Dear Experts,

Please provide guidance/advise on how to do opening balance verification,phyiscal cash verification.

thanks

Dear Sir,

The Company had taken unsecured loan from relatives(definition as per income tax act,)/directors/shares hoders, now shares holders/directors/relatives wants to charge interest on unsecured loan at the concessional rate, which is lower than Bank rate, my query is that does the domestic transfer pricing act 2012 applicableon this transaction? yes or no, and second question is that which amount covered under this transection, interest or amount of unsecured loan? kindly express brifly the provision of income tax.

Thanks
Vinod

A person who is said to be a resident as per residential status of income tax act,earned salary outside India for a period of three months,what is the tax treatment regarding that salary earned and received outside India. And what happens to the same if double taxation agreement relief is taken into consideration?

I have discontinued my CA in the year 1999-2000 and want to continue now. Please provide me the details if I can continue with the same registered number (as I have already completed the articles). If not is the Articleship can be exempted. I am also passed the First Group In Intermediate exam.

Hi,

Happy Christmas.

Someone may please reply to my queries :

Query

Whether Service Tax Return belatedly filed can be revised (if so, even after 90 days)?

Ans : ………………. (please provide me the reference for my understanding).


Whether Service Tax Return can be filed for new Specific Taxable Service without making amendment ? Note : Due to portal problem,
it was not possible to do the amendment.


Ans : ………………. (please provide me the reference for my understanding).


Thanks in advance.

Sir,
I have a Car.
Book Value of this car is Rs.250860 as on 01/04/2012.
I purchased new car for Rs.1043722 on 21/11/2012 & Sold old car for Rs.150000 on 11/12/2012.
Sold value of Old car is including Vat i.e. net sale amount Rs.13333 + vat@12.5% Rs.16667
I am confused about depreciation.
How much Depreciation can take in this case?
How much amount should be credit to car account?

Hotel provided accommodation service including restaurant and laundry service how to treatment of service tax liability.

Q. We sold some goods to "A". There was some defect found in goods and then "A" got repaired that defacts from another Party "B" for which he paid Rs. 80000/-. "A" then debited such amount (80000/-) to our account as a deduction from payment agst. repairing done by him and submit bill of "B" for repairing charges which was made in our Firm Name.

What will be treatement for this in our books, will it be treated as rebate and discount or be treated as repairing charges.

Further whether we are liable to deduct TDS on such amount. If yes, then in whose account "A" Or "B".

kindly advise

thanks

i want to confirm detail documentation in case of MVAT registration in case of full transfer of business..

Sir,
If XYZ Co. manufacturing co. and it has its own two windmill. The co. is taking benefit of deduction u/s. 80IA from A.Y. 2009-10. Now co. wants to install a third windmill project, then tell me whether co. is eligible for deduction u/s. 80 IA for next 10 years from A.Y. 2013-14 if co. installed this project in F.Y. 2012-13 ?