Can anyone please tell me the, What is business conduct Agreement in detail, & Provision of Business Conduct agreement as per Income Tax Act.

Dear Experts,
we have received a notice from Income tax depp U/s 201(1) for short deduction of TDS in f.y 2008-09.
(
rs.40930+ interest 660, now we will pay this short TDS amount in this year 2011-12 what are the entries which we have to pass in the books (2011-12) since we can not change the audited balance sheet of 2008-09,
Ist entry
1) expenses DR
2) TDS on proff CR
3) Party CR
(narration Short TDS for the year 2008-09)

IInd Entry
1)Tds on proff services DR
2) interst on TDS
2)Bank A/c CR
(Being TDS Deposited)
Now my question is shall we also file a revised return for 2008-09 & fresh form 16a should be issued to party.
& if he already filled his return for the f.y 2008-09 , can he take credit of this revised form 16a .
thanks ,
Nitin Bhatt

A company (XYZ) purchases electronic items from Company ABC for the purpose of resale. On purchase of items worth certain predetermined amount, Company XYZ receives reward points for the same from Company ABC. These reward points can be redeemed from a third party (Company DEF). What will be the tax implications for the same for ABC,DEF and XYZ.
Can I know the relevant section or case laws for the same.

Thank You,
Ankita

DEAR FRIENDS
IM APPEARING THE NOV 2011
WHICH IS THE BEST COACHING FOR AMA IN HYDERABAD FOR CA FINAL KAMARAJU SIR OR KG RAO SIR IM CONFUSING TO TAKE THE CLASSES




TX IN ADVANCE

Can I do registration to CS Course with my articleship of CA course ? should I have to file 112 form with ICAI ? If , yes . then how to file and what about timing ?

hey our icai mou with ignou.... so i wana do my graduation in that university......
so where the applications are available...and what is the procedure to apply,is the need to get permission from icai to apply???
requesting u to give information about ignou.
please!!!

The return was e-filed. The balance tax (total tax - tds - advance tax) was wrongly deposited under the code 400 – TAX ON REGULAR ASSESSMENT instead of code 300 – SELF ASSESSMENT TAX due to which credit of this tax is not allowed by CPC and demand for the same amount is created. The rectification return is filed but of no use. On contact the CPC advised to get the challan code corrected by bank. The bank was contacted for this correction but bank could not do the correction.

Pl advise now what to do.

as a ca & want to make career in finance sector, (forex,valuation,etc), which couse i wud have to persue,wats d scope of career in dis field

hello,is there any link to know articleship status..and normally in how many days confirmation letter about completion of articleship received from submission of form 108.

We have to be supplied the consignment under Mega Project Policy called as Deemed Export.
But by mistake we have already supplied the consignment in the month of Feb-2011
However, at the time of dispatch supplier has not issues PAC.
Now supplier is asking for Declaration for claiming Deemed Export Drawback

Pl. gives your valuable opinion on the same.