Dear All,
A private ltd. co. has been scrutinized by AO
for the year 10-11 and disallowed advertisement exp Rs. 5 lacs due to not making the provision of TDS. and now in march 13 the tax on such disallowed expense has been paid this year.
now , how to make the accounting entries in this year? please give the full accounting entries.
whether that expenditure will be considered as prior period items?

Dear sir I have taken a home loan From bank but possesion not received till date can i take a deduction of laon interest amount in income tax return. Thanks Dheeraj

Last Date of final registration of CS has gone. Now I want to register for Dec-13 then what is the procedure?

Mr. X is a non resident Indian. He sells an immovable property in India. What will be the tax treatment ? Whether he will get the benefit of indexation ? And if he is eligible for the benefit of indexation, then whether LTCG will be charged at:

1. 10 % without indexation
2. 20% with indexation.

Please advice. Its urgent.
Thanking You

Dear Expert,
Which Form to be used by SSI unit(Availing benefit of Excise notification of exempted value based clearance ) for filing Excise return of Goods sold another Brand name. Currently we are filing the same in ER-3, but our lawyer asked us to file in ER -1 but I am not convinced with the same

Thanks

What is benefits under this act n which business are cover in this act?

Dear Sir,

1. Our company is contributed LIC Premium Rs.15,000/- to an employee and Debited 75% of Rs. 11,250/- to his Salary Account & Debited Rs. 3,750/0 to his Advance Account & recovered from monthly salary.

Please advise that whether he can avail Rs. 15,000/- under 80C in his tax filing. LIC Policy is in Employee name.

2. Our Company is contributed Rs. 9000/- to an employee for Medical Insurance and Accounted in Employee Insurance (Expense) Account.

Please advise that whether he can avail Rs. 9,000/- under 80C in his tax in his tax filing. Oriental Policy is in Employee name.

Hi,

please tell me my sister doing 12th class exam from CBSE board. can she admission for CA-CPT courser.

Dear experts,
we have received order from foreign customer to supply the material to his customer in Gujarat-India. In that condition what procedure to follow in preparation of invoice. whether we have to make commercial invoice or export invoice, what will be tax( Excise duty & sales tax )..any forms to be obtain?...

We are the Service provider in India. Some Services we utilized from Abroad Company. Whether we will pay the service tax for that services under Service reverse mechanism.
Secondly whether that service tax paid to government at the time of payment made to Abroad Company or booking the same in our Books

Please clarify

Ram.R