If a company is going to have loss as per projected computation say of Rs 12,00,000/- then how is lower tds rate calculated and tds liability is around 1,15,000 plz reply urgently

i have passed both groups of ca-ipcc one by one separately. so i want to know that how much attempts of mine will be counted so far.

I am a Chartered Accountant working with Capgemini as a consultant for ERP packages. Recently i came to know about CISA certification. Can anyone please help me to know about future prospects of having CISA certification with CA, areas of work, any other course better than CISA in terms of growth prospects which is related to IT and suitable for CA's

Sir,

when gold or silver jewellary is leviable for wealth tax? & what is the exempted qty of gold & silver for wealth tax for womwn & men both?

When gold jewellary is taxable under income tax & What is the exemption limit for income tax purpose for women & men both?

Hi All,

I have a query with respect to TDS on Rent:
Employer is paying rent on behalf of employee and deducting TDS on the same.
Also, employer is recovering the amount along with the TDS from the employee.
So the query is whether TDS is applicable as the amount is recovered from employee?

My client's company has some ITC standing in the books but its not matching with the return. How can I adjust the diff ?

dear all,

i have a query, a pvt co has an authorised capital of Rs.30 crores. company has offered shares upto Rs. 25 crs. there was an over subscription of Rs.29 crs. can the company convert the excess amount over 25 crs as further share capital since it falls within 30 crores. what is the procedure to be followed.

My father a retired public servant sold his 1978-constructed house in 2012 (Oct.) and purchased another in 2012 by paying part of the sold amount. The long term capital gains was arrived as Rs 27,21,000 after deducting the cost of new house (Sec.54). The tax payable is calculated as Rs 5,61,000 (including Edu.cess 3%).

01. What is the last date for paying the tax ?
02. Should Challan 280 be used for deposting the tax ?
03. Should he pay the required amount as Advance tax (100) before 31.3.2013 or Self Assessment Tax (300) before filing the returns in July 2013 ?

Please advise.

Sudhakar

HI TO ALL CCI MEMBERS,

GREETINGS FOR THE DAY!

I HAVE ONE QUERY AN ABOUT TDS.
EX:I HAVE CONTRACT (OFFICE MAINTENANCE) WITH ONE INDIVIDUAL & MONTHLY PAYING RS,15000.
MY ANNUAL TURNOVER IS 2000000, HERE I CAN ELIGIBLE FOR TDS DEDUCTION?

THANKS IN ADVANCE

sir please tell
mr.A received lic pension after his retirement...
whether it is taxable under income tax act ???