Income Tax queries [Resolved] [35089]

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Anil Kumar Kedia

This Query has 1 replies

25 May 2008 at 17:53

TDS on professinal fees

Valuation of Property fees debited by bank in party account on behalf of party , and bank reimbursed this amount from party Accordingly party booked this expenses under head professional fees. The TDS liability arise as professinal fees paid then who will deduct the TDS Bank or party . Kindly let me know please

JaiPrakash Agarwal

This Query has 4 replies

25 May 2008 at 17:18

Basics of Practical Life

If I transfer a sum to my father for his livelihood through bank.
The journal entry would be

Drawings A/c___________Dr.
To Bank A/c

or will be treated as loan

Loan A/c___________Dr.
To Bank A/c

(Note: the amount is not refundable & nor i am charging any interest, its my responsibility to take care of them and hence its a transfer so that they can meet their expenditure as I live outside town)

Malvika Taparia

This Query has 2 replies

25 May 2008 at 15:35

PCC Reference books

hello, i would like to know that who would be the best authors for all the subjects in the PCC exam...........my attempt is may2009

ejaz

This Query has 4 replies

25 May 2008 at 15:28

tax dededtion at source

a proprietorship firm was under tax audit u/s 44AB (because his net profit was below 8% of turnover under costruction business {u/s 44AD}) in the previous year. whether it compulsory for him to deduct tds this year

Preethi

This Query has 1 replies

25 May 2008 at 13:50

What kind of a firm do I need to incorporate as?

Hi,
I am an entrepreneur looking to start my own company.

I would like to know the advantages and disadvantages of starting a sole proprietership, a partnership or a private limited company.

Has the Limited Liability partnership act been passed in India? What are teh advantages and disadvantages of this?

What is the income tax structure related to each of the above structures?

abhishek gupta

This Query has 4 replies

25 May 2008 at 12:53

doing ba help me.

well i am doing ba from icfai university by distance learning.i want to know that after completing my ba am i eligible for ias examination

Pawan Patil

This Query has 2 replies

25 May 2008 at 10:56

Excise Duty Cenvat

Respected Sir,

ABC Company get Excise Duty Exemption
The said Company purchased Raw Material
with Excise duty.

Can Company pass on benefit of Cenvat Excise Duty to it's customer ?

Your immediate reply will be highly appreciated

With best regards,

Vilas Choudhari