Hello,

I was filed A.Y. 2008-09,E-return on 04-12-09 then what i do next , Can i submit signed ITR-V Acknowledgment to ITAX Dept Delhi or send it by POST to Bangalore........

Pl help me ........reply ASAP

Thanks in advance

Amit kumar
delhi009@yahoo.co.in

Proprietor's daughter is working in the concern & she was sent from the company for pursuing MBA (HR) at Singapore for upgradation. Can the college fees, lodging, boarding & travelling expenses of her be accounted in company's expenditure under staff welfare expenses.

Is educ cess applicable on TDS deducted on payments to contractors till 30th september 09?

I have filed my IT Return previous year online through myitreturn.com.

I lost the acknowledgement Receipts from the IT Dept.

Can I get the duplicate copy of these acknowledgement.

My PAN was not mentioned in the e-tds return filed by my employer 2 years back. I am claiming refund for the excess taxes deducted by my employer. But the IT dept is unable to give any credit for the taxes deducted and deposited by my employer. My employer is not willing to revise its return. Pls help.

Dear Experts,

I want to Know I have E-file IT Return for the A.Y 2008-2009 and take print out of ITR-V...
Before this Query I know from experts that for the A.Y. 2008-2009 you have to file your return to the Department..
I want to know Do I have to file Manually(onceagain) to the Department or E-filling return Printout of ITR-V have to Submit with 2 Copies (1 Copy for Dept. and 1 Copy for self)
one more thing I want to Know First My Juridiction is Different Place,My. 2008-2009 A.Y Service in Different Place and Now When I E-filling my Both Return A.y 2008-2009 & 2009-2010 form Different Place where I Transfered with Current Employement.

pls give me the Suggetions as early as possible bcs time is running up

Thanks in advance

is royalty a service
is their any tds implement on royalty payment

I am doing my MBA project in final accounts in a firm which does business on consignment. They purchase a stock on consignment at higher value than their sales value which they sells to their customers.
The difference (sales value-purchase value) amount is being reimbursed to them by the company from whom they have purchased.

In their trading accounts they have shown as nil gross profit. their calculation was as follows
Debit side
Purchase 1000 pcs @ Rs. 1250 = 12,50,000
(-) Purchase diff(of sales qty)
350 @ rs.250 = 87,500
TOTAL DEBIT BALANCE = 11,62,500

Credit side
Sales 350 pcs @ Rs.1000 = 3,50,000
Closing stock
650 pcs @ Rs.1250 = 8,12,500
TOTAL CREDIT BALANCE = 11,62,500

HENCE Gross profit is NIL

NOW I WOULD LIKE TO KNOW WHETHER THEIR WAY OF PRODUCING ACCOUNTS IS PROPER

hello everyone,

Can some body tell me whether there is any penlty for concelment in the following case:-

Suppose Mr. A never file return under wealth tax act. He receive a notice from assessing officer for filling of return. He filled return in response of notice.

Now assessing officer want to include all assets for penlty on concelment of income. Is Assessing officer is right?

Also give any circular or case law if any.

if any person forget to carryforwrd and to take setoff in last ay of house property loss what wiil be the solution? can i carryforward the loss in current ay? can i take a setoff in current ay? plz give suggestion.