PLEASE REPLY URGENT
Sir,
One of client received notice US 142(1) on dated issued on 09-05-2014 and ask to 'prepare a true and correct return of your income in connection with AY 2007-08' and earlier he had received a notice US 148 for AY 2007-08 on dated 27-03-2014 but it was not relate to him; ITO accept it unofficially (matter open till date). Now, ITO ask to appear on 19-05-14 regarding notice US 142(1).
My client having only income from a tractor nothing else. Notice is VALID?
Can we ignore, without facing problem in near future?
Please suggest earlier bcoz appear before ITO tomorrow morning.

Regards Vikas

Can someone tell me how Indian railways recognise revenue(as per AS-9) from sale of ticket coupons of Mumbai local train? According to me they should recognise the revenue at the time of sale of ticket coupon. But, is it against the revenue recognition criteria prescribed by AS-9? Because, as per AS-9, revenue can be recognised as per two methods: Percentage completed method and Contract completion method. If it is against the recognition criteria, whether auditors of Indian railways give a qualified report?

Whether Manisch Valecha Sir CA FINAL ISCA Book for CA FINAL NOV 2014 is available in Market

An Huf recieves interest income from on his unsecured loans as rs 195000/- and Rs 55000/- from two different sources in a financial year ( Total annual income is 250000/-) and invests Rs 60000/- in PPF account of one of his member to avail 80c benefit.
Is the HUF eligible to file 15G?

Dear Sir,
One of my client need to submit his response against the intimation of ITO. However this time he is unable to submit his response with in given time because his wife has gone through some surgical operations and assessee is busy in her take care.

Now please provide me format of application to extend the time for submit his response.

Thanks in advance.

I have filed TDS Return of Q4 FY 2013-14, after that one demand notice was received from tds department, notice have contained amont of rs 80000 to be paid due to lower deduction

in our verification we have noticed one challan was wrong section 194J instead of 194C

How can rectify this above mistake

If two companies are under amalgamation come together and form a new company then whether that new Company has to follow all that compliance to form a new company? and who will be the subscribers to MOA at such time?

sir how to write case law name in idt and DT whether only name is required or with yr plus cit / itat also ...please explain how to write

Dear All,
Can ITC be claimed on local purchase for interstate sales without C form(i.e to end user) under Pondicherry VAT? I am aware that ITC cannot be claimed in such cases under Tamilnadu VAT but is it the same in Pondicherry, Karnataka or Andhra pradesh? We are a wholesaler of Consumer durables in Pondicherry and are looking to sell to customers in other states using online marketplace platforms (Flipkart etc.). Kindly give your valuable advise and suggestions.

MY CLIENT HAVE A WORKS CONTRACT AT TPS SIKKA - JAMNAGAR FOR ELECTRIC MOTOR REWINDING SO THE ACCOUNT OFFICER I CALCULATE MATERIAL 20% AND LABOUR CHARGES IS 80% BUT THEY HAVE NO CERCULAR OR ANY WRITING MATERIAL FOR THIS PROCEDURE SO I CONFUSED ABOUT HOW TO CALCULATE THIS WORK THAT HOW MANY % OF LABOUR & HOW MANY % IS MATERIAL PL SPECIFY