Anonymous
11 July 2014 at 15:40

Tds deduct or not in current year

My Query is xyz party deducted TDS on labour in Previous Year because it is cross the limit 75000 p.a. In Current Year this company raise three bill as labour service provide by him that amt is 3527 , 4787 and 10060. can i deduct tds on that amt or not.


S.BABU
11 July 2014 at 15:36

Individual borrowings limit

Individuals borrowing limit?



Anonymous

Bank had charged excess interest of Rs. 1,68,000 on CC Limit till 31st march 2014 from ABC Limited. After complaining, they refund the same in may month. How should we treat the excess interest in our books for the financial year 2013-14?


Guest
11 July 2014 at 15:23

Finance bill

THERE IS NO MENTION OF ONE PERSON COMPANY TAXATION IN THE FINANCE BILL THEN IN WHAT STATUS WOULD THE TAXATION SHALL BE MADE



Anonymous
11 July 2014 at 15:23

It return

My brother is labour contractor of electrical work. Pls give me code no of Nature of business.
He is not file IT return for AY 13-14 & he have refund in this AY. can he get refund if he file return with in this month


Jigar Chudasama
11 July 2014 at 15:20

Accounting of tds

Dear Experts,
Hello,
My query is
An assessee who is individual has paid some amount say Rs. 150000/- to a builder from whom he is going to purchase a residential flat. On this payment he has deducted tax @ 1% amounting to Rs. 1500 and duly deposited with government.
How to account this Rs. 1500, which is deducted tax by individual, in his books of accounts i.e . in the books of purchaser of residential flat?/
thanks in advance..


Tarun
11 July 2014 at 15:18

Mobile phone held up

hello I have been importing branded phones(LG,HTC) for 2 years now but my last shipment is held up at customs and the reason the officer is giving that I am not authorized to import Branded phones . please update me what can I do . Thanks


bittu
11 July 2014 at 15:15

Default in articleship registration

Sir,I am just close to complete one year of my training ,but I am not registerd with icai due to termination/completion of old article under my principle.GMCS-1 is required with in one year.what I do?my registration no is CRO0351064.
My principple membership no is 051530.


Jayesh Bakhai
11 July 2014 at 15:02

Capital gain

I am owing three residential property. I am selling one residential property and sell proceeds is use to purchase another residential property. could i get exemption u/s 54 on long term capital gain please help


CA.Ritu Agarwal
11 July 2014 at 15:00

Intercorporate loan

Hello...

Is there any limit for a company to give loan to any other company.