In my case company had paid Via Cheque the royalty in advance to the party and on the same TDS is not deducted, Subsequently after TWO month same payment entry is reversed as the cheque is not cleared by the party, Hence what will be TDS Implication???


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Sir,i have completed my 9.5months of articleship training and now i want to take transfer to other ca.I have already taken leave 3months for exams & extra 20days leave because of illness..plz guide me whether i take transfer easily? Whether there will no objections raised by icai because of these leaves?

One of my friend is not having any income for the F.Y.2013-14, still he wants to file ITR for A.Y.2014-15. As a matter of fact, i just want to ask, what are the penalties if someone files income tax return without having any actual income, explain it in details with relavant notification regarding this matter, if so issued by the IT Department.

Sir, I have submitted form 103 for registration on january, but my articleship not yet registered under my employer. Now institute asking me to send the new form with copy of form 102, but i have not done franking on 102.Is there any alternative that i can do now??

please help me. Otherwise my articleship period will be wasted for 6 months. As a chartered accountant u too know the value of 6 months for a CA Student.

In which form do we file service tax return

Dear experts,

to determine the market value as on 1.4.1981 do we need to consider even stamp duty and registration charges paid as per the sub registrar documents. or just take the consideration paid and area.

can any one please calrify this to get the additional benefit of registraiton cost.

any case law on this if any.

I filed my return online and forgot to claim pre construction housing loan interest for Ay 13-14. I claimed it in Ay 12-13. I am having salary income & total tax paid. Should I revise the return & claim refund for Ay13-14?

Hello Everyone,

Machinery purchased for Rs. 3 lacs. Depreciation 12 percent on WDV method?What would be the journal entry for depreciation.

Labour charges incurred Rs.10,000 which is paid to Mr.singh the contractor.what will be the journal entry for the transaction and the TDS amount and the section?

Hi,

TDS on pruchase of immovable property has been introduced w.e.f June 2013. My question is if purchase agreement has been executed in July 2009 and the payments are made with progress of construction work will the purchaser be liable to deduct TDS?? If yes on what amount, only the amounts paid after June 2013 or on the entire amount paid since July 2009??