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
What is the correct accounting code for Secondary and Higher Education Cess in Service Tax.
Is it 00440252 or
00440426
i get Rs 3000 pm as reimbursement towards Books and periodicals... now wherther
a) it is taxable in my hands..?
b) do i have to submit bills for that..?
c) Books can it be any thing as news paper, magazines bills etc..??
d) is company liable to Pay FBT over the same..?
e) if Bills are not submitted will i be taxed over such amount.?
URGENT
Please provide the complete procedure with relevant sections of the Act for closure of Trust of Provident fund and other relevant details
As per negotiable instrument act a bill can be accepted before its due date and also it can be subsequently endorsed without acceptance.My doubt is if the drawer of the bill needs it to be discounted with the bank ,when the bill shall be accepted and such bill can be endorsed or not
Answer nowSir,
One of my Clients who is a non resident in UAE has sold goods to Indian Company for 15 million dollors.and now the company wants to make payment for the same.
My Question is that will tax be deducted for the payment of goods and if so which section is attracted.. Also if there are any RBI Regulations of the same.
Thank you.
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Interest u/s 234A