Anonymous
05 June 2013 at 11:33

Tds

Hi, if salary of an employee is Rs. 50,000/- p.m. Then how much amount deductible as TDS?

Please help me in this.

-
Meera



Anonymous
05 June 2013 at 11:33

Payment for software outside india

Our Client has purchased a software from a foreign company to sell the software in India . what is the nature of payment to foreign company. does our client needs to deduct TDS under DTAA ?

Thanks in advance


priyesh
05 June 2013 at 11:32

Articleship transfer in 2nd year

i m in 2nd year of articlship and i would like to take transfer on the ground of shifting to another city.... what document to be submited to satisfy the reason of transfer



Anonymous

Whether Signboard is included in Fixed Assets or charged to P & L as an expenses?



Anonymous
05 June 2013 at 11:26

43b

VAT of Last year i.e Oct 2011-March 2012 is paid in the current year i.e April 2012 so can we claim the expense in the Current year i.e F.Y 2012-13 ???



Anonymous
05 June 2013 at 11:23

Sea fright

Dear Sir

Whether Sea Freight paid will be covered under Goods Transport Service ? I think sea fright will not be covered under GTA but I am not sure



Anonymous
05 June 2013 at 11:22

Provision for doubtful debt

End Of the year, say 2012 we create bad debt provision in this manner

1.) Doubtful Debts dr
To Debtors a/c Cr.

2. Bad Debts A/c
To Provision for Bad Doubtful A/c

In the same year, we transfer the provision created for earlier years upto 2009

Provision for Bad Doubtful a/c
To Doubtful Debt

So basically we are first creating provision and it is fully written off in subsequent years.

So if someone is questioning which year loss is written off, will it be 2009 or 2012



Anonymous
05 June 2013 at 11:16

Tds on immovable properties

Dear professionals please advise me.......
One of my client have purchased the property and make the payment of Rs 30 Lacs in previous year but there were no transfer of property because the property were under construction, now he will pay the balance payment i.e 25 lacs on 20/06/2013 including service tax and the possession transfer to him, now suggest me whether he should deduct the TDS or not?????????????
what would be the amount on which TDS should be deducted????????????????


KS ANANTHAMURTHY
05 June 2013 at 11:15

Ca final

Dear Sir,

I have completed my articles long back. I have cleared Ist group of intermediate. Now, I have written Unit Papers. If I get through the units, I will be completing the IPCC. Am i eligible for the CA final exam for Nov 2013. What is the proceedure.


Praveen Kumar K
05 June 2013 at 11:01

Works contract

Dear Sir,
1. A person assembles three components into a weather forecasting machine and installs it in governments premises by cementing it.
2. Can the above be covered under entry 12 (a) of M.E.N 25/2012 as Services of construction of original works meant predominantly for use other than commerce. (OR) is it manufacture and accordingly Excise Duty has to be paid on it.





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