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Anonymous
11 March 2014 at 12:54

Tds on rent

Dear Sir,

My client has started a new business, the rent payment is Rs. 2,55,000/- p.m., and its turnover is below 1 cr., then TDS on Rent is applicable or not?


ramanamma

Hi Friends

purchased cash counting machine
is it comes under fixed assets category
Office equipments or plant and machinery or under any head.

plz specify
is it liable to depreciate .


Sagar Maheshwari
11 March 2014 at 12:45

Extension of registration for cs

hello sir/Mam,
My CS registration expiring on may 14, I will be appearing for 1 group of CS final this June 14 and remaining 3 in Dec 14. my question is whether i have ti re validate or extend my registration or i can give June 14 exams.
Thank you.



Anonymous
11 March 2014 at 12:30

Money from nri

dear all

my brothers are sending money to their family through my Bank Account, and this finance year it crosess Rs 10 lakh, how can i convince IT depatment if they put a notice to me, and what documents tobe kept by me



Anonymous
11 March 2014 at 12:24

Partnership act

If a new partner is admitted in partnership ,is it necessary to get the accounts revalued at the time of admission? whats the position in case of death of partner? is there any provision to get accounts revalued?


Rakesh Sharma
11 March 2014 at 12:19

Tds applicability

Dear Sir, Our directors have visited from Delhi to Hyderabad for business purpose. After this visit, we have recd. 1 invoice of Air fare of Rs.31280/- & 1 invoice of Hotel (night stay) of Rs. 7500/- from travel agent (Proprietor concern) as per detailed invoices :-
1) Air Fare :-
i) Fare : 26849.00
ii) S.Tax : 168.00
iii) Void / Tax : 4263.00
------------
Total 31280.00
------------
2) Hotel Exp. : 7500.00 (consolidated bill) My question is that, should we deduct TDS while credit the above mentioned invoices, if yes, on which amount.

Its urgent,
Please advise
Thanks.


Abhishek Kumar
11 March 2014 at 12:17

Parner's salary

Dear Experts,

1. Is it mandatory for Partnership Firms to be audited ?

2. Is it mandatory to file Loss Return ITR-5?

3. If the Firm is audited, then what will be the due date of filing return for the Individual Partners ?


Thank You.



Anonymous
11 March 2014 at 12:16

Income tax deducted u/s 194j

Is income received u/s 194J is taxable under Income Tax laws?
194J specifies 'Fees for professional or technical services'.
Total income received u/s 194J during FY 2012-13 is Rs. 70600/- only. If taxable, how much Income Tax should have been deducted?
Thank you.



Anonymous
11 March 2014 at 12:06

Company law

Dear sir,

Please inform what is rate of stamp duty on transfer of share(How much paid on transfer of share of the face value of rs 100 and how it is paid i.e. the mode of payment)

Face value is 40000



virendra vinayak topkar
11 March 2014 at 12:03

Additional depreciation

as per maharashtra state government power purchase policy new wind mill set up during 13-14 are eligible for unit selling rate of Rs. 5.81 per unit if such unit does not claim the benefit of additional depreciation. & if unit claim additional depreciation the rate will be 5.46 per unit now my question is whether this restriction apply to particular method of depreciation i.e. straight line method or wdv method.






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