M Janak Rao
20 October 2007 at 09:40

TDS on Mutual Fund

no Deduct Income TAx TDS on Mutual Fund brocker commission ? but service tax is deducted.what is the reasons


rahul
19 October 2007 at 18:46

e filing of return

in case the assessee desires to convey something by the way of seperate note which may be essential , whether it is possible in efiling of return of companies?


T.V.Vaikundan
19 October 2007 at 18:44

ITR V Acknowledgement

Sir,
We e filed a company's IT return electronically on 19.10.2007. But the ITR V acknowledgement was not displayed as the Browser hung up for few seconds as a result of which we could not take the print out.

We tried again and the message displayed was" return filed please file revised return".
What would be the best way to obtain the ITR V . Is there a specific way we can access the site based on the PAN no and retrieve a copy of the ITR V? Aliter is there any help desk at IT office to provide the ITR V?
Regards


Sindhu

WAT ABOUT THE LIVING EXPENSES OF AN EMPLOYEE STAYING ABROAD???? IS IT EXEMPT OR TAXABLE??? IF EXEMPT UNDER WHICH SECTION????


CA SUREANDER NAHTA

Sir,

A company take a loan of Rs. 100 Lacs for Construction of New Building for Existing Business. Interst of Rs. 15.00 Lacs can Claim as revenue exp.
and what Accouting Standard say for treatment of borrowing cost.
If company capitalise this interst as per Accounting Standard same can be allow as revenue exp under income tax act


sourabh
18 October 2007 at 20:23

QUERY RELATED TO DEPRECIATION

SIR/MAM,
MY QUERY IS RELATED TO DEPRECIATION
MY QUERY IS IF LAST YEAR/YEARS DEPRECIATION WAS NOT CHARGED ACCORDING TO THE RATE GIVEN IN ACT THAN HOW IT SHOULD BE RECTIFIED IN CURRENT YEAR.
EG FURNITURE AND FIXTRE IS CHARGED @ 10%
BUT LAST YEAR IT HAS BEEN CHARGED @ 15% THAN HOW IT CAN BE RECTIFIED IN CURRENT YEAR. EITHER IT CAN BE DIRECTLY RECTIFIED
IN CURRENT YEAR BY CHANGEING RATE OF DEP.
OR THEIR SHOULD BE SOME OTHER ADJUSTMENTS.
PLEASE SOLVE MY PROBLEM AND OBLIGE.
THANK YOU


CA SUREANDER NAHTA

SIR,

SOME PARTY SEND TDS CERTIFICATE OF INTEREST & COMMISION AFTER SIGNING OF BALANCE SHEET.
WE CAN CLAIM THIS CERTIFICATE AND HOW WE SHOW THE PROFIT IN COMPUTATION i.e. INTEREST AND COMMISSION NOT ACCOUNT FOR IN BALANCE SHEET.
WHAT EFFECT IF WE ENTERED THIS ENTRY IN NEXT YEAR AND WE WANT THOSE TDS CERTIFICATE ADJUCTED IN NEXT YEAR


sadiq
18 October 2007 at 17:04

Tds on royalty paid on sales?

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.


sadiq
18 October 2007 at 17:03

Tds on royalty paid on sales?

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.


Manjunatha G
18 October 2007 at 15:40

tds on servce tax

while making payment for professional fees/technical fees whether tds is to be made on gross amt i.e. inclusive of service tax or service tax portion is to be exclude for making tds