Mr. A (director), mr.B (employee-Regional mgr - Salary Rs.15Lacs P.A), Mr.C (employee - Quality control head Salary Rs.12Lacs P.A) all are brothers whether section 314 attracted if yes what are the compliances & escape route if any

i am filing the return of tds of one of my party,,,my query is

the client has wrongly deposited the tds of 317 against one of their party in feb-2009, now in march the make the reverse entry,,so their total libility pay for the month of march is deducted by 317. so how could i adjust this amount in the quarter iv in the software called etds in which i feed the data.

What is Grossing up of TDS & what are the circumstances under which Gross up of TDS needs to be done.

Dear Sir,
I would like to know that I pay advance payment against transportation exp but expence booked in next F.Y (09-10), i not deducted TDS on payment time because expence not raise and due to this there is no problem of disallow of expence, so it is correct or not?

We are a Logistics Co. - billing to customers for import services - shipments are coming from overseas on collect basis - we are billing freight, delivery order charges to customer - we are also charging a charges collect fee for handling shipments on collect basis - my question is - is service tax applicable on charges collect fee or not

Q.1. Cenvat credit of Additional Duty paid under custom act can be utilized against the payment of Excise Duty or service tax liability?

Q2. Cenvat credit of additional duty under national calamities or under other section can be utilised to pay excise duty or service tax liability?

Q.3. Cenvat credit of Education cess and higher education cess can be utilized for the payment of Service tax or excise duty or can be ulitilised for the payment of education cess or higher education cess?

hello friends
I am having doubt regarding penalty on non filing of return.
I want to ask:-
(a)If a person is required to file service tax return under section 70(1) then whether residuary penalty of 5000 would be imposerd on him?

(b) is late fee on late filing of teturn under service tax rule of 7(c) in nature of penalty coz if it is in nature of penalty then residuary penalty cannot be imposed.

please help.

Dear Friends,
we have taken the view tax credit facility at NSDL site .
But i have forgot the user id passwod.
how to solve this?

anybody can explain me the difference between amortization & provision & reserves ?

Dear Sir,

I have a property registered in the name of my wife. The property needs to be transfered to My Fathers HUF File. If I get the same gifted to father then later transfer to HUF.

1. Can I get the gift of property done from my wife to my father?

2. If it is possibel then will the income generated from the property would come under clubbing provision?

Regards

Abhishek