Jayesh Jagetiya
23 December 2008 at 12:48

Income Tax Return of Pvt Ltd Company

Company "A Pvt. Ltd." has been incorporated on 27.08.2007, there was no business in the company up to 31.03.2008.
Is the company liable to file income tax return for the F Y 2007-08?
If yes the last date was 30.09.2008, & the date already past, now we should file return in normal way or after payment of penalty?
Is the company laible for Tax audit u/s 44AB?


shanmuganandam
23 December 2008 at 12:45

Rent Receipts

Mr.X settled his property in favour of his chidren and the enjoyment right including rent receipts in favour of his wife on 18th January 2007.However both Mr.X and his wife are received rent for the finacial year 2007-2008 and the tenant also deducted TDS and issued TDS certificates in both names. Whether the rent receipts are taxed in Mr.X's assessment u/s 64 (iv) or in his wife's assessment or offered as income from other sources in their individual assessments.

Whether the rent received by Mr.X & x's wife is eligible for deduction u/s 24 & Municipal Taxes paid


shanmuganandam
23 December 2008 at 12:41

Rent Receipts

Mr.X settled his property in favour of his chidren and the enjoyment right including rent receipts in favour of his wife on 18th January 2007.However both Mr.X and his wife are received rent for the finacial year 2007-2008 and the tenant also deducted TDS and issued TDS certificates in both names. Whether the rent receipts are taxed in Mr.X's assessment u/s 64 (iv) or in his wife's assessment or offered as income from other sources in their individual assessments.


Anil Kane
23 December 2008 at 12:20

Assesment of Service tax

I am working as a Free lance Customer support Engineer in India for a foreign company. The company does not have an office in India. I recieve a monthly salary from this company in foreign exchange. The amount is expected to exceed Rs. 10 Lakhs. In case it exceeds, what is my liability for the Service tax. E.g. If the amount goes to Rs. 11 Lakhs, I should pay service tax for full Rs, 11 Lakhs or on the amount exceeding Rs. 10 Lakha ie. Rs. 1 Lakh?


R. Suresh
23 December 2008 at 12:14

Dup. Return

Hi,
Actually my friend filed a IT Return to the Dept. But the return is misplaced, now my friend want that duplicate return from IT dept. it is possible to get, if possible means what we have to do.
Can anyone tell me the solution for that. return filed is July 2006 and July 2007. (Two years return).


CA.Tarun Maheshwari
23 December 2008 at 12:11

DISA Result date

Hi All, can anybody tell me how much time ICAI takes to declare the AT result of DISA exam. Recently, the exam was held on 20th December, 2008. When will they declare the result


Sripada M
23 December 2008 at 11:56

Goods Transport Agency

Hi all,

Can anyone inform me about service tax and TDS matters relating to Goods transport agencies.


sagar
23 December 2008 at 11:51

TDS deduction

Whether the TDS should be deducted on gross amount (including CST,VAT Custom etc.) or it should exclude & only on the net amount. Please quote the circular reference if any.


ramesh vadnala
23 December 2008 at 11:20

Tds of last year

we have paid consultant charges to a party on 25.01.08 of Rs.224250 after deducting tds as advance payment and we have received the bill in the current year for Rs.250000/-, during the year we have taken into account of Rs.25,750/- as tds payable and paid to the dept.

Now party asking tds certificate for the last year transaction, pl.advise


CA Amit Jaiswal
23 December 2008 at 11:12

Articleship Attendance

Can a student be stopped for appearing in final examinations just because he has taken excess leaves (due to some or the other reason)






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