Sir

I had taken termination on 24 March 09.Also date of signing is 24 March.I re-registered on 25 March with new CA.But i didn't send the forms due to ICAI's announcement on 27 March.So can i send them now to reach before 25 April 09....Forms inc. 109,102,103...Are they Okkay...need i submitt form 120

We are prop concern we have deducted TDS of company and proprietorship concern both we with both we dinot across the limit of 10 Lac despite of that we have to deduct TDS 2.266 for company .
Please reply me soon

It too urgent for me


Thanks in advance

sir,

on 23/3/09, we recd a wrong amount(not due to us) of Euro 100000/- in our EEFC account from one of our customer.
When they pointed out the same, we issued the credit note to them for euro 99700/- on 31/3/09 as the bankers would be deducting the bank charges of approx 300 euro at the time of remitting the money back.
The bankers actually remitted back euro 99700/- on 4/4/09.

How should we treat this in our accounts on 23/3/09, 31/3/09 & 4/4/09.

Kindly explain.

Thanks

Subhash

I have paid total service tax in one accounting head without segregating it into Education and Secondary cess. Now what should I do.
Whether it is OK.
Or I should adjust it from next service tax payment.

A bill was raised in October'08 @ 12.36% service tax but our client is making payment of it in April'09. Now, will the client has to pay 12.36% service tax or 10.3%? If 12.36% is paid, what will be the input credit 12.36% or 10.3% for the month of April'09?

We are paying to a shipping co. the following charges:

Ocean Freight Charges
BAF
DO Fees
CC Fees
Inland Haulage Charges
Shipping Line Charges

The above charges are separetely mentioned on a single invoice and the party is also charging service tax on the above charges excluding ocean freight.

Whether we should deduct TDS on the payment.

Sir,

Is it necessary to write CC papers for getting eligibility for Ca final exams.

Pls tell me also latest amendments taken by the institute regarding CC papers.

Thank's to All sir's who answer for my questions.

Answer to be sent immediately

Sir,
Agriculture Income is exempt or partially exempt or not, what is the limit of exempt agriculture income and what's the slab for calculation of agriculutre income in I.T.

Please provide a brief detail for that topic.

Suppose I take my LTA for 2007 & 2008 in the year 2009. So in such case how the IT will be calculated because LTA is exempted twice in a block of 4 years. So whether LTA is taxable on accrual basis or receipt basis after examining the earlier exemption.


Similarly suppose I take medical reimbursement for the year 2007-08 & 2008-09 in 2009-10. Both put together are not more than 30000/- So in that case the deduction of Rs 15000/- p.a. can be claimed or only Rs 15000/- can be claimed and balance 15000/- will be taxed

Sir,
Our client has invested Rs.50000 in PPF a/c in his own name and Rs.50000 in his wife's PPF a/c.
Now, I would like to know whether he ll get deduction u/s 80C for Rs.50000, 70000 or Rs. 100000 in respect of this transaction.