assessee has turnover Rs. 60,00,000/- but he file return with GTI Rs. 1,80,000/- only now assessee is require to get audit to accounts. if he file ITR-4.

excise dealer not a manufacture has tin no and also excise no he flie vat return properly but in excise he is not file his excise return but making sale purchase on excise basis

suppose a person make several purchases in a SINGLE day against different bills from a same vendor-
on the date of 1/4/2013
bill no.100 Rs-12000
bill no 124 Rs-18800
bill no 138 Rs-19000
and payment made on 5/4/2014 for all bills i,e 49800.
so plz guide me that this expense is to be disallowed or not u/s 40A(3).

Hi,
Does service tax reverse charge mechanism apply to state government owned power distribution company Ltd. Please suggest

Thanking you,

Hello frnzz i m a student of ipcc n givin ipcc from may 12 bt skip 2 attempt in the year 2013 and nw givin in may 2014 .
I am totally confuse about my career i hv completed my b.com nw.
But frm childhood m intrested in painting n m too creative in this field. Nw i m much thinking about becoming a painter thats my hobby also. Bt cant understand wat to do...pls help me out.

I am a retired person , having pension income. My total taxable income for f.y.2013-14 is going to be beyond the tax exemption limit. The total taxable income, after all taxfree investment u/s 80 c , is 2,08,768. ( I am male.)

Can I take deduction regarding the depreciation on my bike, telivision, refrigerator, and furniture ?

I have not calculated or claimed any depreciation on any of these assets, in any of the previous i.t.returns.
And I have not bills/invoices of. furnitures.

What should i do? Please,help.

as i know earlier there was a rule for taking service tax credit that you can take service tax credit even if payment not made to service provider but it shall be paid with in 90 days from the date of credit taken
Whether such 90 days has become 6 month or it is till 90 days.
pls confirm.

one of the income tax professional has been using section 89 to let the Army Personnel take Refund of huge amount of income tax.when i checked the salary slip/form 16 of the army person it nowhere shows the salary recievd in arrears/advance/any amt recieved in voluntary retiremnet. How is the section 89 appicable here???

Respected sir
If my income only in head of other sources(Interest Income). Can i claim Interest paid expenses against my Interest income in my income tax Computation ?
Please Give me reply.



Thanks

Dear sir/madam can somebody let me know that the RBI comes under which category of IT Act 1961, and whether it is a body corporate or a business entity.