filed showing bank interest income and other income in itr V. indivudual slab rate applied and refund claimed. I did not give income & expenditure and balance sheet details in itr V. If it is to be shown then where and how the surplus in income and expenditure account due to excess collection of maintenance chages to be shown....? This is not income but excess collection of maintenance charges.

Is Jewellery's gifted by spouse to her hubby is exempt from TAx.

can service tax credit be taken immidiately on receipt of invoice.if not then what accounting treatment to be done on receipt of invoice.

sir I want to know whether a degree from a deemed university will be eligible for direct entry scheme for ipcc

Sir,
Please solve my query
1] My Client Ramdas Received Int.on Saving A/c Rs.12000/- & FD Interest Rs.13300/-
Total Int.=25300/-
Income from Salary-2,40,000/-
Just Work,
240000-(25300)=214700 (Income)
(+)25300 Income from other sources
(Interest)
Total=2,40,000/-
(-)25300 U/S 80TTA
214700/-
right or Wrong

& issue confirmation how to interest show of saving a/c & FD + how to deduction show


please reply

AFTER COMPLETION AND UPLOADING OF INC-7 AND INC-22 I AM GETTING THE FOLLOWING ERROR.







Follow ing errors have occured in the prescrutiny. Please click >>
to view the errors.



The DIN entered for Director upon signing of EForm does
not correpond to the DSC affixed.




HOW TO OVER COME THIS KIND OF PROBLEM?

How much time does MCA take to update details in their database after we file form for update directors detail.

How to treat loss on day trading o shares & commodities?
Can that be taken as short term capital loss?
And what will be the sale consideration & cost of acquisition?

Hello !!

I am working in a private limited company recently registered as ABC India Pvt Ltd in which 99.98 % shares are hold by US based company ( our parent company ). Now we want to change the name as XYZ India Pvt Ltd since XYZ is the brand name of my US based parent company.

Please guide me how I can do this ? Which documents are required. Thanks a lot. Requesting to reply at earliest.

Thanks,
Pankaj

Dear Sir

Help me in following two points.

1. When to deduct TDS. a)At the time of booking of invoice or b) At the time of making payment.

2. Whether TDS is deducted on the value including of service tax or excluding of service tax.

Thanks & Regards