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Pratik K
16 July 2009 at 08:53

Traffic Penalty Vouchers Allowed?

While conducting Audit I found three vouchers where the company under Audit is found having three Traffic Signal Vouchers for breahing traffic Rules.

I in first instance disallowed them.Am I doing right?

They are explaining that its businees expenses as the bills of goods were to be delivered within a hour.And hence the person break the signals.

What should I do?


jaigurudev
16 July 2009 at 07:58

tds on lorry frieght

we have to pay lorry frieght above 50000
we have to deduct tds on lorry frieght? as parties has no pan no.and no bank account
also they accept only cash and not cheque.
please advice


jaigurudev
16 July 2009 at 07:52

incometax liability

my income from salary 50000+int. received from parties for unsecured loan 185000-loss from shares as shortterm capital loss35000-int. paid for money taken for lending to others as loan 50000.please advice me i have to pay tax and how much.
will my officer dis allow as int.paid
with thanks


chetan
16 July 2009 at 07:46

internal audit

when the internal audit is require ?
if there is any limit for internal audit ?


JANKI
16 July 2009 at 01:32

diallowance u/s. 40A (3)

In one of the company, many payments are made exceeding rs. 20000 against the same bill. Is there any way by which such entries can be changed so that the disallowance u/s. 40A (3) is not attracted.

Plz answer this as soon as possible.


JANKI
16 July 2009 at 01:29

diallowance u/s. 40A (3)

In one of the company, many payments are made exceeding rs. 20000 against the same bill. Is there any way by which such entries can be changed so that the disallowance u/s. 40A (3) is not attracted.

Plz answer this as soon as possible.


nilesh
16 July 2009 at 00:24

Income tax return for NRI

Person is resident outside india, earning salary outside india and has received it outside india but remitted the money in india. Can he file nil return in india showing his salary income.


Sunil Agarwal
15 July 2009 at 23:48

TDS

commision paid to an salaried employee on target achieved by him. tds to be deducted as per sec 192 or 194H


Sunil Agarwal
15 July 2009 at 23:42

tds

suppose If x ltd pays rent to mr Y after deducting TDS but rent paid on the behalf of z ltd. later x ltd claim full amount of rent from z ltd by issuing a debit note and entry passed in the books of z ltd
Rent a/c dr
to x Ltd
then whether z ltd is liable to deduct TDS on x ltd or not on rent. and what will be the answer if x ltd has not deducted Tds on Mr y.


harry

1.what is the time limit within which Form 16 & 16A should be issued by the assesee ?

2. will it change if the assessee were to be a company?

3. Can Form 16 & 16A be issued before filing TDS returns?