Hello! Friends,

We've registered a company at ROC in 2005.
But, due to some reasons we didn't do any transactions in that company and doesn't file any IT/ROC/Sales Tax returns as on date.
The company was still active in ROC. And recently the auditor of the company also expired due to in-healthy.

Now, shall we go thru another auditor and file IT/ROC as on position. Request your good comments on this.

regards

G Ganesh

In case of professional, who is a visiting faculty in various institutes, whether teaching honorarium received by him will be considered for calculating limit for 44AB. The institute paying honorarium is duduction TDS as professional fees.

Hi,

I have recently applied for COP and planning to join a 15 year old existing firm as partner. I am also planning to do my own practice in my individual capacity.
In this regard, need clarificaiton w.r.to:
1.Can practice simultaneously in individual capacity when I am a pertner in another firm.
2.If yes, shall I intimate the same to instittue ? (I hold COP)
3. Is it better to practice in individual capacity or to float a proprietorship firm.
4. Please also clarify any advantages/disadvantages with the above mentioned arrangements.

Thanks in advance for the help.
V. Srinivas.

I am a senior citizen and I get a rent of Rs15000/- per month from a commercial company using my space. I would like to know about the TDS details regarding the same. Do I have to pay it and if yes then which form I need to submit…I would prefer if the detailed procedure is being communicated to me
Thank you for the same.

Hi,

I am a employee of company which gives me form 16. Also I have provided some service to private company who has issued me Form 16A and had Deducted TDS under section 203.

I came to know from some of CA club members that I need to use ITR4 for filing return.

Is it require to carry Audit for filling this return. Since this is professional under which section I need to mention the Income.

Also Will there be more tax liability in addition to TDS which was deducted.

Expecting your help for this. Thanks in Advance.

While making payment to professionals (Eg Audit Fees) whether TDS is to be deducted after including Service or before inclusion of Service tax

Tax Audit For Placement agency & Advertising agency whether limit is 10 lakhs or 40 lakhs u/s 44AB

Q. What amendments made in the treatment of anonymous donation received by religious trust u/s 115 BBC ?

i took my transfer of articleship as on 06/03/2009,with leave of 173 days which amounts to excess leave of 113 days .
my articleship started on20/09/2007 and comletion date on 19/03/2011. would i get extension ? my final(new course) exam due is may 2011? in case of extension would my attemptget shifted or not ? is there any provision that i can serve extension days after my exam?please help me out ....

There is one manufacturing unit in which flooring work was done for the very first time since the establishment.. Before the flooring was done there was barren land n there was no use of such space except for parking.After flooring work done on such space there was much utilization of it such as for storing material and running of hydra crane..the cost of Flooring amounts to Rs. 30 lacs..
Whether such flooring should be debited to profit and loss A/c or it should be capitalised to factory building...If any judgement is there , then plz provide for the same...