Amount collected by the residential association towards common expenses should be chargeable to Tax under which head
1.65(105)(25a)- club or association or
2.65(105)(64)Management,Maintenance or repair

Is there any chance when firm is not get audited and return is filed to income tax

DEAR EXPERTS


WE HAVE PURCHASE OMS GOODS IN 2008-2009 FROM RAIPUR.PARTY CHARGED 1%CST IN THE INVOICE

THE PARTY IS DEMANDING C-FORM NOW

I THINK CST WAS 2% FOR PURCHASE AGAINST C-FORM IN 2008-2009.

THEY CHARGED CST 1% SO WE THOUGHT THAT THE PURCHASE IS NOT AGAINST C-FORM.THERE IS NO NEED TO ISSUE C-FORM

WHO IS RIGHT PARTY OR I?

THANKING YOU

F.Y. 2006-07 In Loans and advances name of X shows by Rs. 5,00,000/-

After 4 Years(F.Y. 2010-11) capital gain arise Rs. 4,30,000/- (Assume after all calculation)

In that year i write off Mr. X's a/c as Mr. X is not eligible to pay my money.

So, Now Tax Treatment will be in LOSS (After set off u/s 70) Loss will be Rs. 70,000/-.

HEY MY FRIENDS ONLY EXPERTS WELCOME..........

Dear Sir,

To take part in 5 Exhibitions at 5 different places on 5 different dates, we have paid to Exhibition Organiser five cheques of 34300/- each (35000 less 700/- TDS-94C). Now one exhibition is over and they have sent one bill. We paid that bill after adjusting advance of 35000/-.
Now we will not take part in remaining 4 exhibitions. We want our money of 4 Exhibition (paid in advance) back. My question is what amount we should get back. 35000 or 34300 ? Since, we have deducted TDS and deposited in bank also.
If we receive @34300/-, then we have to give them Form 16A for 4 exhibition in which we have not taken part. Also party will not give @35000/- as we have deducted TDS and deposited in bank.
Confusion. pl. advise.
anckoora

How to calculate TDS?Plz give me example

Hello all,

I recently recieved this intimation 143 from CPC where i have been asked to pay 618rs.

This is what my situation is:

1) I filed my return online through perfios a finance manager portal.while preparing i got a tax payable of 660 rs which i didnt pay while filing return. I paid 660rs as self assesment tax later.

2) Now it was re-calculated as 618 and i got this intimation.

I called customer care CPC and they said u need to have the xml saved during the return which i dont have and i am not sure as i filed through another website(perfios)

Please help me how should i go about it now?

Dear Sir/Madam,

I generally ask query on caclubindia.com, in respect of this I want to know how to take printout of selected portion of query and reply and how to download that selected portion. I am asking this because Copy and Select command does not work on the website.

hello expert,,i need u r help,i recently completed my cs professional prog.. i decided to go industrial training.. now pls. tell me which are the topics which can be asked in the interview..also speicfy the clauses of listing agreement.....its very urgent,,,thnxs in advance for u r support

Whether Service Tax is applicable on Freight paid to the truck/tempo owners for carrying goods?

Ours Company is paying Service Tax under GTA services on those Freight paid on local carriage exceeding Rs.1500/-.

So in my view we r not liable to Pay ST.
please refer to any case laws on the above topic,if any.to support my contention.

please Reply as early as possible.

Thanks in Advance

Raj