Hello, can any one tell me why income tax department is charged Interest on late payment of TDS for 2 month even if delay is for less than 30days. Is it correct to collect interest for 2 months ? e.g. If i have deposited TDS on 10th of July 2014 for the deduction made on 30th June Interest is to be charged @ 1.5% for part of themonth. Why should i pay interest for 2 months though delay is for less than 30days Please solve this query

c.a. is a very tuff course and i can attend college daily and in b.com honors i need to attend college daily!so should i pursue b.com regular?

Hello Experts,
i have filed my 2012-2013 taxes before time (31st july 2013). But i missed to declare some capital gain due to some issues. I want to revise my tax. Can i do it now?
I found someone telling me that i cant revise tax under section 139(5) if my previous year return was approved in assessment by AO.
Can someone please guide on the process?
Also for a foreign stock thats not listed in india, is their a difference between long term and short term gain? Or i have to pay flat 20% on capital gain?

thanks
sunil

I have cleared my CPT now what is the last date for registration for Intermediate course ?

can short term capital loss on sale of shares carried forward from previous year be set off against short term capital gain by sale of property..or is it compulsory to set off against short term capital gains of shares only..thanks in advance.

is tds require to deduct while making payment of interest on account of morthgage loan to NBFC ?

PL PROVIDE THE supporting sanction.

Dear Experts,

My Question is based on the issue that, According to, Explanation of Section 152(6) of the companies Act, 2013 for Retirement in AGM,Independent directors shall not be counted in Computation of Total Number of Rotational Directors & now our Company has 10 Directors out of Which 5 are Independent, 3 are Managing Directors and 2 are Whole Time Director form which one WTD was re-appointed in the last AGM , so now my question is whether MD be counted in total number for computing the Rotational Director or and how many directors should retire by rotation in the next AGM is that necessary that the Board should make appointments in the AGM for more WTD's
KIndly suggest me
i would be greatful of Your's.

hi friend's i hav completed my 2 year articalship and planing to take secondment due to financial difficulties recently i joined US based a/c ing fpo industries.my question is shud i continued in this fpo industries or quit CA and joined indian accounting firm? what is growth aspects if i continued in this US based fpo industries to get job in Indian co?

Hello Everyone! what if we fail to send the Online return filed within the 120 days and send it later? what is the procedure to claim the refund in above mentioned case?

Sir. I am a student. I am currently publishing a website and getting income from affiliate marketing. Companies have deducted 2% of TDS. I don't have a job/salary. l have 41000 as income in last FY In my efiling panel there is only itr 1 and itr4s I tried to submit 4s but following error occurred "For itr4s presumptive income is mandatory" I treated income as income from other sources. TDS is also treated as income from other sources. I want to refund the TDS paid hope you help