Anonymous
09 April 2013 at 15:23

Articleship

One can take transfer during his first year of training only but is also mandatory that the new articlsship has also go be taken in the first year only?? I have a fracture in one of my legs and can't continue with training for some time soo I'vetook the transfer but the new training will take some time. Meanwhile the first year will be expired. Kindly guide me on the same


Khushi

Sir/ Ma,am,

If we pay past years rent in lump sum in previous year than is this payment is allowable expenditure in calculating income for tax purposes.
Please give your advice.

Thanks


b.sharma
09 April 2013 at 15:10

Demand notice

Dear Sir,
I have filled My ITR for the assesssment year 2012-13 and self assessment tax deposieted in Time. Due to clerical mistake Challan no & date written incorrect in ITR.
Now i should be revised return or reply to Local Income Tax office with Photocopy of challan.

Pl. Help.


Vishal Agarwal

Hi Experts, Please Help

How to Identify at what Price will be the Excise Applicable

For Example
Product is Bag = Cost is 1200 and MRP is 2400/-

if i have to Transfer it to my Branch on wht Value will i have to Pay Excise

if i have to Transfer to Third party with 20% Margin on What Value will i have to Pay Excise.

Please Help Urgent


Sabareesh
09 April 2013 at 14:56

Tax on catering services

Sir,A manufacturing company is providing food to the employees through canteen.He charged the bill as follows:
Food- 12,000.00
Service tax @ (12.36% * 50%)- 741.60
Gross- 12,741.60
Add:VAT@ 14% (on 12,741.60)- 1,783.82
Total- 14,525.42
Is he correct in doing so? Otherwise how much service tax & VAT company has to pay?



Anonymous

Dear Sir/Mam,

Our Company Software Development Export Company, Vat and Service Tax Not Applicable. We have purchased FIXED ASSET without VAT, It shall be Treated as Fixed Asset.

Regards,
Venkat



Anonymous
09 April 2013 at 14:35

Negative income

my total income for the FY 2012-13 is approx 3,50,000 completely from salary. during month of Aug 2012, I resigned from the service of my former employer i.e. a PSU and as per terms of employment, I had deposited 1.50,000/- as bond amount. My query is that whether I can claim this amount as a negative income as a loss in salary for purpose of calculating total taxable income. whether any provision is available under the law.


SRI LAKSHMI.V
09 April 2013 at 14:22

Tds deduction

The monthly bill amount is Rs.12360/-. The contract started in Jan 2012. So in the year 2012-13, the amount paid to the Contractor doesnt exceed the limit. But March bill is paid in April, will TDS be applicable for March bill?

Kindly resolve my query.

Thanks in advance



Anonymous
09 April 2013 at 14:03

Agm

Company had convened a AGM with a short notice & proceedings of the said meeting were conducted & necessary resolutions were passed. Would this be a valid meeting? If no, then would all the proceedings be void ab initio? Is there any provision under the Companies' Act to compound such offences if the meeting falls short of the statutory period & the Company has not taken any steps to rectify the defect of the notice period. Esteemed opinions are welcome with relevant case laws if any.


Priyanka Mahajan
09 April 2013 at 13:58

Stamp duty for company incorporation

I used the facility pay later for filing form 1 for company incorporation. Now i have paid incorporation amount of Rs. 4800/- but now its pending because of non payment of stamp duty. Now ma question is how should i pay stamp duty online.

pls its urgent





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