we r receiving penalty notice for late filing of tds quarterly return.is there any technical thing to avoid and what id the time limit to issue notice

Can please any one tell me how is condominum in india treated under incometax act....

Sir

I have a doubt regarding the latest fema notification. the latest notification says

"In the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000, (Notification No. FEMA 20/2000-RB dated 3rd May 2000), in Regulation 2, after the clause (iv), the following shall be inserted, namely:-

“(iva) 'Group company' means two or more enterprises which, directly or indirectly, are in a position to :
exercise twenty-six per cent, or more of voting rights in other enterprise; or

appoint more than fifty per cent, of members of board of directors in the other enterprise"

In the Notification No. FEMA 20/2000-RB dated 3rd May 2000), where does this apply. is it in the definition given"

Thanks

we are a trading company and we sell steel balls to end manufactures and they ask us for excise bill. for this excise bill did i have to register for excise no and there is a procedure in customs to pay custom duty as excise or somewhat like that so if i give my buyers excise bill they pay me excise tax did i have to submit it to government or i will keep it with me if submit to the government will it be refunded or the excise i pay in custom will that be refunded
please explain me the whole procedure i don't know anything clearly

An assesse purchased the property on his mother's name by loan but the loan borrowed by him. Assesse can't get the deduction u/s 80C. 1).How he can get deduction? 2).If the property transfers by gift by mother to assesse then he can get deduction or not?

co. has formd in 2008 and no roc returns has been filed yet...but whn crosschckd on mca portal it shows last 2 yrs returns r pending and showin as company is active in dat case.... only 2 yrs returns can b filed wherein major issue is appointment of auditor...as in d CA who has been askd to audit d co has recvd his COP last year... plz suggest wat can b done and wat shld b d procedure to appoint auditor n whom?

sir kya partners ki capital per jo interest milta he vo partner ki income hoti he or jab vo apni personal return file kerta he tab vo salary + interest on capital dono ko show kerna perta he

Need clarification on taxation process for a barter transaction between two companies through a corporate barter exchange.

1. In what manner the amount of tax to be charged by the seller, as he is not suppose to get the money but will get other goods & services in exchange.

2. How buyer should deduct the TDS?

3. How a corporate barter exchange through which this transaction has been processed, will charge for his service and applicable rate of service tax for the same.

where to invest according to current indian market

if share is purchased on 02.04.12 and demat on 12.08.12 then for long term purpose which date shall be considered as date of purchase