chetan ashar
28 March 2013 at 16:09

Claim for winning a lottery or price

Dear sir/madam,

My wife had won a price money in the year 2010 of Rs.1,11,000/- (Appx) from a TV game show. Out of which they have deducted TDS of 30%, which amounting to Rs.30,000/- appx.

Can I claim that TDS amount now?

Kindly suggest...

Thanks,
Chetan


vinita

is documentary evidence necessary for a employer to allow deduction to his employees for tds calculation?

it would be very helpful if you provide appropriate refference of I.T. act.

thanks in advance


shreya chaurasia

Dear all,
Please provide me soft copy of MOA & AOA of Pharmceutical Company its very urgent hope u all consider my request and do the needful asap.
u can send me the same on my id artichaurasia2009@gmail.com


Sudhakar
28 March 2013 at 15:37

Entry for life tax paid for car

We have purchase a car. We have paid life tax for the car for Rs.196640-00. What is the entry for the above. I made the entry like this - is it correct or not please inform us.

Insurance A/c Dr - 54612-00
Other Exp A/c(Life Tax) Dr - 196640-00
Car A/c(Invoice Value)Dr - 1402742-00
Vehicle Maintenance A/c(other parts)Dr-26427-00

IDBI Bank A/c Cr - 480421-00
SFL Finance A/c Cr - 1200000-00

Kindly confirm the above entry is correct or not.


CA Sankalp Patwa
28 March 2013 at 15:23

139(4) very urgent...

One of my friend has filed a wrong belated return under section 139(4). Mistake is because of wrong calculation of interest by the utility we download from the incometaxindiaefiling site. Details are as follows:-

Assessee : AOP

Tax Liability :- 100208 (inclusive of education cess)

Interest 234A :- 154

Interest 234B :- 18576

Interest 234C :- 79

TDS : 97973

Self Assessment Tax :- 21050 (paid because of wrong calculation)

Due date of filing of return :- 31/07/2012

Date on which return filed :- 26/03/2013

After filing the return he came to know about this mistake in calculation of Interest u/s 234B (correctly it is 110 only). Now this return cannot even be revised as it is belated .....


Is there any possible action or remedy in these circumstances ?


Nitin Panthri

Dear Experts,

Greetings!!

Please tell me the definition of work contracts under VAT laws. Whether these have been changed to include Movable Properties??

Since we need to deposit service tax on Repairs & Maintenance on movable properties (provided these are covered under Work Contract) hence issue comes whether liability to Deduct WCT arises??

Please, waiting for the quick response.

Regards, Nitin



Anonymous
28 March 2013 at 14:13

Loan taken from

Can any one advice me on this
A public Ltd has taken a loan from One Pvt Ltd company.
is it required to issue a share in Public Ltd to this pvt ltd company in order to regulerise the transaction?
Is there any specific requirement under companies law to be complied for this transaction? kindly let me know wht are the section attracting in this case for public Ltd and for Pvt Ltd.



Anonymous

Dear Experts,
profession tax is deducted every month RS. 200/- for an employee. And the whole year total should be 2500 Rs.
My enquiry is what should be position if any employee gone on leave (without pay) for one or two month?
Is this total should be 2500 P.A.?
Is total be compulsory to be 2500 even if work period is less than 12 months?
What should be position in case employees has joined in between the year


Ganeshbabu K

PLEASE SOLVE THIS URGENTLY...

WHILE FILING INCOMETAX RETURN

WE HAVE WRONGLY QUOTED PAN NO. OF DONEE DETAILS IN FILLING 80G COLOUMN IN INCOMETAX RETURN

WE HAVE FILED RETURN TODAY,AND THIS RETURN IS FOR A.Y.2012-13,..

PLEASE GIVE ALL POSSIBLE SOLUTIONS TO SOLVE THIS


M.M Sachora
28 March 2013 at 13:22

M.com

Sir my articleship start 10/09/2011 and my M.COM Sem-1(External) start from 09/01/2013 but i do not show M.COM in the respective form because i had not start M.COM when my articleship start and i steel not inform to ICAI for M.COM So Is there i face any problem in future ?
please give suggestion for above matter that what can i do at now ?





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