There is search on Mr. A and nothing is found. Because search was initiated, notice u/s 153A of the Act was issued . At the same time, there were search on one of the group concerns - B, where A is the Managing Director.

In the case of B, some material belonging to Mr. A (details of donation paid)are found.

In our opinion they should have initiated proceedings u/s 153C also. However, assessment has been made only u/s 153A.

Kindly guide us whether the Assessing Officer's order u/s 153A without invoking proceedings u/s 153C is valid.

We have deducted tds on 31st march 2014 but deposited on 1st may 2014. for how many month intt on late payment of tds shall be calculated.

further this is to inform that we have recieved intimation from deptt. in which intt for 3 month is calculated.

Are we allowed to give 3 months advance salary to full time director of a PVT lTD company ?

Is there any restrictions on that ?

What is the rate of Taxes

Sir,
As per CBDT Circular dated 13may 11 TDS Certificate in Form16/16A are to be furnished within 15 days from the due date of furnishing the statement of TDS.
The date on TDS certificate is mentioned on the date of Generating PDF file.For Delay in furnishing of TDS certificate by the deductor.
How IT Department will come to know its late furnishing to the deductors??

I work for a telecom service provider. We issue annual advance bills to our clients. i.e. bills are issued in March for next financial year. We are paying Service Tax in April as per POT. But, my auditor says that we must issue a proforma invoice and may pay service tax on receipt of payment.

hello sir,
i am employee of a company & there is my salary 50k p.m. but i am joined as on dated 24/04/2014 so i received only 7 days salary approx 11667.00. so i ask you this amount will be tax deductible or no.

plzz help guyz... my attempt is in may2015. i have not started sfm yet. i have rajiv singh classes. wud it be sufficient if i prepare from rajiv singh classes and also solve SFM A.N. SHRIDHAR book..

Dear All, Kindly tell me the Rules regarding Full Reverse Charge Mechanism. If the service provider is a insurance company or GTA & is a Registered body or a Corporate and the service receiver is also a Corporate then who is liable for Service Tax Liab under RCM.
Kindly provide the link or file for FULL RCM Liability...

When should be tax paid in Development agreements..... Whether on the Date of Agreement or on the date of handling over the prpoerty