Sir,
If XYZ Co. manufacturing co. and it has its own two windmill. The co. is taking benefit of deduction u/s. 80IA from A.Y. 2009-10. Now co. wants to install a third windmill project, then tell me whether co. is eligible for deduction u/s. 80 IA for next 10 years from A.Y. 2013-14 if co. installed this project in F.Y. 2012-13 ?

Dear All,

Please suggest,

One of my Friend, His TDS deducted under section 194D of Rs.13,000/- during the financial year 2008-09, but Income Tax Return not filled for the same, Please suggest me any provision/option in Act, to get the refund.

what is the procedure for converting partnership firm in to pvt ltd company?

I had purchased DEPB licence of Rs.1,00,000 and paid output tax of Rs 5000/-. The said DEPB licence was utilised by me for payment of custom duty for import of goods meant for resale. Can tax paid by me for purchase of DEPB is allowable as input tax under Delhi Value added tax Act,2004. please give relevant case law.

Hi Experts,.

Pls tel me when BPO is providing service to other countries, is there necessity to get IEC code to export the services. and who all required to get IEC code and what is the procedure involved in getting IEC code. ?

My uncle is into retial trade.
his gross sales last year was around 14 lackhs.He wants to file his return for ay 12-13 now.
since he is eligible for 44AD.
he wants to claim higher propotion of income around 20% of his sales.

in that case how much tax he has to pay and penalty interest if any for late filing also please tell which form nos to be used.

also pls tell tax liablity if wants to show income @ 8% only.

prop firm converted into partnership on 12th jan 2012. How depreciation shall be charged?

One of my client is a partnership firm, which has been incorporated on 16-04-2012. they have incurred an amount of around 60000/-for advertisement and marketing expenses on march 2012, can we account that amount in the month of April 2012. or else give some idea regarding the issue

I forgot to deduct tds on professional fees of Rs.50000 in July 2012. Now in december it came in my notice and now I want to deposit it with 1% interest from the date it was deductabe and 1.5% to the date actually deposit. But I had filed tds return for the period of July to Sep. now i dont want to revise return. Is there any provision regarding this.

Pls help.

Hi,

I am looking for CMA format for a real estate developer to be submitted to banks for funding purposes.

i have gone through various posts and formats of CMA in this community but i want a format specifically used by an real estate developer.

Can anyone help, please.

thanks