I am a salaried tax payer. In my return for a.y. 2011-12, i did not declare SB interest of Rs 2000.00 or so but VOLUNTARILY declared it during assessment which was completed in Jan. 2014. As per findings of IT Officer, my net tax liability was assessed as rs 222305. I
had TDS of rs 221670 which has been recorded in assessment. Thus i paid rs 635.00 less as Income Tax. The ITO demanded Rs 8580.00 as tax i.e. rs 635 + rs 7944 interest. The calculation is in a computer print out. To avoid mental agony i paid in Feb. 2014 without checking on seeing computerized calculation. But I think there is a mistake and the demand is excessive. Is it too late to seek clarification/rectification as more than 3 months have passed

I want to ask that in reverse charge under service tax can service receiver can take credit under cenvat and if not then why???? Please answer thanks in advance

Can a Private limited co. accept deposits and unsecured loan from Another Private Co. and Partnership firms. If yes, then is there any formalities and regulations to be fulfill.

could u please send to this Email Id Anjitirumalasetty@gmail.com details and formets for private limited company formation.

Dear Sir,
We are Registered as Service Tax Distributor. During Previous year i.e 2010-11, 11-12, 12-13 & 13-14 we mistakely forgot to take credit of Cenvat. Total Amount is nearly 20lacs. Can we Take the Same in Current Year? Kindly Advice as early as possible.

Dear All,

WE RECEIVED WATER TANK FROM WATER SUPPLIERS NO OF TWO TRUCK TRIP

CAN I DEDUCT TDS OR NOT PLEASE ADVICE.

THANKS

Sir

i am a employee in a pvt.ltd.compnay .
i am received a amount in advance against my salary .now compnay,s running financial year is close.
compnay pay me my annual benefits(bonus,cl/pl & medical) after deducting balance advance amount.
compnay decision is right or wrong as per labour law .

Dear all,

while choosing career which option is better in terms of work life balance & earning

hi . . I am appearing for cs exam executive module 1 old syllabus in June 14. I just wanted to know what is the minimum marks to be obtained in other papers, in order to get exemption in one paper?

Suppliers are sending invoice in which freight is added to the basic amount and then sales tax is calculated. is it correct.