we had arranged a party in The Taj Mahal Hotel. we have received the bill of food in which the hotel has levied service tax vat and other taxes in total amounting to 38.8% .The bill amount is of Rs. 129700. whether we as a compamy required to deduct tds on such payment. If yes under which section??

Can we draft a agreement for indefinite period which can be cancelled only by a notice of say xyz month....Whether the agreement shall be valid & acceptable in such case?

Dear experts, I want file ITR4 for professional income but in the website of incometaxindiaefilling.gov.in there are not showing option of ITR4 to file Quick Filling ITR. There are shows only ITR1 & ITR4S. Kindly suggest how to file online return filling of ITR4.

how to write letter to sales tax for adding commodities for vat cst reg

Is interest/penalty leviable if TDS return of Quarter 3 of FY 2013-14 corrected in april 2014?

Is advance given to meet business expenses adjustible with salary payable if excess of such advance is left?

Dear All,

There are two brothers carrying on a teaching activity jointly under one name.so whether it should be treated as partnership firm?

What if we don't want to treat it as partnership firm.Can we treat it in individuals name by entering into MOU??or any other options we have???

A company was incorporated in Nov'13. The director haven't put any capital into the company . If we prepare the balance sheet for Mar'14. we have to Dr. Share capital receivable and Cr. Share Capital,
1.Do this Share capital receivable represent loan give to director ,
2.Will it attract penal provision of new company act for giving/taking loan to director,
3. Can we prepare 18 months balance sheet to avoid this.

Being a company , we are to make a payment for professional services to U.K.
UK company do not have PE in India.
Whether we are to make TDS on this payment or not ?
As per DTAA this is exempted from TDS after submission of TRC by UK company but even after submission of TRC whether we are to make TDS @10% as per 115(a). IF we are to make TDS then how we can deposit it because the UK company do not have PAN of India.

Regards,
Sanjay Chauhan

Hi,

I have short term capital loss during the last 3 years. I have not included those during filing of returns.

now I had short term capital gain in current year, can I set off those pervious year loss by filing revised returns.

by what time I should file those revised returns