can a single challan be paid for interest part only, at the end of the financial year, for a party in respect of whom no interest has been deducted for belated payment for more than one month during a financial year. If it can be paid so how to show in etds return can someone clarify?



thank u in advance

Hi

Can anyone send me format of internal audit report for processes review audit.

Whether TDS is applicable, if assessee is supplying a cartons (raw material)i.e. material supply, as per my view it is not cover u/s Sec 194C.

Is their is any notification on the same or any Case Law that TDS on Material Supply is not applicable?

hello,
i have a query, pls help me with it.
I have LTCG of Rs.2 lakhs (after indexation)from sale of shares of an unlisted company. I have also meanwhile sold physical shares of a listed company through direct sale to my cousin, i the process acuiring a loss (due to indexation) of Rs1.5 lakhs; this transaction has obviously not suffered STT but is of a stock that is listed but not compulsorily demated. I want to know:
1. If this loss is adjustable against the first gain, if so any sections that confirm this,
2. LTCG is exempt for all transactions of shares that are listed in a stock exchange or only on those transactions of such shares which have been undertaken through the stock exchange and suffered STT.

Please advice.
Regards

HOW TO OPEN A DEMAT ACCOUNT?

I want to know that why is VAT applicable on works contracts not service tax, though work contractors provide service not sale goods???????

Regards,
Nitin panthri
(nitinpanthri@yahoo.com)

Dear sir,
A private limited co doing hotel business purchase car for its director for business purpose (not as taxi). Will the car come under the purview of commercial vehicle eligible for 50% depreciation?

I read the article written by Mr.Rajaratnam where in it is stated thus-it may therefore , be seen that motor cars qualify for depreciation at 20% unless run on hire to merit depreciation at 30%. I did not understand under which catagory does motor car qualify 20%?

The last para of the article states that the amendment is obviously intended to cover only trucks and other heavy vehicles , besides other commercial vehicles hiterto entitled to depreciation at 30%. So amendment is only for Entry 3(ii)?

If the car is purchased will we get 50% depreciation this year or is it the rate for vehicles purchased after 1st jan 2009 and before 1st April 2009? Can we claim 50% this year or 25% this year and 50% next year?

Pls advice,

Priya

Dear sir
1.I am tax amt deducted on 20.11.2008 but payment made on 22.12.2008 then the interest rate is 1% or 2%?

2. The 1st bill was 15000/- on 15.06.2008(its 1st quarter)
and the 2nd bill was 5000/- on 15.08.2008(its a 2nd quarter) as 94J applicable or not? if applicable what will be deducted amt 5000@10.3% = 515 or 20000*10.3% =2060 what amt shown in e-tds return for E-tds filing purpose

Plz answer to me

Sir.
This is ashish kumar from Hyderabad.i want to know which is the best CA coaching institute for PCC in New Delhi.I am going to appear in the exam in month of Nov 09. So please help me.. Please...


Please give me the address also bcoz i am from Hyderabad so Delhi is new for me.

Hey, i know the difference of capitalizaing it out and expensing it out. and i also dont require which software to be capitalized.

Im in query whether is it compulsorily required to capitalize softwares (not talking of huge softwares such as SAP/ERP implementation, they are ofcourse capitalised)or note as said earlier will suffice..