Sir, In case we have not paid TDS for FY 2008 - 09 but deducted from party, wanted to pay the tax and issue the certificate to them and book the expenses in the FY 2008 - 09. Kindly suggest me what We have to pay

Hi,

If a company is charging Rs1500 Depreciation as per accounting and Rs1200 Depreciation for tax Purpose.
there is the Tax Loss of Rs300..

I m not able to interprate that how it is loss for company ,,it is look like a gain as the company is paid lesser tax because of Charging higher Depreciation.

my query : why it is Tax loss and please interprate and also give some brief on Tax Base.

Its urgent

Regards
Anil Meena

Hello to all,
one of our client running a coaching instituation for 8th, 9th & 10th classes. their stand is that services provided to 8th & 9th Satadard is not taxable only service provided to 10th is taxable.
by plain reading of the material on the same service it is not so clear to me.
So, I request you all to take a little effort to solve my query.

Should an ATM Machine be classified under Other Plant & Machineries eligible for depreciation @ 15% or Computer eligible for depreciation rate @ 60%?

Regarding the response to a query about Claiming HRA and Home Loan (https://www.caclubindia.com/experts/experts_message_display.asp?group_id=154991), I have a question :-

I am residing in Pune on rent. The rented flat falls under the Pune Municipal Corporation jurisdiction and my work place also lies in the same area.
I have a home loan and my property is rented out. The property having a home loan falls under the jurisdiction of Pimpri Chinchwad Municipal Corporation. (It is like a twin municipal corpration to Pune.) Can I claim HRA as I am living on rent and also claim benefits for Home Loan?

Please reply asap. Thanks to all experts for their advice.

Request you to kindly clarify my doubt, whether 100% of Cenvat credit on Capital Goods can be availed in the subsequent year; in the case of no cenvat credit availed in the financial year, in which the goods were received.

Thanks in advance

Dear all,

I want to know that, when court has given a order to pay rent to the land lord and there is nothing mentioned whether TDS is deductable from the said payment or not, then whteher TDS will be deducted from payment or not. also please tell me that whether TDS is deductable on service tax charged by the landlord on rent.

Normally the TDS deducted is to be deposited within 7 days of next month. However the TDS deducted for the month of March can be deposited by 31st May provided the amount is not credited to the party's account but shown as a provision on 31st March. So I would like to know whether this provision is still in force or not. So can we credit the amount to the parties account for the month of March and can we deposit the TDS by 31st May because since the finalization is started many people are giving bills for the month of march after 7th April (Due date for payment of TDS) so have to take it as a provision instead of crediting it to the party's account to aviod default for non payment of TDS in time

i want to create my own HUF file and its return filing. How i can do it? For applying the PAN i require proof so what proof i can submit? How a new HUF can open the bank account?

Thanks in advance.

Dear All ,

Please let me know my customer charge me 1.85% as service tax whether it is right Bcoz I am only in the knowledge that service tax rate is 10.3% please give me details in case abatement is their.

Please be fast

Thanks in advance