If there is mistake in the balance sheet filled with Roc of the Pvt. Ltd.whether it can be revised or not
Answer nowDear All,
My company is paying fixed medical and Leave Travel allowance to the employee, which is payable after deduction of TDS. Is there any exemption under medical and leave travel allowance . If yes under which section of the income tax act.
Remember that amount is not reimbursed by employer.
Comany has contract with other co for transport of goods, driver of the truck is providign form no. 15I,however bills are raised by the transport company,
Whether TDS is deducted or not? & the same question is in applicability of Sec.40A(3) for payment exceeding Rs.20000.
We are paying Interest on Mumbai Muncipality Cess for 1998-2004 on 24/02/09. whether deduction is available under business income.
For period 2005-2008 Interest has not been paid but it has accrued. Whether deduction will be available on this?
Thanks & Rgards,
Abhishek
if return is filled on 02/02/2008 and due date of filing return is 31st July,2007 and Self Assessment Tax is paid on 07/07/2007.For how many months interest u/s 234A will be charged?pls rply its very urgent
Answer nowDear Friends, I have a practical issue. If I paid interest on Partners capital in FY 2005-2006, then is it necessary to pay it in 2006-07 also. Case is wrt exempted areas, and hence the AO objecting is that we are inflating profits and hence disallowing that much amount. I want to know the legal points involved in this matter.
Answer nowWhether an educational institution(MBA)like IIPM, IFCI or any other such institutions providing laptops to students are liable to under FBT provisions?
Answer nowI HAVE DEPOSITED RS. 120000.00 TWICE AS TDS ONE IN 07-08 AND OTHER IN 08-09
HOW CAN THIS BE ADJUSTED
Hi Madam/sir
I am a May 2008 CA Pass out student and i score 58% marks in Final year. Now i am planing for further Study of IAS but get confused whther this is the right path for a CA or not?
Plz Suggest me what should i do? Go for Capmus march-april 2009 for JOB OR go for my new Aim of becoming IAS
Thanks in Advance for ur precious suggesstion
balance sheet of Pvt. Ltd. Company