Pls advice whether TDS is deducted on payment of processing charges paid by company to financial institution.(LIC housing finance)
if we deposit excess service tax during the year, then can we adjust the excess paid with next year service tax liability?
or it is allowable to adjust only to quarter pertaining the same year? so is it better to adjust, if applicable or file for refund?
IF i want to take termination from my firm in mid of my article ship period,in what way i can take the termination?
what is the procedure for taking termination?
HUF is the proprietor of a Trading Firm. Karta of the HUF is managing the firm and getting salary from HUF business.
Salary so received by the Karta is shown as Salary Income in his personal Return.
Please confirm if there is anything wrong in it.
dear all,
as per e filing rule hard copy will be submitted within 15 days on respective i.tax department.
But what will be happend if hard copy not submmited for ever, or hard copy will be submitted after 15 days ?
Any section regarding this ?
pls. answer my question.
thanks in advance
surendra kumar
Hi,
I want to start my architecture firm with my friends. what would be more preferable: partnership or private ltd company.
Does one need to prepare the financial statements in case of partnerships. where to register the partnership firm in Delhi? what all taxes need to be paid in both the types of business entity?
If a reimbursement of out of pocket expenses is made under a service contract, can service tax be charged on that. Please mentioned relevant law or notification
Two partnership firms are existing. Firm X and Firm Y. Firm X has three partners A,B and C, while Firm Y has A and B only. Firm Y was established in the Year 2002 while Firm X was established in 1986. Now for some technical reasons, Firm Y has to be run. It is proposed that Firm Y will buy the Assets and Liabilities of Firm X and Firm X would be merged in to Firm Y. My querry is :
1. Can the turnover of the firm X can be considered as the turnover of the firm Y for the purpose of tendering etc for the period 1986 to 2002.
2. can the turunover of the two firms be added together for the period 2002 to 2009 and be declared as the turnover of the firm Y
Hi,
My company is a limited company and incorporated in oct,09. please tell me what rate of depreciation i follow as per company law or income tax law
Thanks
TDS on Processing/management fees paid to finan. Inst