AS A BUSINESSMAN IF I DEPOSIT AND WITHDRAW SAME AMOUNT IN BANK AC AGAIN AND AGAIN (ABOUT 15 TIMES IN A MONTH ),PLEASE LET ME KNOW THESE DEPOSIT TRANSACTIONS WILL BE ADD TO MY RECEIPTS IN BUSINESS?










9

Dear Friends,

Kindly provide me a specimen of Letter of Offer to be filed with ROC with regards to Buy-back of Shares by a Private Unlisted Companies.

Thanking you,

Shweta Shah.

whether as per income tax act, depreciation is allowable on leasehold land when it is amortized in the books of accounts over the period of lease term.

Dear Experts,
Here my query is regarding the Notice received under section 226(3)of the Income Tax Act,1961.

ITO has send me a letter mentioning a certail sum with Interest I need to pay.

Please advise what should I do now.

Thanks,
Sumit Rastogi

MY MANY CLIENTS GETS COMMISION UNDER SECTION 194 H...HOW MUCH EXPENSES I CAN CLAIM AGAINST SUCH EARNINGS...?
WHTS D AUDIT LIMIT FOR SUCH COMMISION UNDER 194 H

Dear all,

My co periodically gives sales incentives or taxable turnover to the customers for achieving sales target. This co makes the payment of all incentives through cheque.They are not adjusting sales incentives against future billing of the same client.So it is concluded there is totally monetary payment for achieving a sales target.My question is ;does it attract any tds liability on the co,since there is whole monetary payment.

author : Break Water
PRO CHAT CALL

Posted about 9 hours ago
Hi,

We have started the partnership firm (including me and other one) in 2010 and did the below process as of now.

1. We have prepared the partnership contract details on stamp paper and for the same we did the notary (included our firm's name).

2. Registered our firms name and address with local town’s municipality.

3. Procured the CST/GST number on basis of above document.

4. Procured PAN number of our firm.

5. Opened current account with nationalized bank of our firm.

As my other partner is not doing much activity so I want to remove him and include other but I want to keep the firm name same as it is as well as CST/GST number, PAN Number and bank account.

For your information, we have not registered the partnership firm with registrar office and with district industrial center (as SME or SSI unit). But now we are looking for those processes also.

Currently the firm is not started full fledged.

Your advice would be much appreciated.

Thanks.

I have asked 2 times regarding SAIL examination....but nobody repled...what happened with seniors..?
Please tell me how to prepare for management trainee finance examination

Dear Expert,

Whether 24AA Form submit in new format or old Format. If in new format than please tell me this new format applicable from which date.

please help me out with the information about which i am confused

in relation to salaried person he get rs-100000 deduction under section 80 c

but when he paid amount for health insurance under section 80 d , donation's under section 80 g

is thease deduction is admmissible in extra i mean 80c's 100000+80d 15000+80g 5000

so the total deduction is rs-120000 or he will get only deduction of rs-100000 including thease all

please explain me the concept

Thank you.