Anonymous
02 August 2013 at 13:44

Itr-1 or any other form

Mr P is in employment with ABC Finance Limited, a leading Commercial Vehicle Loan Lending Company.
P is in receipt of income from company. The company deducts TDS under Sec 194J (Fees for Professional or Technical services) out of amount due to him.
Is it possible to furnish the income of Mr P in ITR-1? If not then in which ITR Form.

Thanks in advance



Anonymous

It is learnt that there is no TDS on interest income of Recurring deposit, however at the time of maturity the tax is payable. Now the question is whether the bank will deduct the tax at maturity or we have to pay it at our own. In case it is to be paid at our own. Whether we can add interest accrued of each year to our income and pay tax and in the year of maturity, pay tax only for the interest accrued for that year i.e. for the last year. Please advise suitably.


Pravin
02 August 2013 at 13:21

Name on purchase bill

Sir,
My query is that, I have purchase material on name of my A company, but by mistake I have made cheque payment through my B company.This transaction took place in previous year in month-Sept 2012. We are having Mercantile accounting system. Now I want purchase bill to be on name of B company from my purchaser for audit purpose, whether this is possible? Tell me what is the solution for accounts purpose.
Thanks,
Pravin.


CA Vipul Jain
02 August 2013 at 13:19

Input tax credit

sir

Can A work contractor paying service tax by availing abatement @ 60% for material etc. take ITC. on all other input service like banking, telephone, insurance,or he is to restrict himself by taking ITC of services which he has used for providing that particular service in which he is registered.


Tanuj Kukreja
02 August 2013 at 13:17

Best author of ca final books

Please Tell me best book for CA Final Costing, Isca, DT & IDT ( for self study)


Luv Khanna
02 August 2013 at 13:08

Avoid excise

We are getting our Herbal / Ayurvedic product manufactured on third party contract mfg and then sell it directly to the exporter.

Kindly let us know how to avoid excise on the goods to be dispatched coz 3 parties r involved.

We (product owner), the manufacturer who is manufacturing our product and our buyer the exporter.

What procedure we should follow.
Your valuable advice will be highly appreciated.

Luv Khanna
09819943349



Anonymous
02 August 2013 at 13:07

Sale of property

Dear Expert

I have purchase a property and file 26QB form for deposition of TDS 1%.

I am individual and not having TAN

how can I get form 16B


Ganapati
02 August 2013 at 13:06

Ito ward in itr

Hi,

What will be the ITO Ward to be mentioned in below case :

Salaried employee residing in Bangalore and working from Bangalore, having the office in Mumbai (TAN also starts with MUM)
There is no office in Bangalore.



Anonymous
02 August 2013 at 12:56

Regarding campus nd job

i cleard my inter pcc nd articlshp about a year ago.. i didnt go for ny attempt in finals till.. i want to get job through campus..

should i go for one group attmpt in nov 13 or both group in may14.
what all things matter .. exactly giv true picture.


Sandeep V Anand
02 August 2013 at 12:49

Tnvat & cst

Hi Sir,
I had filed the TNVAT & CST returns properly. But there was some error in my VAT return, and I was unable to download the FORM C & F. How to revise the TNVAT & CST return online ?
Please guide me.
Sandeep






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