respected sir, i want to ask that i want to made my self expert and want to reply to other. so how i do this....

IF ASSESSEE WANTS TO E-FILE I- TAX RETURN OF F.YRS 2011-12. HIS INCOME IS BELOW RS 2.00 LACS, WHILE TDS OF RS 5000/- DEDUCTED BY EMPLOYER.
QUERY- IF HE FILES RETURN, WHETHER HE HAS TO PAY PENALTY U/s 271F, WHILE HIS INCOME BELOW TAXABLE INCOME, SECONDLY TDS IS ALREADY DEDUCTED AND REFUNDABLE.

SO SEC 271F IS APPLICABLE OR NOT..IN THIS CASE.

SAME QUERY I HAVE FOR F.YRS 2010-2011.

KINDLY REPLY ASAP.

Details are 1.CPT first attempt -150 marks 2. IPCC second attempt -360 marks 3. Final First attempt (AlR 19).Done articleship in a medium size firm,Good knowledge of articleship matters.
How much He expect salary package to work in Pune
Plz help ,Thnks in advance

is it possible to get the revised 80G certificate from the Income Tax authorities saying the trust is valid for lifetime until it is specifically withdrawn.

why because the donor making donation ask for the 80G certificate with lifetime validity.

Can any adult member sign the ROI in the case of HUf even if the Karta is in India.

It is known that according to Sec 140 any other adult member can sign only when Karta is outside India.

Dear CA Club Members,

I want to clarify the computation of Dividend distribution TAX.

Case 1: Where DDT si computed on Paid amount:
Dividend paid to share holder - Rs. 100
Dividend Distribution Tax - 100 x 16.25%
DDT amount = Rs. 16.25

Total cash out flow from Company = 116.25

Case 2: Where DDT is computed on total out flow from Company:
Dividend paid to share holder - Rs. 100
Dividend Distribution Tax - 119.40 x 16.25%
DDT amount = Rs. 19.40

Total cash out flow from Company = 119.40

Which one is correct computation of Dividend Distribution Tax.

And also, Is it compulsory to pay DDT at subsidiary level before transferring Distributable profit to Holding company.
or DDT on Profits can be paid at Holding company level.

Plz help...

Ankul Maheshwari
Sr. Analyst - Corporate Finance

We are a manufacturing firm and have workers on our pay roll. What is the maximum limit of wages after which we have to deduct TDS.

CAN U PLEASE TELL ME
WHERE TDS IS REQUIRED TO DEDUCT RELATED WITH
PROFIT AND GAINS OF BUSINESS OR PROFESSION.
AND REST OTHERS IN A SEPARATE LIST ?

If we are pvt.ltd. co and we are providing material to a contractor and issues instruction to contractor on how to work on the material.Now the contractor issues a bill of 35000 so wether tds u/s 194C will be deducted ?

Dear Sir,

i have taken Central Excise registration on 27-01-2014.
My question is
1. shall i continue the S L no from 287 i.e from existing bill book or new S L No starting from 1 ?
2. I am claiming SSI exemption, can i take the cenvat credit on earlier purchases i.e before date of Excise Registration

Thanks in Advance