mehul
27 June 2013 at 13:04

Interest on late payment of tds

PLS HELP ITS URGENT

I have to file Tds return. For Q1 I have made tds payments late 8 to 10 days and have not paid interest but before filing of return I have to pay the intetest pls suggest how to calculate exact interest there are 200 entrries will I have to calculate interest in respect of each entry. I.E from date of deduction of each 200 entries

also pls suggest any excel file or software I use RPU software from TIN-NSDL site for exact computation of intrest .

Also how can I check whether interest is corectly computed
PLS REPLY ITS URGENT
Pls also suggest should I show the interest in total or against specific section in return....


Gautam Sharma

What entry will be made,
if asset is purchased on credit as per cash basis accounting?

And assets use during the year and no payment made during the year.Then in such case depreciation allowed in income tax or not?

If allowed,provide reason OR under which section?
If not then provide the reason as per income tax?


BHRAMARBAR DAS
27 June 2013 at 12:49

Tds late fee u/s 234e

WHAT CODE SHOULD I WRITE IN CHALLAN 281 FOR LATE FEE U/S 234E



Anonymous
27 June 2013 at 12:46

family pensions arrears

Hi everybody,

My mother got family pension arrears of Rs 2,07,051 for last 3 years(from 1st sept 2009,2010,2011) in Sept 2012 , also she got Rs 75,192 family pension for current year. There was mistake in my fathers Pension order hence it took 3 years to receive this family pension. My mother is senior citizen. I know that family Pension is taxable as income from other sources after a deduction Rs.15,000 also I know that there is a relief u/s 89 , but I have difficulty in understanding how to calculate this relief as my mother was below taxable limit in all this years .Also I not aware whether this deduction of 15000 can be claimed for all years ?? My mother have other interest income and house income for current year.... Please help me how to find this relief... Is any form needs to file to income tax dept to get this relief?


NASIM KHAN
27 June 2013 at 12:43

New member

Hi Sir/Madam,
I became a member in CA Club India today.I feel excited about it as I can enhance my knowledge on financial subjects & issues.I am a Trainer.I have experience in training Insurance & Bank professionals.That is how I bear a very limited and little knowledge on financial instruments .I hope CA Club India would certainly be a platform where I can acquire knowledge on financial instruments.Is there any scope for me to register myself in any Trainers Forum of CA Club India? Regards_Nasim



Anonymous
27 June 2013 at 12:39

Query of tds

dear sir/madam
In the financial year 10-11 my tds deduction was 18050 but i received the refund of 1250. how i can take back my tds amount.


Bala.
27 June 2013 at 12:31

Service tax vs customs duty

Dear all

Kindly give the explanation about service tax & customs duty plese.


gaurav chaurasiya
27 June 2013 at 12:25

Direct entry scheme

I want to know that may i eligible for Direct Entry scheme according to new notification.

I got marks in B.com.

First year.
Business Communication:- 24/50,
Business Statistics :- 28/50,
F/Accounting :- 30/50,
Business Regulatory :- 24/50,
Business Economics :- 23/50,
Business Environment :- 22/50,

Second Year:-

Auditing :- 23/50,
Company Law :- 27/50,
Cost Accounting :- 34/50,
Principal of Business Management:- 32/50,
Income Tax:-22/50,
Business Organization:- 29/50,

Third Year:-

Indirect Tax:-30/50,
Money & Financial System:-31/50,
Management Accounting:-28/50,
Corporate Accounting:- 26/50,
Principal of Marketing:-31/50, International Marketing:-31/50,
Viva 39/50,

Plz help to solve my problem as soon as possible.

Thanks & Regards
Gaurav Chaurasiya
Mob;- 9670997747





Anonymous
27 June 2013 at 12:22

Capital gain tax

Asseessee sold the office premises. How the LTCG tax is payable. Whether 10% on capital gain or 20% after considering CII.
For eg
1) Sales Price is Rs 1 Lac. Purchase price is Rs 25000/-. Capital Gain Rs 75000/- Then 10% is Rs 7500/-
2) After considering Cost of Acquisition. ie Cost considering CII is Rs 40000/-. Capital gain is Rs 60000/-. 20% thereof is Rs 12000/-
3) Whether 7500/- or 12000/- is payable



Anonymous

We have purchased few products against which we have paid VAT @ 14.5%. This product is being used to provide taxable output service.

Can we avail the credit of Input VAT paid against the same from the Output VAT payable by us?






CCI Pro



Answer Query

Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details