We paid to Vendors Rs. 31460/- including Service Tax (Rs. 28000/- AMC + Rs 3460/- Service Tax) kindly suggest me we deduct the TDS on AMC Charges or not

Car Value (Fixed Asset ) = 62930
Interest = 6846
Down payment by Cash = 12590
Balance 57186 as loan
Monthly EMI of Rs 1191 which includes interest
First month installment 927 + 264 = 1191
Second month 923 + 267 = 1191

Kindly describe which are all the accounts need to create under which heads. in tally

Dear sir,

Can I charge depreciation As per Income tax while closing the company book.Is there any mandatory provision related to depreciation.

Dear Experts,
While applying for a service tax number, some how I was provided with 2 account numbers by the authorities in a gap of few days.
I started using one of the ST number that I got and did not use the other one at all. By mistake for the last 2 quarters the ST payment I made was done in the non used ST account. Now the problem is
1. The collection of service tax and the payment are in 2 different accounts.
2. How should I file the ST return already due.
3. Can the payment of ST be transferred to the other (used) account given that both the accounts are in the same name.

Help and guidance required.
Thanks
Saurabh

Hi,

Do the individual need to get audited under section 44AB in the following cases?

Case 1- An individual have invested more than 1 crore rupees in the share market through a broker.

Case 2- Net sale value of this individual is more than 1 crore. (Net sale value=Sale Value - Purchase Value).

After doing some reading i have noticed that the above individual need to get audited only if this trading is in the nature of business otherwise gains from the sale can be taxed under the head Capital Gains.

Under what circumstances this trading of shares in share market through broker will be considered as business?

Hi

I am working as a Sr Manager in a company and i was planning to open a new business and for that i planned to register my company as a proprietor . My CA register my company and also applied and generated Service Tax ID .As per him i am liable to file tax return and everything but somehow i did`t start my business ,that plan has been cancelled .Still i am working as Sr Manager . I want to know about my service tax registration , How i can cancel that and If my CA has cancelled that how i can verify that .

Please i need answer of this question .

Thanks

sir/mam,
in sec44AA it is specified that for specified profession maintenance of accounts is necessary , if the gross receipt in all the 3 preceding years exceed 150000 ,what will happen in case if profession was started 2 years ago

difference between pledge , mortgage and hypothetication

1) Can the sale proceeds of a residential property be invested partly in bonds and partly in purchase of another residential house in order to save tax on long term capital gain.

2) If yes whether the whole of the sale proceeds have to be reinvested.

3) If not then what part of sale proceeds is to be invested to save tax and what about the remaining part. Is it to be kept in savings account and will it be non taxable.

I didnt filed my ITR of A/Y 2012-13.
There is an option of A/Y 2012-3 when I login to income tax website.
Can I submit my return till now?
And under which section should I file my return?
Please reply as soon as possible. Thank you.