sir, please tell me what is the meaning of tax credit ?
"TAX CREDIT OF RS 2000/- " what is this ?

Good morning sir,
One of our friends client has paid full bill money(including TDS) and later TDS amount also submitted as per rules to the department eventhough they didn't deduct TDS on behalf of our client.They(our friend) has no chance to raise bill money and now how she she account for the TDS amount in Accounts. Please can you answer me as soon as possible...
Thanking you sir/madam for sparing time for my sake...

Dear Sir,
We are 5 directors of a private limited company. We are all taking directors remmuneration on monthly basis. Now I have few queries on the same.
1. Is there any executive or non executive directors. What is the meaning of the same.
2. Do we need to pay service tax against directors remmuneration. Which category of directors need to pay service tax and how much is the service tax.

Hi sir,
please provide ca final RTPs From May 2009 To May 2013. My email id: srinureddy716@gmail.com.


Thanks in advance .

Can a Partnership Firm lend to a Pvt Ltd company where a the Partner is the Director and holding 50% of shares

Sir,

If a assesse wants to do trading & marketing of goods(Batteries, lubricants) in his brand name, by giving manufacturing on job work basis to a manufacturer.

For eg.

Mr. X(Trader) came with a contract with MR. Y(Manufacturer) to manufacturer goods in the brand name of MR. X.
Where the goods will be marketed by Mr. X
The liability of excise is on whom?

Dear Sir,

I cleared my CA final in 2011. I had taken COP (certificate of practice). But to my personal problem I had not started my practice. But from 2 years I am paying membership fees and COP fees. I dont want to cancel my COP. So what should I do.

Thanking you.

A ltd has provided bonus expenditure of Rs. 10 lacs as on 31.3.13 and is payable as on 31.3.13. A ltd is covered u/s 92E under specified transactions and therefore the due date u/s139(1) of filing of return is 30.11.13. The return of income for AY 2013.14 is filed on 6.9.13 after disallowing the bonus provision of Rs. 10 lacs. The bonus will be paid by A ltd on 25.10.13 and will be claimed as allowable expenditure FOR AY 2014.15 on payment basis as provided in section 43B.

Whether the assessing officer will disallow the said expenditure of bonus for AY 2014.15 on the ground that the expenditure pertains to the Previous Year 2012.13 and should have been claimed for AY 2013.14 as the bonus payment is made before the due date of filing of return u/s 139(1)i.e.30.11.13.

What all as is applicable on company having turnover more than 50 crores?

our is public ltd co we have deducted TDS on contractor for comapny & firm deductee @1% i.e short deduction of 1%. whether such amount is disallowed under income tax. If we paid before the due date of efiling retrun whether it is admissible.And if we paid the same before the due date of efiling retrun in which year we have to shown the same in quarterly eTDS return. pls guide