Due to typographical error In TDS challan TAN number was wrongly punched . Now payment was made from our bank now when I went to TDS dept they asked me to give indemnity bond with Rs. 100 franking on it to make change?? Is this correct way or only letter with proofs of payment would have been enough..

dear experts,

i doing articlehip under a CA firm.(say A)

due to some reason i had taken transfer to another CA firm (say B), now when i was working under ca firm A i had worked without any leaves and had accumulated around 50 days leaves which i was eligible to take had i worked with Firm A .

now i had transfered my articleship to firm B shall i be eligible to CARRY FORWARD thoses 50 days leaves which i had earned in firm A ?

if yes , can Firm B deny me from giving those 50 days of extra leave which i earned in firm A

pllllzz plzzzzzz plzzzz help ... in GREAT DILEMMA.

THANKS A dozen for replying

A firm has assets registered in the name of partners, purchased from firm funds and claim depreciation on the same.It earns 2 lacs rental income which is shown every year as income from house property. Other Gross income receipts yearly 45000 approx.
Query:

1.Other Income is charged u/s 44d and determined accordingly. Can Rental income not be clubbed with it and charged u/s 44AD.

2.Asset cannot be registered in name of firm, is argued by the partners.One asset transferred by partners by book entry and other purchased out of firm funds.

3.Should firm continue to charge it under income from house property ?

4.Firm do not maintain books of accounts.

Since depreciation has been claimed by firm , what is the way out ?

Any suggestion?How can the errors be rectified?

Dear All,
I am facing a problem in downloading Form 16 for FY 2013-14. Error shows that statement has not been processed while statement has already been processed but with default of short deduction.
Not downloding of Form 16 is whether due to default or not ?
Please help me in respect of the above.
It is urgent plz.
Thanking You.

Housing Loan Interest:
In case of Housing Loan to Bank employees generally two accounts are maintained
• One for Principal
• One for Accrued Interest
First principal is adjusted from the repayment and after wards, interest is reduced.

Now, what would be the treatment in Income Tax return:

• Should we take the deduction of total repayment amount as principal repayment in 80 C ( Up to Rs. 1 Lac ) and the accrued interest too U/s 24 B ( Negative income up to Rs. 1,50,000).

Or

Some other treatment.
Please Clarify.

CA Alok Goel
M - 9837080659

Hai,

A company is incorporated on 13/11/2012. how can i treat the following items, paid in the month July 2012 , in P/L account and Balance Sheet?

1. rent paid for 6 months from July 2012 to Dec 2012 Rs 10800 each
2. rent deposit paid Rs 40000
3. electricity charges before incorporation months
4. advertisement expenses Rs 6000
5. Tally software charges, audit and inspection fee RS 39000
6. franchise fee Rs 100000
7. training and travelling expenses
8. registration and filing charges of MoA, AoA and Form Rs 7355

Pls help me

Suppose Xyz Ltd. co. received a renting or hiring motor vehicle service from Mr. A who is an individual. In the books of Co. if company recorded this transaction as: Conveyance Exp a/c Dr. To Cash. a/c So in the hands of company service tax reverse charge liability arise or not on this cash transaction. (Party name does not arised anywhere in the books ) Please reply me for proper guidlines.

As per new companies act, casual vacancy of auditor office due to resignation can be appointed by board within 30 days but such appointment is also approved by members in general meeting within 3 months of reccomdation by board. my question is whether ADT 1 is to be filed within 15 days from board approval or general meeting approval. any views?

Hello I want to know if anyone has filled form for ca final both group but unwantedly if he/ she unable to appear for exams not even single paper , will it b counted as attempt?? That I am aware of ki mark sheet won't come .Please aware me of all details regarding this.
Thanks

please reply in brief for following Case

Service tax on out of pocket exp.
intercontinental consultant technologies P Ltd. what fact of the case please reply with appropriate answer,