Dear sir
1-we are a company
2- amount credited 30.11.13
3-TDS deducted as on 30.11.13
4 TDS deposited after due date means 09.12.13
QUERY

HOW TO CALCULATE INTEREST ON DELAY TDS,(HOW MUCH DAYS CALCULATE FOR INTEREST) OR WHAT RATE OF INTEREST TO BE DEPOSITED
THANKS

I have paid interest on loan taken from bank. I also have income from FD interest which is shown in Income From Other Sources.
Can the interest on term loan from bank be claimed as expense against interest income from bank fixed deposit u/s 57?
Thanks in Advance!

For the FY 2013-2014 50 Years Male
Gross salary 613436
CA/TA 8400
PT 2500
80-c LIC 100000
80-E Interest On Education Loan 40000
as per my knowledge tax and Ed. cess is 23892
my friend knowledge tax and ed. cess is 21892
there is controversy between new sec 87a
above which tax calculation is correct or wrong.please clarification sec 87a and tax amount.

Thanks

Dear Experts,

I need to form a trust.I need to know following:-

1.Fee to be charged under Indian Trust Act and the time period
2.Fee charged and time limit for getting 80G Registration and Section 11 Registration.

Kindly revert asap.

Thanks

how is tds charged on transport busines i saw 26as of one my client in which some has deducted tds and some has not , why so ?? , i saw his bank statement collection was around 26 lakh but in 26 as amount credited/paid was only about 8 lakh how could it be possible . i want to know how road carrier business works.

My friend's father wants to create a HUF. he has no Father bt he has only mother.

can he create HUF? in deed whose name he write as Gift received from ____ relative.?

Is deed required to furnished on stamp paper or Frenking on it? if yes, then upto which Amount of stamp/frenking required?

Dear Experts,

I have paid Salary to staff as under :

Basic 50000
HRA 15000
Trpt. All. 5000
Total 70000
TDS 5000

Please confirm, at the time of filing of our TDS Return Form 24Q for the same, which amount enter as ‘Amount Paid/credited’, Rs. 70000/- or Rs. 59200/- (after allowing deduction of HRA 10000 and Trpt All. 800).

Thanks in advance.

can any one give what is procedure to be followed to allot shares to non resident?

Dear Experts,

I need to form a trust.I need to know following:-

1.Fee to be charged under Indian Trust Act and the time period
2.Fee charged and time limit for getting 80G Registration and Section 11 Registration.

Kindly revert asap.

Thanks

Dear Sir,
Our company is engaged in manufacturing activities filing Central Excise Return (ER1). We are paying Service Tax on 25% of bill issued by transporter(GTA). we would like to know in which month we can take credit on service tax paid, ie, in the month of bill or in the month of actual payment.
Should we follow accrual basis or receipt basis for claiming cenvat credit on account of service tax paid under reverse charge mechanism.
Expecting Immediate reply
With Regards
SHIJITH C