oftenly fixed asset namell plant and machinery recieved back in following condition.
1.after compliting fair life
2.repiar and replacment
3.renovation
4.burnand damaged.
5.other not specified
the assets thus not in use will be accounted for on WDV IN stock or in other books of account.

during financialyear 06-07 TDS was calculatedu/s 194c@2.24 instead of 2.244 thus short deduction pointed out by audit.whether difference can be deposited at this moment.Arethere any penality?
one party in above matter has been assesed by incometaxauthority and received refund, at this stagededuction of short TDS is logical?
.

I want to know TDS rates for current FY 2008-09 & new chart of TDS.

And also tell me How many Types of TDS exists now.

Thanks

what are the rates of income tax u/s 194c,i j for the assesment year 09-10

sir,


what are the different kinds of depreciaion?

HOW Q-4 OF 24Q IS DIFFERENT FROM PREVIOUS 3 QTRS IN RESPECT OF DATA TO BE PROVIDED ?
WHAT IS LAST DATE FOR FILING 24Q-Q4 ?

Please let me know,
which kinds of reserves are created?
How they created and where they can used?

The Self Assessment Tax Challan was paid by Cash by the Assessee in the Bank on 29th March 2008.But she entered wrong an occured while writing the PAN. Towhose Account shall the Tax would be debited. Further please tell me the procedure if the payment has not been debited to Assessee's account.

Dear Sir,

If a customer agrees to pay lumpsump Transport Charges with Ser.Tax in addition to the price for delivey of goods will it be proper.

The supplier proposes to tell customer that in addition to the price of Goods he shall arrange transport also. This transport he will procure from outside and will earn some profit in it also.

Can said service be classified as Business Auxiliary Service since the supplier is a manufacturing company and not a GTA who issus Consignement Notes ?

Please clarify if the supplier collects and pays Service tax on above, will it be ok to be on safer side as he shall be earning some profit.

1. A parson is engaged into frequent trading (buying and selling- not as invesment) of share with turnover exceeding Rs.40 lakh in a year, should he get his accounts audited u/s 44AB?
2. Pl also suggest what would be the liability u/s. 44AB in a seperate case - if a persons Gross Turnover has exceeded Rs.40 lakh in a year IN INTRA-DAY TRADES, but the net receipt (total of difference of each intra-day Sale & purhcase) is 5-6 lakh.
3. Should the above be clubbed with the normal business turnover.