Respected Shailesh Sir,

Thanks for sending mail immediately

As per your statement of TDS on Dividend which is exampted in hand of Shareholder

Company have to pay tax on Dividend

Which rate is applicable on pay tax on Dividend ?

With best regards,

Vilas

Dear Experts,

I am pursuing CA Final......BUT along with that I want to do some one year distance learning course in finance which can enhance my CV and add value to my career........Can any one pls. advise me which course i should go for and relevant details in that respect.........

Regards

Pankaj Gupta

Hi Experts.....

on 31st March 2008 i book professional fees as follows:

Professional Fees A/c Dr. 100000
To Professional Fees Payable 100000.
(TDS has not been provided)

Expected date of payment : 15th July 2008
The Company will deduct TDS on 15th July 2008 and remit the TDS to the I.T. Dept.

My friend's opinion: The expenditure will be allowed in the year of Payment, i.e. F.Y. 2008 - 2009, as per sec 43B.

My Opinion: The expenditure will be permanently disallowed, because as per sec 40(a)(ia), the expenditure will be allowed only if TDS is deducted. (Date of credit or payment, whichever falls earlier). So in the above case TDS has not been deducted, so the expenditure is ineligible for allowance.

Suggest me, which opinion is correct.
Explain me in detail

Thank You Experts

My friend has cleared PE1 in May 06 and gave PE2 in Nov 07 but failed to clear it.Now, he has converted to PCC and started articleship from 1/3/08. When is he eligible for PCC exams? Is there some definite period of articleship he has to serve before being eligible for PCC?

is this the book on "auditing" of padhuka as suggested by thakur sir.

Sekar G & Saravana Prasath B - A Students Handbook on Auditing and Assurance

http://www.books4u.in/book_detail.php?book_id=5132

Hi All
Kindly Suggest the last date for the submission of Q4 Return of TDS

Reg
Bharat

sir,

i want to know that how can i ascertain that for financial year it is deffered asset or liability.

please explain that with a practical example so can i understand it easily.

thanks sir

please briefly define the provision related to the service tax payment of any transport service provider?

hi sir can any one clear my dought i have pased my cpt in aug 2007 nif i start my articleship in this month i.e apr 2008 n do frankling in apr 2008 n submit my documents in local icai in may or june with late fees when will be my attemt i.e in nov 2009 or may 2010? pls answer sir.

Respected sir,

my firm is having a policy to employees that they should declare thier investment in april for that financial year without any supportings. in that case one employee had given us the wrong declaration by giving more amou nt as investement, but he had not invested the same .
Now his liability is coming Very high at the end of the year.
with the above case i wanted to know that.
1) The declaration given by employee can be a proof that, the declaration given by him is the base for lesser deduction???
2) if he fail to invest the same, that it is the liability of the company to pay the tds at the end of the year with interest on lesser deduction???
3) is there are any Penalty or interest than please specify???
4) with that if i charge the penalty & interest & the deduct the same from the employees salary than is it void in law, if i produce the proof of wrong declaration by him???

Please clarify the same with example if possible.