My Client has two pan by default which he was not aware last year he came to know.TDS is deducted on the PAN which is not active.So we have submitted letter to concerned assessing officer to deactive the PAN which is active (But not use by him)and to active the PAN ( on which TDS is deducted and is not active)but still the PAN is not cancelled. please help me in this regard to cancel the PAN

if We did any expense for the company & payment done from their Capital then how can we show this entry??
Let's Suppose,if ,We paid company Electricity bill from capital A/c ..then how we will adjust this entry in data.




Dr. Electricity
Cr Capital A/c


is this entry correct or not??

Please help me with this problem.i m just little bit confused in this question.

daer all
plz explain me if i have paid 17000 p.m salery have any employee & employee is a tax payee then i have also deduct t.d.s. on salery par month & how can calculate tds amount

plz its important for me


thanks to all who reply me

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?