Asha
16 May 2014 at 14:20

C form query

Hello Sir,
I want to know that Company can issue C form at Quarterly / Half yearly / Yearly.
or is there any limit or restriction on...
pls guide

Regards
Asha


Sahil
16 May 2014 at 13:35

Tds on interest in huf

Respected Sir,

i have an HUF named ABC. I have unsecured loan. plse tell me is it mandatory that interest debited on unsecured loan if the party does not want.

secondly if interest debited is it mandatory that tds dedcuted on interest?

it's urgent .


Gokul Sharma
16 May 2014 at 13:12

Diff rate of excise input

CAN WE CONVERT EXCISE INPUT @ 12% IN EXCISE INPUT @6 % BY TRF A ENTRY 6% DEBIT TO 12% CREDIT...WE HAVE ONLY 2 ENTRY OF EXCISE INPUT OF 12%...HOW TO SHOW IN EXCISE RETURN ALSO ...PLS GUIDE ME SIR


ARCHANA
16 May 2014 at 13:09

Intimation u/s.143(1)

sir,I had declared profit Rs. 1,26,120/- and tax paid and filed return for the asst year 2013-14 and acknowledgement received , now I had received intimation U/s.143(1) as per cpc they are showing profit Rs.7,64,266/- and showing demand of tax 2,30,830/- why they are increased profit I am not understanding how to rectify this plz help me in this regard how to know why this profit increased.



Anonymous
16 May 2014 at 12:37

Disqualification of audit firm

Can an employee of an audit firm be a shareholder of the company for which the same firm carries out audit.


Ritu Raj
16 May 2014 at 12:09

Penalty depositing code

A client of ours who is a Service Tax Assessee paying service tax on four services under Reverse Charge Mechanism, is filing his return late for the period Oct 2013 to Mar 2014.

So, I wanted to clarify that the Penalty which he would be required to deposit will be under the Penalty code of which service.



Anonymous
16 May 2014 at 11:49

Notice from traces

Dear All,

We have received notice from Traces for demand of Rs 10 k for late filing of TDS returns and short deduction of TDS.

We have paid the amount alredy in full? now is it required to reply for that notice or should I simply ignore as I have paid TDS amount ??
Can any one share the format of the reply notice also to department.

Regards



Anonymous
16 May 2014 at 11:40

applicability of taxes

Hi.....
My one client Partenership firm get a contract of Approx. of 2 crore.

He will do only RCC Labour work ... its a totally labour work contract for doing only RCC Slabs of one huge building ....

He is also like to give the same work in sub contract.

How many taxes he will have to pay & at what Percentage like service tax & tds etc....

Please give ur inputs ......


Priya
16 May 2014 at 11:27

Excise duty on job work

A proprietorship enterprise carrying on Construction business, through a contract manufactures solid cement blocks for the purpose of construction and does not sell out those manufactured solid blocks. The raw material for manufacturing the block is provided by the proprietorship itself but the machinery used for such manufacture is owned by the contractor.
Please clarify whether excise duty is applicable for the proprietorship enterprise for such manufacture and is there any service tax liability for the same in the given case


Ritu Chauhan
16 May 2014 at 11:23

Personal loan

An individual, who wanted to start a business but for want of past balance sheet and IT Returns, he couldn't avail business loan. However he obtain personal loan and the proceeds were entirely used for the purpose of his new business. My question is can he claim deduction for interest on this loan in P/L account ? Also whether this loan can be brought as business loan in his balance sheet ?






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