there is diffrence in TDS deducted in 26AS and form 16 by Rs 80 because amount has been wrongly posted more by rs80 in tds salary return for qurter ending 31-12-2012 but employer refused to revise the return and saying that if he do so then penaty of rs 200 per day will be levied for furnishing wrong info in tds return u/s234E so how to file return without revising and how to claim TDS form 26AS or from form16.please reply?

I Completed 1.5yrs of my articleship. During this duration i just learned vouching & stock audits.Nothing i learned in my articleship than these two..
ARTICLESHIP was important in CA Career bt ididnt learned much.
Itought to stop doing articles and to go for CA Final coaching for the remaining period and to join articleship in an metropolitn firm for the time between CA EXAMS & final results.
Please suggest me wether to do what iwas thinking or suggest ur ideas to me..
please...

if cash payment made more then rs.20000.00 for other then revenue expenditure,what will be the provision as per income tax act.

dear experts
i received insurance claim of Rs.525000/- for a car costing Rs. 500000/-. WDV in my books shows Rs.300000/-.i do not follow block of asset method for claiming depreciation. how to tax the above transactions.

thanks in advance

Hi all,

I want a query that if a charitable trust received donation which is in cash and exceeds rs.20000/-.

it is taxable for trust or trust will accept this money or not.

pls guide me for the same.

The following adjustment to be made. Could u guide me what are the journal entries to be passed

1. Salaries : 5 clerks @ 2500 basic salary, 2@ sales commission on sales, 1000 hra 2 sales @2000 basic salary
2. depreciaton to be charged at 20@ p.a. for six months
3. Provision for bad debtors -5000

Dear Sir,

Please let me know the difference between
entry tax and entry permit.

Can we reimburse RTO tax from client?
What is the RTO tax policy of Rajasthan?

Regards
NLAV

i have purchased a property prior to 01.06.13 and paid whole consideration in advance however registry in done after 01.06.2013. hence i would like to know whether TDS is deductible on same and if yes then how as whole consideration is already paid...?

Dear Sir,
I want to have your guidance on this issue that my friend has got himself registered with ICAI for IPCC under direct entry scheme. Now as per requirements ICAI, he needs to first complete his ITT & OP before getting enrolled for articleship. he has also got enrolled himself for ITT & OP but the concerned branch has told him that he will be allotted ITT batch in October & OP batch in August. So can he start his articleship before actually completing these formalities as fee for these courses has already been paid to the ICAI.
Please help him as he does not want to waste his time.

Dear Experts,

Ours is a listed company. The Company has not complied with filing of Form 5INV. Now I want to file the form 5INV for the current year and also for the previous years. Can I do the same? Or is it enough if I file the return only for the current year. Kindly advice

Thanks you.