Dear Experts,

Expenses has been booked for interest paid to NRI,but fr these respective expenses TDS was not deducted.hence expense is disallowed fr IT purpose

My query.

In next FY if i pay Deduct TDS and remitt it , will the interest expense allowed as expenditure fr IT purpose.
(or)
Any specific provision is there regarding disallowance of expenses on non deduction of tds to nri evn if later tds has been paid.

kindly help

Individual assessee shown less than 8% profit,hence books are audited u/s 44AB.
Doubt is below:

As an individual is the assessee individual is liable to deduct TDS in relation to Rent payment. Because individual turnover is less than 60 lakhs. Hence books of accounts are audited.

Whether individual liable to TDS or not

i wanted to know the format of audit report of co. who recieve govt. grant and basically it is a scheme runned by the goverment and what about disclosure requirement under AS 12?

Is Service Tax is charged on LD under contract.Invoice amt rs 100 +4.944 total Rs 104.944 . But there is LD @10% deducted by service Receiver .So they deducted LD from Invoice value .Kindly help me that how munch service tax is paid by Us.

And also LD regarding Service Tax Issue also elaborate.

dear Sir

whether VAT is charged including TCS or excluding

Scrap Rs.100

TCS 1%

VAT 4%

please clarify me .

Respected Members,
Is it mandatory for the assessee to opt for sec 44 AD. Can a assessee claim less than 8% profit if he is maitaining books of accounts if his Sales is less than Rs. 1 crore.And If yes will Tax Audit will b cumposory even if his sales is not exceeding the limit of Sec-44 AB

Dear Sir

We are giving Our Association Kalyanamandapam on Rent at the time of Occasion with out other Services so we are cover under which Service Category i.e., Rent on Immovable Property or ?

Please tell

Note. We are receive only rent for occupying our Kalyanamandapam for the Occasion purpose like Marriage or etc.,

Dear Experts,

Please confirm is depreciation could be claimed on generators, AC etc even though assets has not been installed.

I.e assets has been purchased during 12-13 but installation has not done till 31 Mar,13.

We are a company maintaining books as per Companies Act.

Regards

Due to financial problem in mumbai i am unable to continue my articleship in mumbai & i want to transfer to my home city allahabad bcoz i can't bear expenses now so wat i would do plz suggests me to get transfer.
My boss is ready to sign on my termination. so there is a mutual consent.

I have worked three company in the financial year 2012-13, The TDS was not deducted by the companies equal to my income.

currently, I have to make difference of tax. while I am submitting the return, how to make the difference of tax payment to the authorities.

If I file the return in august 5th or 6th with difference tax, what is the penalty to be payable.

REgards

L.JAGADEESWARAN