CA Abhishek Singh
03 April 2013 at 20:58

Interest on late payment of tds ??

Tax deducted at source in the month of April 2012, May 2012 & June 2012 month is Rs.120/-, 120/- & 180/- and date of payment will be 06th april 2013

i calculated interest as Rs.23,22 and Rs.30/-

i am confused whether my calculation is correct or not ?



Anonymous

My company, a stpi unit, wants to destruct imported capital goods which are around 3 to 10 years old and are no longer required for our operations. can the goods be destroyed without payment of necessary excise/customs duties? if so, under what notification?



Anonymous
03 April 2013 at 19:59

It return notice

Dear Sir,

I am from India. I haven't filed IT Return for the year 10-11, 11-12 & 12-13. 2-3 days back I received a notice that Income Tax department has received information or financial transaction activities relating to you. As per records you do not appear to have filed Income Tax return for the year 10-11 & 11-12. You are requested to furnish your response in the enclosed performa to the undersigned by the post within 10 days.If no reply is received it will be inferred that you haven't filed IT return for the year mentioned above & proceedings under IT Act 1961 may be initiated.

What should I do now? How to reply the notice? What are the consequences of this? What should be done now to avoid any problems?

Please, need your help, suggestions & advice.

Regards
Yash



Anonymous
03 April 2013 at 19:54

Appeals

What is the remedy for the following case?

Reference:Assessment Order AY 2010-11 , XYZ Ltd. Co.

Points in Assessment Order:

1.Wrong Claim of B/F Losses of Rs. 500000
Assessment Order for AY 2009-10 passed on 8-12-11 while return for AY 2010-11 on 13-09-2010, but this point can be conceded.

PLEASE SOMEONE SUGGEST ME TO WHAT TO DO IN ABOVE CASE ....
THE ABOVE POINT IS FROM ASSESSMENT ORDER .

THANKS IN ADVANCE...



Anonymous
03 April 2013 at 19:37

Urgent

Dear Sir,
I went to bank today,to submit form 15G for the AY 2014-15. Where counter clerk told me that format of form 15G has been changed for the AY 2014-15 and it will be submit in triplicate copy.

Whether he saying right or not?

Please advise me.


shaneet
03 April 2013 at 19:21

Service tax on restaurants

Dear Expert

If Restaurants has licence to serve alcohol
but has no air conditioner facilities is service tax applicable?



Anonymous
03 April 2013 at 18:51

Wrong filing of return

I have filled my ITR for A.Y.2011-12 on 21-01-2013.
Later on 3-4-2013 I noticed error in the return.
Error Description:-
TDS credit was wrongly shown in Self assessment tax.
I need to get my refund.
How do i rectify the same?



Anonymous
03 April 2013 at 18:21

Tds applicablity

i already filled tds returns for First three quarters nil & in fourth Quarter two parties exceeds the cut off amount,so my question is 1) i have to cut tds on whole amount or only exceded amount?
2) If i have to pay tds on whole amount then From which date interest to be calculated?
3) is it necessary to revised all three quarters tds returns or should i disclose whole amount of tds deposited in Fourth Quarter?



Anonymous
03 April 2013 at 18:09

80c

what is meaning of tax advantage fund.I have Purchase L&t tax advantage Fund 250000/-



Anonymous
03 April 2013 at 18:01

Examanation held

hello, sir i am direct entry in ca course and i have done orientation course is nov2012, and itt traning is dec 2012, so what sir i am nov 2013 attempt is examanation held in ipcc group I





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