Anonymous
07 August 2013 at 11:21

Tds deducted on exempted income

Dear Sir
(1)> If tds deducted u/s 192 on exempted income and that income not covered under scope of salary u/s 17(1),17(2),17(3)
>however TDS deducted
>may i claim refund or not
>If claim is there need to rectify form 16 or not....



Anonymous

In the above mentioned regulation, it is stated that, .......

"Letter of Resignation by the employee and acceptance thereof by the firm."
This is the required documentation.

Now, if the employer is not ready to provide the counter confirmation of resignation to the Employee (i.e. Acceptance by Firm) and Employee now wants to hold COP. Than What is the Procedure to be followed? As the Decentralized offices of ICAI is asking to the Employee (Member) to furnish the Said letter "Acceptance by Firm".

Pls Guide.



Anonymous
07 August 2013 at 11:04

Tds on fds

[1] Under which section TDS to be deducted on FDs by Banks 193 or 194A ?
[2] whether TDS return for Q-1(FY 13-14)allowed to be revised by department ?


Vaibhav Rathi

Hi.

a sole proprietor concern is converted into a private limited co. with an authorised capital of Rs.5 lakh. And the proprietor's capital balance on the date of conversion was Rs. 2.5 crore.

There were also personal assets of proprietor reflecting in the balance sheet which were not transferred to the newly formed company.

I am confused as to what effect is to be given to proprietor's capital balance.

Kindly guide.


naveen kumar
07 August 2013 at 10:52

Mistake of father and address in itr-1

My friend filed ITR-1 for A.Y-2013-14 on 30thjuly,2013. Later he founds mistake in his address and his father name. What he should do? Is he required to file a revised return.???Address mentioned in ITR is per address of Pan.But,there is mistake in fathers name..



Anonymous
07 August 2013 at 10:38

Tds

I AM A RESIDENT INDIAN. I AM BUYING A PROPERTY, OWNER OF THE PROPERTY IS A NRI. THE OWNER HAS GIVEN SPECIAL POWER OF ATTORNEY TO HIS RELATIVE TO SELL THE HOUSE.AM I REQUIRED TO DEDUCT TDS ON THE PAYMENT


CS UMESH KUMAR

Please Help me to give Detailed procedure for register a firm (Not LLP)



Anonymous
07 August 2013 at 10:25

Cost of acquation

HI FRIENDS,
i have purchases a house property in the name of huf in last 07 year . Rs. 50 LAC. AND TODAY I WANT TO SELL THE PROPERTY RS. 2 CR. AND I HAVE VALVED THE PROPERTY AS ON 31 MARCH 2013 RS. 1.5 CR. SO PLS ADVICE ME ABOUT TAXATION AND LTCG OR STCG. AND TAXABLE AMOUNT

AND I WANT TO PURCHASES NEW PROPERTY IN THE NAME OF INDIVIDUAL ONLY .

PLS SUGGST.


himanshu kumar jain

Can anyone please guide me regarding how to issue Form 16 B on TDS on sale of property. I have already generated from 26 QB from tin-nsdl.com, and generated acknowledgement no. but don't know how to generate form 16 B.


Please guide & oblige

Thanks & Regards

Himanshu Jain



Anonymous
07 August 2013 at 10:05

Water charges

mineral water being purchased on credit..what will be journal entry?






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