Dear All,

If we have purchased a software from a developer cum dealer for operating a machine,
then where it should be booked in royalty and deduct tds or as a Intangible Assests.

My client is arguing that it can not be booked as royalty,as IT Act specify the royalty treatment of software when the payment was made for licence or updation not for purchase.

Dear expert ,
I made payment of self assessment tax by submitting physical challan to kotak mahindra bank on which tax on regular assessment (400) was selected in place of self assessmenttax(100).

I asked to bank to make above said correction then they told me we can't make any correction because this payment was made by internet banking through IDBI bank .

How can it be rectified

Dear sir,

I am Work a private ltd company.company use manpower loading & unloading
& cont, bill 40000 per month (under 10 lakhs)

please clear service tax liability our company

A person has income from salary as well as from business (presumptive business income). Employer has given him Form 16 and Form 16A both. As per my knowledge a person can use only one form to file the return,either ITR-1 or ITR-4S.

In which form he has to file the return showing his income from all sources?

How To Score Good MArks In GRP-2 Of IPCC paper Specifically In Auditing & ITSM Subject

Hi my dad is a central govt employee
In.this year form.16 .deduction of transport allowance of rs.800 is not given..can.i claim.the same

Plus my dad is getting hra but hes not living. in rented house.... by any mean he can claim exemption.of hra
plus is there any other exemption.he can claim

hello sir can we take the transfer after 1yr with mutual consent in the same city?

i am doing articleship at bangalore in a reputed ca firm. That firm was earlier a proprietary firm. recently that firm has now registered with institute as partnership firm ... can i get the sign on the exam form from any one of them or a particular boss of my articleship.

I am Clear My Grp -1 Of IPCC in first Attemp But For 2nd grp, I got Good marks in accounts & Auditing But in ITSM Failed.
So pls Advise to me for How to Study ITSM Subject

an employee received Rs. 10.00 lac by A/c payee cheque as interest free loan from his employer for purchasing a redential flat what will be the tax impact in the hands of employee ?

will it come under 56(2)or will be treated as perquisite of the employee ? however the loan amount is being repaid by the employee Rs. 10000 per month, loan taken in march 2013

please answer