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Kunal Verasinghani
22 July 2014 at 14:59

Tds

I purchase goods from Mr.A of Rs.60,000.
While on the date of payment. Mr.A said pay Rs. 6000 as commission to Mr.C on his behalf.
Whether the TDS should be deducted or not.??
As Commission is not my Expense. I m Paying Commission on behalf of Mr.A... Please Solve this Query..



Anonymous
22 July 2014 at 14:59

Interest on housing loan

Hello,
I have pre-construction interest on housing loan, for which i m taking rebate since 3 yrs.
but in the f.y.2013-14, i have sold the property, can i take rebate of pre-construction interest for A.Y.14-15?



Anonymous
22 July 2014 at 14:56

Income of deceased spouse

Spouse having rental income of 50000/- p.m died on 30-9-2013, now rent recd by the spouse for six months and for the last six months of the F Y recd by alive spouse. How to file ITR and in whose ITR the rental income will come and how much.


ARUN KUMAR MAITRA
22 July 2014 at 14:50

Agm-notice

The Company has already sent out the Notice to its members calling the AGM of the Company with a facility to the members to electronically vote on the resolutions. The Notice included an item for approving related party transactions.

In this regard the MCA vide its Companies 5th (Removal of Difficulties) Order dated 9th July, 2014 amended the definition of related party under the Companies Act, 2013. Due to such amendment certain persons fall out of the definition of related party and accordingly the approval of the members would not be required for transacting with such parties.

Query

Can the Company modify its resolution in the Notice to give effect to the aforementioned amendment in law considering that the notice has already been served and e-voting is due to start in a day or two?


Bhavesh

we have miss a Duplicate for Transpor copy, we take a cenvat based on Original for Buyer copy



Anonymous
22 July 2014 at 14:40

Tds on latepayment

sir,
i had filed a tds return for quarter 1.but received an intimation u\s 201 of IT that interest on late payment.actually i did a mistake while filing return in deductee entry as 30/4/2014 instead of 31/5/14(entered april month details in may) in date of payment.but actual payment was made on 6/6/2014.so IT takes 30/04/2014 as date of payment and charged interest on late filing.

now my problem is.... can i file correction statement correcting date or to pay tax amount and file correction statement by passing interest entry..

plz give me quick reply
thanking u advance


Vipin Kumar Sharma

DEAR SIR

WE ARE PVT LTD CO. & MANUFACTURING A PRODUCT (FLANGE) FOR OUR CUSTOMER. WE HAVE DEVLOPED GAUGE FOR THIS ITEM. PARTY HAS RAISED A P.O. FOR GAUGES DEVELOPMENT & CHARGED SERVICE TAX IN THEIR P.O. BUT WE HAVE PURCHASE MATERIAL FOR DEVELOPMENT OF THIS GAUGE. PLEASE TELL WHAT WILL BE CHARGED EXCISE OR SERVICE TAX AT THE TIME OF INVOICING.
GAUGES WILL BE PROPERTY OF PARTY.

THANKS & REGARDS


ca pawangupta
22 July 2014 at 14:36

Carry forward of loss

dear experts, my query is my client have a loss of short term capital loss f.y.2011-12 100000Rs but not c/f of f.y.2012-13 so my question is can carry forword of stcl f.y.2013-14



Anonymous

we would like to make payment to and Indian Company having EFC Account in USD for Visa Services provided by them. In return we will provide this service to our Russian counterpart who will also pay us in USD. Our supplier will raise this invoice in USD as they further have to make payment in USD.

Now please advise us whether we can make payment to Indian Supplier in USD and what are the documents you will be requiring for the same.



Anonymous
22 July 2014 at 14:28

Income tax for lic agent.

I'm an LIC commission agent. I wrongly filed ITR 1 instead of ITR 4. What should i do?
(I have downloaded ITR 4 java utility but some errors are showing up).