Fellow Brothers,
It is now mandatory to e-file form 3cd etc. before filing return for cases covered under tax audit. I tried to fill up 3cd form downloaded from dept site. There are some issues which are not clear & I stopped proceeding further. Point No.18 of 3cd, regarding particular of payment made to person specified u/s 40A(2). Here it is asking to fill the details date wise for each payment. It is practically difficult.Some times it runs into pages. Salary to 2/3 relatives would have easily 36 entries. Will it be sufficient to write 31/3/2013 and total of all payments made during the year? Pls. Note that Form 3cd as appearing in IT Rules does not require date wise details. Even in case of AS 18, Related party transactions, aggregate amount is stated. If any one has submitted form 3cd have experienced the problem. Any solution?
Thanks.

hello experts,
Please solve this query as early as possible

There is one partnership firm(let say M/s AB & co.) which has 2 partner Mr.A & Mr.B, they both contributed in firm & made 1 Asset which is registered in the name of Mr.B.Now Asset earn a hire charges which received by M/s B & co.(Mr.B's proprietor concern), Now Mr.B paid share of hire charges to Mr.A. from M/s B & co. So My Query is...
1) How we treat that Payment made by Mr.B to Mr.A?
2)Whether M/s AB & co. require to come to the picture or not?

Please give me feedback as early as possible.

i have sent to icai 103 102 forms and orintation and itt certifcates for registarion in form 103 i have missed to sign in one place icai have sent letter to me to fill that singn and to return 103 now i have to sign in xerox paper or the original which i had,that i have to sent to them ?

is it is safe to sent again original and left with out original copy with me

Suppose a Private Limited company has taken certain amount from an individual who is an outsider say Rs. 25 lakhs. The company is using this amount for buying and selling goods.What should a company do so that it does not Violate the Companies Act and Companies Acceptance of Deposit Rules, 1975?
Should it return the money within certain time period?
Should it make that person a sharholder?
Or any other option to avoid violation?

Hello Experts
I entered through direct entry scheme.
I want to take leave from this August for my studies for IPCC . In between(September) i will be getting GMCS-I .
Can i Claim my attendance in this 15 days which i used for GMCS. will it be considered as holiday or not.
please help members.... thanks in Advance.....

can any one provide me with a board resolution for opening of bank account for gratuity fund.

Advanced received from house property for 3 months security deposit from tenant as refundable interest fee deposit is taxable in the head income from house property.????
In which year it is taxable ///
is it need to considered in house property income.

reply friends

We are PQRS LTD. We have sold the material to xyz ltd Hydrabad the details is as below.Our dealer is ABC Ltd Ahmedabad and our consignee is XYZ Ltd Hydrabad.

In this case xyz ltd had issued form-c in favour of us(pqrs ltd).

My question is can we validate the same as our dealer (abc ltd ahmedabd) do not want e-1.

Kindly advise.

Suppose "A" is a registered trader in Mumbai, Maharashtra.It has its VAT and CST registered Branch in Ahmedabad,Gujarat.Now A's customer "B" who is in Kolkata, West Bengal places an order to A's Gujarat Branch to deliver certain goods.A's Gujarat Branch in turn places order to a manufacturer in Pune, Maharashtra to be directly dispatched to Kolkata.

Now I want to know whether the above transaction is a E-1 Sale under CST Act since Manufacturer(Supplier) and intermediate Trader both are registerd in same state although the order is place by the branch?

in case of death of the proprietor on 16th august, depreciation claim would be allowed for half year or not ?
also, fdr interest earned till 31st march would be clubbed with the income of the executor or in the income of assessee and what about tds deducted by bank on such interest ?