I want to get exposure in Tax Audits and Statutory Audits...
Please advice which Firm of CA is best for me.
Location : Mumbai

Career Objective : To start own Practice.

i received intimation from CPC bangalore u/s 143(1)

in that intimation they computed correct refund claimed rs. 149452+8964 = 158416.

but not issued REFUND they ADJUSTMENT OF REFUND AGAINST DEMAND OUTSTANDING FOR 2008-09.

BUT IN A.Y 2008-09WE CLAIMED RS. 127360 TILL DATE NOT RECEIVED. OR NOT GOT ANY DEMAND.

MY QUERY IS THAT.
1) CAN I FILE U/S 154 RECTIFICATION FOR A.Y 2010-11 ONLINE. ? IF YES THEN REQUIRED TO SEND .xml FILE AGAIN.

2) A.Y 2008-09 REFUND NOT GOT . ?
I MEET AT WARD OFFICER THEY TELL ME FILE APPLICATION FOR THIS ONLINE. ?

CAN I FILE APPLICATION ONLINE. ???

PLEASE GUIDE.. URGENT....

Whether i am liable to deduct Tax at source on payment of Sales promotion Expense beyond Rs. 75000??? Should i treat it as a contract????

Respected Experts

I want to know that whether incentive bonus received by LIC Devlopment Officer will be allowed to deduction of 30% of 40% deduction??

This incentive bonus is generally received due to the good work done by them and for such work they are frequntly arranging the training and awareness programms for agents and for clients as well so this include huge cost so can it be claimed as deduction?(as far as i know it is allowed flat at the max 30%)

Further can LIC D.O. claim depreciation on car used for the LIC business and also car insurance premium??

Actually they are receiving the salary however his duty is to train agents and many time to go wid the agents for any calls or many times they need to use the vehicles for the various claims. so can they claim depr and ins of car?

Plese help me....
Waiting for your reply.

Thanks in advance.

whether int on tds is required to be reported in 3cd...
whether it is compensatory or penal in nature

If it is b/c of late payment of tds[compensatory]
If it is b/c of non payment of tds[penal]].......

whether the above pts r correct or whether any int paid under DT laws r disallowable whether they r compensatory or penal.

pls clarify the situation

Hi, I run a sole proprietor web agency which deal with web design, web development , seo / sem/ppc , social media marketing , social media optimization , website maintainance , dedicated web hosting, mobile solutions and creative online marketing.
I want to know which service falls under service tax .
The company is based in Bhubaneswar, Orissa. And the list of taxable services under orissa are listed here http://as.ori.nic.in/cenexbbsr/index_bbsr1.htm
Please help me out.

Thanks.

If cash/bank is not a taken over asset, would it be taken into Realisation A/c? The confusion is that in some questions, it is taken in the Realisation A/c while in some, it is not taken into realisation; and instead, a cash/bank a/c is opened with the opening balance. Please Help.

Following is the case -

If two group companies (Pvt Ltd Co) are using the same premises as its registered office and one company is paying rent to another, then what are compliances to be done by both the companies??

Can they pass a Board Resolution?? do we have renew it every year?? Can we pass resolution for 15 years at a time?? how??

Can we include this in the Sale - Purchase Agreement? will this trigger S. 297??

WHICH IS BETTER ACS OR LCS AND WHY

sir plz help me which date to be mentioned in this point of form 108 :

"The articles were duly registered with the council of the institute of Chartered Accountants of India Vide Reg. no.........
of 20.."

sir as i was registered as PE-1 student and then i switched over to CPT. Then which year should i mention,the Year of registration in PE-1 OR CPT.