A propreitory firm neither having Tax audit in previous year expects nor in the current year, pays salary above threshold limit to its employees is required to deduct TDS on the salary paid to them.

Regards

Sir,

Shall we claim DRAWBACK AND FPS Scheme for every shipment if we eligible?

One can take transfer during his first year of training only but is also mandatory that the new articlsship has also go be taken in the first year only?? I have a fracture in one of my legs and can't continue with training for some time soo I'vetook the transfer but the new training will take some time. Meanwhile the first year will be expired. Kindly guide me on the same

Sir/ Ma,am,

If we pay past years rent in lump sum in previous year than is this payment is allowable expenditure in calculating income for tax purposes.
Please give your advice.

Thanks

Dear Sir,
I have filled My ITR for the assesssment year 2012-13 and self assessment tax deposieted in Time. Due to clerical mistake Challan no & date written incorrect in ITR.
Now i should be revised return or reply to Local Income Tax office with Photocopy of challan.

Pl. Help.

Hi Experts, Please Help

How to Identify at what Price will be the Excise Applicable

For Example
Product is Bag = Cost is 1200 and MRP is 2400/-

if i have to Transfer it to my Branch on wht Value will i have to Pay Excise

if i have to Transfer to Third party with 20% Margin on What Value will i have to Pay Excise.

Please Help Urgent

Sir,A manufacturing company is providing food to the employees through canteen.He charged the bill as follows:
Food- 12,000.00
Service tax @ (12.36% * 50%)- 741.60
Gross- 12,741.60
Add:VAT@ 14% (on 12,741.60)- 1,783.82
Total- 14,525.42
Is he correct in doing so? Otherwise how much service tax & VAT company has to pay?

Dear Sir/Mam,

Our Company Software Development Export Company, Vat and Service Tax Not Applicable. We have purchased FIXED ASSET without VAT, It shall be Treated as Fixed Asset.

Regards,
Venkat

my total income for the FY 2012-13 is approx 3,50,000 completely from salary. during month of Aug 2012, I resigned from the service of my former employer i.e. a PSU and as per terms of employment, I had deposited 1.50,000/- as bond amount. My query is that whether I can claim this amount as a negative income as a loss in salary for purpose of calculating total taxable income. whether any provision is available under the law.

The monthly bill amount is Rs.12360/-. The contract started in Jan 2012. So in the year 2012-13, the amount paid to the Contractor doesnt exceed the limit. But March bill is paid in April, will TDS be applicable for March bill?

Kindly resolve my query.

Thanks in advance