Is provision for discount to debtors an allowable expense.If yes please provide section reference.
When Provision for expenses are allowed in Income computation??
An agreement dated 31/03/2013 was made for Rs.2400000 at stamp valuation rate , for sale of land by giving advance and final payment on clearance of a civil case on that land.
now on current date 01/11/2015 the purchaser wants to get the land registered but now as per stamp valuation property values at Rs.7000000.
what will be the date of sale of property an d what will be the sales consideration?
its urgent please
Dear Sir,
I have imported consolidated file for correction purpose but it is not accepting any sort of correction.
1) Wrong Challan Number has to be corrected as correct challan number.
2) Challan Amount has wrongly mentioned as Rs 100 instead of Rs 50 but now the consolidated file is not accepting correct amount.
3) Annexure is not accepting correct amount.
Please guide me and oblige.
yours truly
tarique rizvi
i filled itr 4 in place of itr 4s in which i showed business type trading others and only filled the detail of 4 brakets in genius like debtors cash stock and creditors not sent b.s. whole is it correct ?? is it compulsory to sent b.s. in itr 4
Answer now
Dear Sir,
I have seen a msg on e-filing website. Stating that -
Attention web service users we have depoloyed secured web service.......
What is the meaning of this msg?
Please clrify.
I Want add one deductee in Q1 Return & for that I Already paid TDS Amount with Interest but TDS Software ETDS is not allowing me to add the challan after downloading of NSDL Conso file, so in that case how can i add Challan in Q1 TDS Return?
Answer now
Dear experts,
In partnership firm one partner's husband doing job in firm, plz let me know weather salary given to partner's husband will be disallowed or not, u/s 40A(2)(B)
Thanx & Regard
Rahul mehta
Dear Sir,
One of my friend working as medical professional at two different hospitals and his PF has been deducted from both hospitals. We want to know whether deduction of PF dual is okay. He is been treated as employee not as an professional, his salary will be 3.6L per year by consolidated both.
Kindly suggest for the same.
Regards,
Shivanand
Fact of the case
1) assessee has received the duly filled form 15G/15H at the beginning of the year but same has not been furnished to the income tax department till date.
2) however issuer of form 15G/15H has furnished return of income and paid the tax due there on.
3)Is assessee is liable to any penalty as assessing officer is asking for the justification.
Please share your view on this
Thanks & Regard.
DEAR SIRS,
I HAVE FILED ITRS AND SEND "SIGNED HARD COPIES" TO BANGLORE CPC ON 10TH SEPTEMBER 2015. YET NOT GET RECEIPT FOR IT.
IS IT COMPULSORY TO E-VERITY BY AADHAR OTP TO PROCESS RETURNS ?
GENERALLY HOW MUCH TIME TAKES TO GENERATE RECEIPTS OF ITR V SUBMITTED TO CPC BY SIMPLE POST.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Allowability of provision for discount on debtors