Dear Sir,
Suppose first payment during the FY was 28000/- and deductor did not deduct tds assuming that it would be single transaction with that person. However, after 5 months there is a second payment of 15000/- made in the same FY.
Now please advise me, whether the deductor should deduct tds only Rs. 1500/- on Rs. 15000/- u/s 194j
or
this time he should deduct Rs. 4300/- from the payment of Rs. 15000/-

Please clarify.

HELLO,

UNDER WHICH HEAD PEN DRIVE EXPENSES SHOULD BE CLASSIFIED?

OFFICE COMPUTER FORMATTING EXPENSE SHOULD BE UNDER WHICH HEAD?

REGARDS

Dear Sir,
I Have filled all the tds return for the FY 2012-13 But The Return for the Q2 & Q3
are unmatched. So What Should I do in this case
1. Can i File Revise Return
Or Anything Else

Thanks & Regards,
Dipak Sonawane
8390924115
dipaksonwane01@gmail.com

Dear Sir/Madam,

If a trust receives donation to purchase books & say Rs.50/- is the donation amount for 1 book and the trust spends Rs.100/- for each book, then while valuing inventory of books, what should be the value of each book?

Should it be Rs.100/- per book or Rs.50/- per book?

Kindly elucidate with reference to AS-2.

Thanking you in advance.

Dear Sir,
Suppose a father gives a cheque of 15 lacs as a gift to his son. Whether the gift tax will attract in above case? And what is the threshold limit in gift tax provisions.

Please advise me.

I have no taxable income. I have no PAN. Can i file IT Return?

Sir,

We have filed our TDS return for IVth qtr. f.y. 2011-12, TDS liability u/s 94J arised in audit, due to some reason we have not deposit the same till today. If we deposit the same today, what is interest liability (Bill amount 202700, dt. 31-01-2012)& whether we revise our TDS return for IVth qtr. 2011-12.

Experts are requested to guide me to what to do?

Thanks a lot in advance.

Hii Everyone!!!

I am in an urgent need of reply on the following topic. Please suggest me for the same.

Doubts:

1. Can an article be transfered form one principal employer to another on the will of the principal employer alone? and without any specific reason relating to the article, but just for the sake of internal arrangement within two friendly firms?

2. Will this not lead to a lapse in an oppurtunity of transfer during the first year of articleship of the respective article?

3. And if the article doesnt agree, does the employer have any right to compell him to leave the current organisation, where he is working, permanently and take a transfer to any other firm on standing instructions from the respective principal employer?

Please reply urgently as it is a current matter.

Thank You!!!

one of my client has his physical challange daughter. and he has created one viklang account in her name. now my question is bank interest in her account will be shown in her father return in A.Y. 2012-13? Please ans.

Hi,
I know about service tax being charged by the A/c Restaurants Serving food at about 4.944% which is as per the Service Tax as per the budget. But I would like to know 1 thing.
There are shops like KFC, Mac Donald and other having outlets at a Mall's Food court, these are just outlets and not Restaurants, but they do charge Service Tax on the amount of purchase. Are they correct in charging Service Tax ?