our company 1st FY 31.03.13 incurred losses of Rs.7 crores including depreciation of Rs.2 crores as per companies act and depreciation as per IT act of Rs.5 crores.
Please advise is it require to calculate deferred tax if require how to calculate
Thanking you

Dear Sirs,

My question is when ITR 3 & 4 for F.Y. 2012-13 is going to release by Income Tax Department?

Hi..I had charged service tax on my invoices last year and paid the returns accordingly. But the fact was that was wrongly done as my services fall in the category of exemption below 10 lakhs.
This year too I have charged tax on an invoice and paid it to the tax department.

Now, I want to surrender my registration as I fall within the exemption limit and hereby don't want to charge service tax on my invoices.

It is possible for me to do so ?

Sir,
I have completed my CPT and just gave the attempt of my IPCC.
I took admission in CS Executive through cpt result.
i came to know that we can do only 1 degree with CA.
so i want to know that can I do CS with CA by dropping B.COM?

Hello Experts,
I want to know the reason behind calculation of depreciation upto ay upto ay 1987-88 and 1988-89 and future ay separately in case of slum sale gift or inheritance of assets under section 43(1) expl 2

Thanx

Dear Sir,

We are paying service tax under reverse charge mechanism. Generally GTA doesnt charge service tax in their invoice. We pay to them their fee and deposits service tax @ 3.09%

We have received one invoice in which service tax is charged by GTA in their invoice.
Invoice is as follows.

Fee = Rs 1000.00
Service Tax @ 3.09% = Rs 30.90
Total = Rs. 1030.90

We have paid them Rs. 1030.90.

Do we have liability to pay service tax under reverse charge even we have paid to GTA.?

DEAR ALL

CAN ANY ONE TELL WHAT IS DIGITAL SIGNATURE

Hi..
I am directly coming to my query.
A company gives a work to a contractor to lay marble on their floor. Here, the problem is, contractor itself is supplying the materials(ie,marbles) and he does the laying work too.
Here my questions is whether company has to deduct TDS for the gross amount including the supply of goods or only for the contract work done by him under section 194 C.
Here bifurcation of supply value and contract value is available.

Thanks..

Dear All

can any one tell me what are ARE 1, ARE 2, ARE 3, ARE 4 ARE 5 etc.,

Dear Sir,
Suppose a flexi recharge retailer paid Rs. 97/- to telecom company and that company transferred Rs. 100/- talk time in his a/c.
Then that retailer sold that talk time to customers for Rs. 100/-.

Thus, the retailer saving of Rs. 3 would be termed as commission or profit?

If it is commission then retailer gross receipt would be consider at RS. 3/- only
or
his gross receipt would be consider at Rs. 100/-.

Please clarify.