Dear CaclubIndia
excess input credit is 5000/- for f.y.2012-13
can i use this input cr.as set off against my vat payable for f.y. 2013-14.if not what to do with this 5000/- ????
since its less than 1Lacs i cannot claim refund.
how long/hw many years can i use this excess input.or i can't use in the subsequent yrs.in case if Trading Co.in pune
thnx

I have wrongly taken tds as 15000 instead of 20000 and interest as 10,0000 instead of 5000 but the total is same 25000/-.
how can i make such changes in amt of TDS as well as interest in case of E-payment of challan.
is there any time limit for making such corrections?

Hi, I want to know if a person who is earning only exempt income requires a Pan card or not.??

and also if a person's only income is from a partnership firm which is exempt and has no other income does he need to obtain PAN card???

thx

Sir/Madam,
Karnataka VAT.
An enforcement officer visited our premises for a different assignment.
After ascertaining the details for assignment he inquired for other issues also.
Now whether he has the power to do so?
He inquired for the C forms.Now Maharashatra state is not issuing the C forms timely.
The officer enforced us to pay the differnce of tax for not having produced the C forms.
Now as the C forms have been submitted can we adjust the amount paid by us in our monthly return?The audit is in process for the same period.

Dear sir,

This is to inform you that we cut tds and paid the same in stipulated time .We filed last year tds return(4 Quarters) on 20/07/2013.Now we could know from auditor that we will be fined for late filing of returns.Unfortunately we were not aware about this matter. We have not received any intimation letter from concerned department. Please tell me sir whether we will be fined and is there any chance to appeal?Whether the circular will be repealed.

Regards
Shyamlal.K

Hi i'm in a big dilemma I'm dng both CA(ipcc) & CS(execut.).But i want 2 quit CA aftr cmpltng my IPCC & i want 2 continue CS course. I'm 21 don't have any degree i'm behind all my batch mates. As it s became late & they pay very less in CA articles,i want 2 do CS with CMA.Is CA & CS is better r CS & CMA. Am i gng in a r8 way plz suggest

Sir
We r working as contractor under nominee works contract committee and tds cut under there pan .how to get my tds amount to bank a/c.plz tell me procedure for that

Is capital receipt taxable?
A ltd recd MONETARY PENALTY by its supplier as the supplier had not completed the construction of its PLANT/Factory and their initial contract stated that in case constrction is not completed by particular date, 10 lakh rupees wud hav to be paid. Such damages are thus CAPITAL RECEIPTS in the hand of A Ltd. How will this be taxed? In cap gains or other income? or not taxed at all being a CAPITAL RECEIPT????

Dear Sir My Clint received Rent from Airtel Tower Compnay, and the company deduct a tds, where should i show the income, as a house rent income , Business Income or Income from Other Sources, Pls help me


Can I deduct standard deduction @ 30%

my question is , can i appear for ipcc not completion of it training and or orientation.
2 nd question is , after passing ipcc 1st group , i can start my article training or not.