A company under liquidation has property at cost price stated in books at 1.20 crs. It sells the property at 1.60 crs. On this transaction it may have to pay capital gain tax and then the available proceeds can be distributed to equity stake holder after settling the other liabilities.can this capital gain can be saved? since it cannot invest in bonds u/s 54EC as it is going to be wound up.

- E'ee of one of our client bought 1 laptop from Singapore with him while returning after completion of work but invoice of the same is issued on the name of Indian Co.(i.e. E'er)

- I wanted to know the procedure and consequences such as Custom duty or interest or penalty if any payable & payment of the Invoice issued on co's name.

Sir, I m student of ipcc my 4 years of ipcc registration is over in july 2013 and i submit application for re-validation of registration. so please tell me which registration date i fill in examination form for nov 2013 exams the old registration date or new one ?

Sitting fee of Rs.10000/- is to be paid to directors... Sitting fee......................10000 Service tax.....................1236 Total..............................11236 TDS...............................1124 Balance Payment........10113 In this case service tax is to be paid by the company as reverse charge is applicable. Now my question is how much is to be paid to directors and how much service tax is to be paid to department 1236 or 1236-124=1112

One of my client filled his ITR for AY 2010-11 electronically without digital signature as on 31/03/2011 and sent his signed copy of ITRV at CPC, Bangalore but it was not received by the CPC, Bangalore.
He has some TDS refund too.
Can anyone please suggest now what to do now?

SUPPOSE ABC COMPANY HAVE TAKEN LOAN FROM TATA CAPITAL FINANCIAL SERVICES LTD & CHARGED PROCESSING CHARGES BY TATA CAPITAL FINANCIAL SERVICES LTD .

LET ME KNOW , IS PROCESSING CHARGES IS TDS DEDUCTIBLE ?

IF YES UNDER WHICH SECTION .


PLS RPLY SOON

Urgent......!!!Pls...!!!
Dear I want to know about Tax Collection at Sources:
1. One f my client(Partnership Firm) has imported and sold the srcap in high sea sales and hence i want to know whether he is liable for TCS....?

2. Till the time we had not collected the TCS . What is the consequences....?

3.If we want to pay now then what is the penal provision.....?

Pls help me or you can contqct me on +91 9909164320 or email me on cahirentabhangi@gmail.com

pls tell me..
we have an client who value their stock on average cost method. but the market value of stock is very less. they are not in favour of valuing stock at market value...

then the question is whether there is any solution for valuing stock at cost....

A Property is Purchase by partner of Firm.PUrchase value of Property is 2.4 Crore.Rs.20Lac Paid from firm as advance to party.bank sanction a loan of Rs.30 Crore.Bank Paid
Rs. 2.2 Crore direct of selling party and Rs 80Lac to firm as balance amount.CAsh payment of Rs.12 lac as Registration paid from firm.Now what amount should be considered as loan of firm and what amount of Partner.

how to prepair profit & loss, trading a/c, income expenditure a/c, balancesheet. please say me simply.please help me.