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Easy Office


Gokul
31 July 2009 at 11:31

Ward No in e filing of IT return

Is it nessesary to fill ward no. in e filing of IT return?


parvinder singla
31 July 2009 at 11:27

sec. 54B of the income tax act

As per sec. 54B, only the amount of capital gain should be deposited as per capital gains scheme. Am I right ?
i.e. If a land is sold for 1200000 and the LTCG amounts to Rs. 400000, then only rs. 4 lacs is to be deposited, not the entire amount. The balance Rs. 8 Lacs can be invested anywhwere.
Further, The amount of capital gain should be deposited in the capital gains scheme for a period of 3 years. What after the period ??
It can be withdrawn and used anywhere or it is to be used for purchase of agricultural land only. If not used for purchase of agricultural land, then LTCG is to be paid or not.
Please solve the query in the way it is asked.


deepak
31 July 2009 at 11:06

TDS

IF PAYMENT MADE BY COMPANY TO INDIVIDUAL FOR AIRCONDITIONAL HIRE CHARGES TDS CAN BE DEDUCT ON PAYMENT?


deepak
31 July 2009 at 11:02

TDS

a)IF PAYMENT MADE BY COMPANY TO INDIVIDUAL FOR AIRCONDITIONAL HIRE CHARGES TDS CAN BE DEDUCT ON PAYMENT?
b)TDS can be deduct on payment made to individual for repairs & maintanence of machinery & electric,if any specific limit pls forward me


Samir
31 July 2009 at 10:41

T.D.S ON CLEARING AGENT

DEAR SIR

WE HAVE MADE ADVANCE PAYMENT 100000/- TO OUR CLEARING AGENT RELATING TO SHIPMENT FROM CHINA TO INDIA (IMPORT). WHETHER WE SHOULD T.D.S OR NOT IF YES THEN WHAT WILL BE RATE

THANKS


CA R. Srihari
31 July 2009 at 09:55

PCC Results - june 2009

when is pcc june 09 results going to be out?


Rishi
31 July 2009 at 09:23

CA PCC (CLUBBING OF INCOME )

Rspected sir,

acc. to section 64(1A) icome of minor to be clubbed in the total income of either parents whose total income is more BEFORE CLUBBING.

my Q. is that total income of the parents computed before SECTION 60 TO 64 or only before section 64(1A) (FOR THE PURPOSE OF ABOVE)

thanks in advance..


Vijay Kr. Mishra

A Partnership Firm (not a retail trader) is resulting Net Loss Rs. 45066/- and Turnover is below Rs.40 Lakhs. Should the Firm required to Audit ?


Arvind Pusalkar

My friend come to know recently that someone had deposited TDS (Rs. 5610/- ie 5.1% on 1,10,000/-)under his PAN No. without his knowledge under sec. 194H for the financial year 2006-07. My friend is painting contractor and did not file any IT return till date. He came to know this thru Form No. 26AS. What can he do now?


Guest

1. Both the Foreign Nationals obtained
DIN & DSC for one.

2. They are in Chennai, India presently.

3. Till they incorporate the private
company in CHENNAI, TAMIL NADU,
they will be in India only.

Please confirm my understanding as follows :

1. To apply for Name Availability.

2. To prepare MOA / AOA after name availability.

3. To buy stamp paper Rs.200/- MOA;
Rs.300/- AOA; Rs.20/- POA; Rs.20/-
Form 1 - Declaration of Compliance.

4. To prepare power of attorney (in favour of CA for making any corrections in the docs).

5. To get signatures of both the Foreign Nationals (who are the Promoters &
Directors) in the MOA / AOA / POA / Declaration of Compliance / Consent
Letters (as we do regularly).

6. Thereafter, regular scanning, e-filing, etc.

Kindly correct me and confirm whether my understanding is perfectly in order.

Thanks for the response.