madhurima mukherjee
08 August 2013 at 14:19

Late payment of tds

I Want to pay interest for late payment of TDS u/s 201(1A) and late fee u/s 234E through challan 281.But bank is refusing to accept the payment because code is not matching with nature of payment.Can anyone please tell me what is the code apart from 200 and 400.
please help,its urgent..



Anonymous
08 August 2013 at 14:19

Form stock 1

1)WHAT AMOUNT TO BE PUT IN CLOSING STOCK AS ON 31-3-2013 IF WE HAVE NIL CLOSING STOCK IN DELHI PURCHASE.
2) MOSTLY OUR PURCHASE IN DONE THROUGH INTER STATE. SO THAT CLOSING STOCK ALSO SHOULD BE PUT IN IT OR NOT.



Anonymous
08 August 2013 at 14:16

Tax deducted at source

Deduction tds U/S 94I i.e. rent of rs 37260 per month so, now i am deduction tax on the whole amount i.e. 3726. Is this is correct or i should calculate the whole amount i.e rs 447120 and deduction rs 180000 as exemption limit that comes to rs 267120 and then deducting tax on that amount of rs 2226.00 please suggest its urgent



Anonymous
08 August 2013 at 14:16

Refund

Dear Sir,
In one of my case one entry was unmatched in form 26as in AY 2011-12. And Cpc made the whole tds as zero. I made 4 attempts rectification, but result was same.
Now in the month of August 2013, cpc has issued the refund.

I am wondering that what have inspired cpc to issue refund.



Anonymous
08 August 2013 at 14:11

loan eligibility calculator

Can any one provide loan eligibility calculator in excel....

Please do it urgently


praveen Kumar airan
08 August 2013 at 14:05

Loss left to consider in total income

I have filed an individual return for the A.y. 2011-12 on 28.03.2011 (belated return) showing a total income at Rs. 90000/-. In this return I have missed to consider loss from F&o at Rs. 166200/- and share trading loss at Rs. 32410/-. Now I have recd. a notice u/s. 142.

My quries are
1. whether I can file the revised return ?
2. what an A.O. can do with this loss?
3. Any penalty can be levied?


AAKASH PATIL

We have recd. notices reg. short paid of TDS. These vendors are under 94C and 1% TDS has been deducted as individual PAN & Advertisement. Pls. advise us that what code should be written on column "R" [Reason for Non-deduction / Lowerduction, if any Annexure 6)(424)] in TDS return file to avoid TDS notices ?


HITESH KUKREJA

can any body recommend me which author book is best for Information technology of ipcc group 2...



Anonymous
08 August 2013 at 13:45

Balancesheet analysis

what do we do in balancesheet analysis?please provide step by step guide



Anonymous

Dear sir,
In ITR-1 (AY-2011-12) of a salaried employee having Salaried Income more then 10 Lacs & in a tax bracket of 30% one SB a/c interest is shown & 2 other SB a/c interest is not shown. The other 2 a/c don't have any wrong or suspicious transactions.
The above case is selected for automatic computer selected scrutiny and now assessee is showing the bank a/c to A.O. & interest is around Rs. 5000 only.

My Question is :- What are the minimum & maximum Tax, Interest & penalty etc. will be levied by A.O. & any other action which may be taken by the A.O.






CCI Pro



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