Dear all,

I just wanted to know that does the credit of interest to an unsecured loan calls for the auditor's disclosure regarding the same in the relevant point for acceptance of loan?

&

Whether opening balance of loan also required to be shown as loan accepted or not?

Plz rply.
Thaxs

why intt on late payment of service tax is not an allowable expense..where it is written under income tax act..even though it is not a personal tax like income tax or wealth tax...

hi
can u please let me know is the interest paid on late deposit of the service tax is an allowable expense under income tax act 1961.

Please reply soon

hello friends

a company in f.y 2008-09 made losses for rs. 25000 but but he received interest income from FDR rs 162450, can we set off losses for rs, 25000,

company is demostic & its business is marketing

plz tell me taxation inthis reagrd

We are a Construction company and having two income one is sale of plot and other is construction sale.

My query can we claim the abatement @67% on the gross amount of the construction sale agreement or we had to pay service tax on the entire 100%.

Thanks in advance.

WHAT IS THE LATEST TDS RATES ON PAYMENT OF INTEREST TO A COMPANY U/S 194 A , IS IT 10% OR 20%

returns were always filled in time before due dates. carry forward business loss and unabsorbed depreciation of earlier years though claimed in computation but could not be mentioned in inner schedules of ITR for earlier 1 or 2 years.

will the above losses be allowed to us and can we set off earlier losses to our current year's business income?

whether payment made to google (india) (p) ltd. for display our website in their search engine at google will subject to TDS under section 194-C at what rate i.e at 1 % or 2 % ?
please clarify

whether payment made to google (india) (p) ltd. for display our website in their search engine at google will subject to TDS under section 194-C at what rate i.e at 1 % or 2 % ?
please clarify

whether payment made for use of a small stall in exhibition for 4-5 days organised by "Confideration of Indian Industries" , a non govt. and non profit organisation:-
a) will it subject to TDS,
b) If yes, under what section i.e. sec 194-C as advertisement expenses or u/s 194-I as rent?

payer is a partnership firm.