Hello to all

i want to know if AO issued the notice u/s 148, for the AY 2005-06 then is it possible for him to take the case also for the last 3-4 years ans also tell me that if assessee have a refund in his ITR of AY 2006-2007, whether the AO can refuse to give it on the basis of AY 2005-2006 case.

Thanks

W.e.f. 13-July-06 Scope of Section 194I has been extended to cover any rentals payable on equipment by the company.

Is vehicle which is a capital asset does fall within the definition of Equipment and hence any lease rentals payable to leasing company will attrack TDS deduction under Section 194I?

can anyone tell me whats the passing percantage all over india and whats the highest all over india

I have read at many places that before applying for compounding of offence under 621A, the offence committed should be first rectified i.e. it should not be a continuing offence. For example, if the Bal Sheet etc. is not filed or Sec 383A is not complied and so on, such offences have to end first by filing the documents or complying with 383A etc.

Can you tell me under which section, rule or guidlines such prior compliance before applying for compounding is indicated.

My email ID is atulv27@gmail.com

Regards.

Atul V.

Can anybody sugget me about whether are there any V CDs availabe for final year papers . so that it can help in preparation . Or else any coaching institutes that provide online coaching @ CA Final level.Plesae help

Gufran khan
+91 9923810173
Pune

a firm[say a] has taken a frenchise of a product from a firm[say b],
firm-a accepts only credit card payments,
the amount of sale(credit card sale) is send to firm-b.
later firm-b will pay some amount to firm-a as per their contract.
how will the credit card payments be recorded in books of firm-a.
Also some bank charges are deducted for this facility by the bank.
please give me entries to be passed in this case.

What is deferred tax liability?

How to do accountis for it?

in which form/format and when application for industial training be submitted to a selected company.

One of my clients has lost the copy of IT teturn filed by him in previous years

Kindly tell me from where to get a duplicate copy of Income tax return filed in previous years.

if a Pvt Ltd co. is trf of land (stock in trade) in a partneship firm as a capital contribution then on this transaction stamp duty will be attract or not.if attract then what will rate of stamp duty under indian stamp act