dear Sir
Please rectify my entry if it is wrong.
at the time of proposed Dividend on 25-Mar-2013 5% on net profit. Can I make the following entry

Dividend Expenditure (retained Earnings) Dr
To Dividend Payable Cr

On 2-May-2013 the dividend paid

Dividend Payable (C.Liabilities)Dr
To Bank

Is these entries and Head of account are right?

Urgent reply please help

Hi,
I have filed nil return for all the 4 quaters for one of my client now i want to revise the 4 quater return, but while downloading the conso file and making the required entry , the file has shows the validation error as deductee serial no not inputted.
Can any one help me to sort out this query

Sir,

If I want to file IT return for FY 2011-12 under section 44ad as belated 139(4). Is it possible or not..?

I like to know last date of filing of montly d-vat return and can I edit monthly return option because while Today I am filing dvat return and website is showing Qtr return option only.How can I edit monthly return or file monthly return.

Dear Experts,

I had deducted TDS (on interest) Rs.18,000/- @ 10% on Amount 1,80,000/- dt.13.03.2013
and made payment on dt.30.04.2013.

But at present I don’t receive PAN No. from the above deductee, so have to deposite the
balance TDS @10% (tds without PAN No. 20%) with interest, so I need your opinion how much actual amount to be paid?

Thanks and regards,
Manish K

when assessee(exports the final product) pays 100% duty on inputs and claims refund and department due to some reasons only allow refund of input tax till 85% and disallows 15 % refund
such 15% will it be taken as wrong credit taken and accordingly rule 14 of cenvat applies of interest liability ???
case laws needed in supoort that interest sholud not be charged on such disallowed amount ,as interest liability arises only when credit has been taken and duty legally due to government is not paid.

Dear All
Do we need to deduct tds u/s 194 IA in case two individual jointly buy a property worth 73 lakhs? as each individual share is 50% each.hence they pay 36.5 lakhs which is below Rs 50 lakhs.
Should they apply for TAN and submit returns individually?

I have uploaded C form file in the www.mahavat.gov.in on 11 May 2013. Still C form is not received. Now I want to check the status online.
Could you please help me in getting the online status step-wise.

Thanks in advance.

sir i am doing retail gold and gold ornaments business if i sale 10 gram gold coin it will cost approx 28500.
Also if i sale gold ornament 10 gram it will cost approx 31500, my question i have to collect tcs on above transaction or not all transaction are cash.plz answer also limit of gold coin and gold ornaments sale in cash plz specify.

Hello Everyone!

At the time of re-issue of forfeited shares, there is a requirement that a company can re-issue shares at discount but the amount of discount should not exceed the amount already forfeited. My question is where in Indian Laws or Rules or Regulations, such requirement has actually been provided.

Please Rly

Thanks and Regards