is there any risk of penlty u/s.271f in filing return after the end of one year from relevant financial year if tax payable is upto 500 rs. only ?

I have some shares in a privately held LLC (not listed on any exchange) in Singapore.

How long should I hold the shares after which they will be eligible for long term capital gain (as against short term)

Can Any one plz help me with this. I have error while filling TDS return with RPU 3.8:-

Line No-70.
Record Type-Challan.
Statement Type-Regular.
Field Name-Total of Deposit Amount as per Challan/Transfer Voucher Number.
Challan Details Record Number-12.
Deductee/ Salary Detail No-NA
Error Code & Description-T-FV-3169 Sum of TDS/TCS-Interest Amount + TDS/TCS-Others(amount) + Fee Amount + Total Tax Deposit Amount as per deductee annexure is greater than Total of Deposit Amount as per 'Challan' / 'Transfer Voucher'.

Hi !

We are paying honorarium to visiting doctor. At that time we are deducting professional tax on honorarium.

But our doctor says that he has his own professional tax no. & pays rs 2500/- as professional tax for the f.y. 2013-2014 & he had submitted the challan copy of the same to us. And asked not to deduct professional tax while paying him monthly honorarium.

So our question is that it is correct, not to deduct professional tax because he himself fills up the same.
And next question is that in f.y. 2013-14 professional tax of doctor gets deducted two times so he can claim standard deduction for both the professional tax while submitting his income tax return.

Thanks & Regards,

Amit chawan

1. Can a company give loan to other Co. . The Management is same in both the companies.

2. Can one comany give security Deposit to other company for using its office space.

3. Can a company buy shares in other company whose management is same.Can the directors have shars vice-e-versa.

Hello Experts..
My query is whether Managerial remuneration or incentives paid to directors liable for service tax..and is there is any different provisions for whole time director ,executive director and non-executive, independent directors?

Hi,
I am handling accounts in a pvt ltd company for last 2 months. The Co. formally established on year 2011 as sole proprietorship business, converted to a private Ltd company on year 2012. As on date has not applied for TAN.Company's turnover is 86 lac for fin.year 2013-14. My query is whether company should immediately apply for TAN is co. eligible for TDS?
Regards,

What are the all requirements and procedures for the PAN card of a HUF. And how a new HUF can b incorporated. In short all the requirements and procedures for forming a HUF.

A student from IIT Delhi. Have to register a start up. Step wise strategy and execution required. Please also tell me where to find more or readings ,links, pdf s, etc

Is there any limit to deduct tds in case of transportation charges when the amount paid is small?