Rajdeep Kumar Gupta
27 May 2014 at 13:20

Logic behind financial year

why financial year is always starts frm apr and end at march end? is there any reason behind this?



Anonymous
27 May 2014 at 13:18

Tds disallowed

Sir,

TDS paid for the year is 10 lacks, but the 5 lacks of the above was not reflected in the 26AS, ITO Disallowed the same. In the above 5 L, 3 L worth details are found out,rest permanently lost...What is the accounting treatment of the above?


AKASH
27 May 2014 at 13:12

Change in course

SIR, Is there any change in course of ipcc fr nov 2014 exams


NARENDRA SHYAMLAL BHAWAT

A indian company wants to pay professional fees to Foreign company having PAN in india.


The Indian company wants to deduct the TDS @10 + 2% surcharges + 3% Ed. Cess = 10.506% as per DTAA.

so in this my question is whether the TDS rate of 10.506% is correct or it should deduct @ 26.265% ( 25% + 2% + 3%)as per Income Tax Act.

and

If the tds rate of 10.506% is correct then whether I required to obtain TRC from the foreign company for issue of form 15CB or the copy of PAN card will be sufficient for it.


rashh

can any1 tell me is tds deductible on telephone & internet charges???
If s den under which section??



Anonymous
27 May 2014 at 12:49

Computation of income

Can one file revised "COMPUTATION OF INCOME"??


SAGAR
27 May 2014 at 12:46

After articleship

hi, I'm currently in article ship. it will complete in sept 2014. Now I'm preparing for final. I just wanted to know can I do job in pvt co. after completing my 3 yrs article ship?



Anonymous
27 May 2014 at 12:40

Switching from service to practice

I am a CA with 15 years of experience in industry mainly in MNCs and currently working at senior finance position. Over the years i have gained good experience in all gamut of finance and not i am thinking to start my own practice/consultancy. I understand it will take 2-3 years to establish myself but i feel looking at the the current compliance level in India there is huge opportunities for CAs. I want to start practice in Bangalore. I would like to take expert advice on my thought and how i should take it forward. I will also be keen to join exisiting firm if someone can suggest.


DIVYESH JAIN
27 May 2014 at 12:33

Adjusted refund

Dear Sir,

I have filed an Income Tax return for A.Y. 2012-13 in which I have claimed a Refund of Rs. 80K

Now I have received an Intimation U/s. 143(1) from Income Tax for A.Y. 2012-13 in which they have wrongly adjusted a demand of Rs. 30K resulting into a Refund of Rs. 50K

My question is should I first apply for Refund re-issue for Rs. 50K as I haven't received the Refund or should I first apply for rectification for A.Y. 2009-10 manually and then get full refund.

Does income tax department can pay refund in parts. 50k now and 30k afterwards


charleskeniton

sir,

we manufacturing company paid site assessment fee for experts. This is for to participate in Indian Manufacturing Excellence Awards 2014.

My query is whether TDS is applicable for the fee paid. If so, under section 194c or 194J





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query