Whether any advance payment exceeding Rs.20,000 against an expenditure attracts 40(A)(3) disallowance?

hii thx kapil sir for the reply bt actually i have no frd n nobody who can guide me nywhere coz aftr school all of my frds have becum very busy n dun talk to me n they have taken up their pcc coaching so would u plz temme for which subjects do i need coaching n contact numbers of the names of those u suggested to me n gud books which i should take for pcc n gud firms in delhi where i can go for the articleship training.thx a ton for the reply sir n plz help.
nupur

can anybody advice me as to how should i plan my study schedule for nov2008 final exam. thank u in advance........

hi sir KAPIL G THOKRE G M SIR in my previous question i had asked u that one of my frd had passed cpt in aug 2007 n Failed 10+2 can he register for pcc after passing 10+2 in march 2008 n u have said that he can register . but his cpt sir told him to enquir by doing phone to chennai ICAI . N HE HAD TOLD ME TO ENQUIR FROM OTHER EXPERTS SO I DID N ONE OF THE EXPERT HAS TOLD THAT HE HAS TO WRITE CPT AGAIN HE IS TOTALLY CONFUSED SIR . PLS CLARIFY SIR.

during the last year we have not deducted tds on contracts on of our creditors. can we deduct tds on last year bills during the year, if yes wat about returns submitted already? pl help..

HI SIR KAPIL G THOKRE g m sir sir i have completed my pcc group 1 n i want to know who will give best coaching for group 2 in hyd. moreover my pcc attemt is in may 2009 can u tell me it is better to take coaching for group 2 now only or after 2 or 3 months pls suggest sir.

hi sir KAPIL G THOKRE G M . SIR CAN U GIVE ME INEORMATION ON GOVERMENT AUDIT? PLS SIR .

A gentleman is providing turnkey consultancy for setting up a
school. In my opinion, as a Consultant he needs to collect and
deposit service tax related to the service. When he approached the
service tax authorities for registration, he was advised by an
officer that as he is rendering consultancy for an educational
activity he need not collect and deposit service tax. Therefore, he
need not seek registration. I am not sure if that is the correct position as per law.

The school project is educational in nature, but a person who is
rendering consultancy to set it up on turnkey basis is involved in a
normal commercial activity and should therefore collect and pay
service tax.

I would be grateful if our learned members could give their opinion
on the issue.

In case of Operating lease whether lessor is entitled to deduction of depreciation under income tax law?

sir, i'm doing B.com(H) 3rd year from regular college and i've done CPT in nov '07.Is it possible to do articeleship in college hours? Or is it allowed by the ICAI to do articeleship during college hours? Because timing of articeleship and college classes are same.