Rent Paid Prepaid-Rent or Monthly-Rent Basic. Can we accomodate Provision for Monthly Basic or not. If provision is Passed then TDS liability Calculate for this Month or Next Month.

Hw many accounting stadndards in india present?

Dear member

An assessee had VAT liability of Rs.12.00 lacs as on 31st March 2009. being faced by liquidity problem, it made an application in the month of May 2009 to the concern official of VAT Department for an 12 equal installments. Appplication was considered and the assessee was allowed to pay the amount in 12 equal installment starting from 30th June 2009, the last installment being May 2010.Up to 30 september 2009 it paid Rs. 5.00 lacs. My query is

Will the balance amount of Rs. 7.00 lacs would be disallowed in pursuance to section 43B? Reference to case law would be highly appreciated

Regards

manoj

we are an t shirts export company and pay foreign agent commission through bank transfer.
recently the audit people from service tax department informed us that the ST on foreign agent commission to be paid wef.09.07.2004. we check other sources to find the effective date is only 19.04.2006.

next point whether foreign bank charges deducted in euro on realisations comes under perview of service tax, if yes are we to pay of the indian banks are liable to pay that.

the auditors who came for audit are not clear on this matter. how can the department send such igonorant auditors

I am non farmer having business of cultivation and distillation of Aromatic and medicinal plants. from which i have agriculture incom which is taxable or free?

Thanks
Ritesh

Sir/Madam

Under what head the following has to be shown, Current Assets or Loans & Advances

1. TDS/Advance Tax

2. Retention Amount/With-held Amount

3. Deposits like Telephone Deposit, E.B. Deposit,etc

And also whether these items will be considered for calculating "Current Ratio"?

Is it possible to form a Partnership Firm to trade in derivatives in stocks, commodities & currencies and for dealing in other types of capital market instrument??

What are the legal & tax issues involved in this??

Hi. I wanted to know the applicability of Tax Audit for an client who has received advance amounting Rs 1 Cr, but having his gross turnover less than 40 lakh. The client is engaged in the project activity.

Dear Friends,

I have some basic queries with regard to filing form no.3cd. My queries are:

1.When form no.3cd need to be filed? Along with return of income or after filing return of income?
2.Can it be filed after due date of filing the return?
3.And what is the procedure for filing form no.3cd?

Plz do the needful.Thanks in advance!!!

Rgds,
harika

Basis of Charge for Salary Income Says Salary either Salary received or due. Even for arrears it says either arrears due or received. You know the government has allowed 40% arrears in the year 2008-09 and 60% arrears in the year 2009-10. Can I include the arrears of 40% (due but not received) in the total income for the year 2008-09 and claim 89 relief.