HI TO ALL CCI MEMBERS,

GREETINGS FOR THE DAY!

I HAVE ONE QUERY AN ABOUT TDS.
EX:I HAVE CONTRACT (OFFICE MAINTENANCE) WITH ONE INDIVIDUAL & MONTHLY PAYING RS,15000.
MY ANNUAL TURNOVER IS 2000000, HERE I CAN ELIGIBLE FOR TDS DEDUCTION?

THANKS IN ADVANCE

sir please tell
mr.A received lic pension after his retirement...
whether it is taxable under income tax act ???

Dear Experts,

Sir one of our client is Proprietor in "A" & Partner in Firm "B".

T/o of Business "A" is Rs. 16 Lakh, Profit of Business "A" is Rs. 6 Lakh which includes Remuneration From Firm "B" Rs. 400000 & Profit from Firm "B" Rs. 1 Lakh, Other Interest Rs. 20000.

Now 8% of 16 Lakh is Rs. 1.28 lakh.

Net Profit after Deducting Other Income & Remuneration & Profit is Rs. 80000.


Now which profit is to be taken for Computation Rs. 128000 or Rs. 80000.

Thanking you in advance for Reply.

I got a show cause notice from central excise department.

Show cause for Payment of Duty, Interest and Penalty.

We paid the duty and all.

Kindly provide me the format for reply to the show cause notice.

Hello Sir/Madam,
I've registered for ipc under direct entry scheme and also joined for articleship in the month of sept 2012. Is GMCS Compulsory to do in the first year of articleship training. If we not complete within the time, what will be the scenario.........

Sir,

One of our client is paying rent on immovable property to a Non Resident via Crossed Account Payee cheque. Such amount is deposited in his Indian Bank Account.
Please tell me if such transaction leads to REMITTANCE MADE OUTSIDE INDIA.?
Also inform me weather Form 15CA and 15CB needs to be filled.?

Thank You.

Dear All,

Our Company is intending to publish the unaudited financial results for the March quarter ended within 45 days of the end of quarter.

Now if we publish the unaudited financial results by 15th May 2013 for last quarter, then within how may days thereafter the audited financial results are required to be adopted and published.

Please clarify and confirm the last date for publication/adoption of audited financial statement as on 31st March 2013.

Please reply urgently

A Unlisted Public Company having Rs. 15 Lacs paid up Capital and Rs. 1,80,000 Reserves.
No other Long Term Borrowings.
Company has Net Profit of Rs. 83000/- as on the Balance Sheet Date of 31.03.2012.
Company wants to pay Remuneration to Three Directors Rs. 5,40,000/- p.a. each.
What is the procedure for the same.
Is It compulsory to have Central Govt. Permission?
Please answer my quary urgently.
Thanking you
my mail id is atrivedi13@yahoo.co.in

I have small doubts in capital gain calculation.
Mr.X is a land owner purchased site in 22-09-2008 for Rs.10,00,000/- 476.67 sq yards. Given for development in 12-01-2010 (6 out of 18 flats). Each flat got 23.83 sq yards space.
Sold 1st flat on 24-01-2011 for Rs.8,60,000 and other 3 flats sold in September 2011 for Rs.27,10,000/-. Still two are unsold and remained with owner.
For this how can i calculate tax for Mr.X?

can anyone provide me MOA and AOA of an banquet hall including hotel and restaurant service..