FOR SHOWING LESS THAN 8% PROFIT, IF ASSESSE HAS NOT FILLED INCOMETAX RETURN WIITH THE AUDIT... JUST REGULARLY FILLED HIS RETURN...

WHAT ARE THE PENALTIES NOW HE HAS TO PAY.. FOR THE F.Y. 2012-13.

HIS GROSS SALES IS 61,28,500/- , BROKERAGE INCOME IS- 1,79,320/- AND OTHER INTEREST INCOME ON LOAN GIVEN IS 76,875/-...
TDS-20,800/- AND 80C- 46,100/-.

GROSS PROFIT- 1,09,766/- , NET PROFIT HAS BEEN SHOWN IS 1,65,510/-.

WHAT ARE THE REMEDIAL MEASURES FOR THIS

I just want to ask after completion of Articleship Principals signature stamp is required on form?
any other CA's signature is ok?
self declaration is sufficient?
any attachment is required?

I received an order for manufacturing of spares with an advance of Rs. 1,50,000/- against an order value of 6,00,000/-.
Party refused to take delivery.
sent legal notice.
sold the goods as scrap for 80,000/-.
Rs. 5,20,000/- is under recovery.
i am to file a money suit for recovery of damages.
how to account as copy of ledger has to be submitted.
stock a/c 6,00,000/-
debit to
sales 8,00000/-
mr.purchaser(advance received)1,50,000/-
Mr. purchaser(under recovery/ salvage loss)3,70,000/-
please enlighten.

I am a salaried personnel. My company has filed TDS for the AY 2013-14. According to the form 16, they have paid the correct TDS as I can match it with the form 26AS i.e. total tax deposited matched with the total TDS deposited.

Today I have received a notice from Income Tax Regional Office that "The return of income filed by me for the AY 2013-14 is considered defective u/s 139(9) as tax determined as payable in return of the income filed has not been paid.

Now I have downloaded the ITR form 1 (Sahaj) of income tax and filled all the details according to my form 16. After completion of the ITR form 1, I found that on the page "income details" all the data correctly matches with the form 16 i.e.total tax and income payable correctly matches with the form 16. But when i moved to the" tax paid and verification" page it shows "Advanced Tax" and "Self Assessment tax", which I could not understand. That makes the total tax paid much higher than the TDS paid by the company. Therefore, some amount is showing in the "refund" section.

Kindly guide me what to do next because I am a salaried individual and i have no other source of income. Though one thing is there is that amount of one of my FD has been credited to my account in the previous year. Does that amount add up in my total income? I shall be very much grateful to you if you could answer my query as I HAVE TO ANSWER THE INCOME TAX DEPT.WITH IN 10 DAYS. KINDLY ANSWER ASAP.

i am scaring as exam date coming near.. not able to get confidence help me.....

Sir/madam, I passed both the groups in Ipcc nov 13.I was told that one must register for articles with in 30 days from date of result.but Iam not yet completed my itt.is it valid when I enter in to agreement with an auditor right now and registered with icai after completion of itt?did there be any delay for my final attempt?

hello sirs,
i have a confusion regarding location of service receiver,
"say X ltd. is an HO situated in Mumbai. Now it contracts with Y ltd. for supply of a service to its branch located in USA. The terms and condition of service provision and payment for the same is made by HO from Ahmedabad. My question is who will be service receiver in this case? HO or Branch??

Gud eve respected seniors, I m a ipcc student. My story is not so much different from so many unlucky students.. last year when i passed my cpt in 1st attempt with distiction.. there is lots of happieness nd confidence in my nd my elders eyes.. soo i got my ipcc both grp reg for nov'13 exams.. but because of some wrong choices nd decisions... i couldn't complete my syallbus.. even i study only 2 months in this entire period... i m completely depressed nd not want to give this attempt.. but coz of family pressure i have to give exams.. voo kehte h na.. jb khuch kismat m nhi likha hota too voo nhi hi hota.. i give my 1st grp... nd in 2nd grp audit it-sm exams i got an accident nd couldnt give my exams...:-(:-( nw the result has arrived my marks are Acc 51 law 44 cost 40 tax 40.. ek trf s m khush hu ki i am passed in individual subjects but i m failed to achieve the target of 200. Nw i m nt soo depressed... i m full of confidence that in this may attempt i will defenetly clear my both grp together.. B-) Sir plss sugest me how to study means i have complete notes of my 1st grp nd i wanna to take video classes of 2nd grp classes.. should it is right too follow the old pettern of study which i follow too prepare for 1st grp in last attempt (however i will nt repeat the mistakes which i have dine) nd is the spending on video classes in the right decision?? plsss seniors help me out.. i want to clear this tym at any cost

hi we are 4 directors in a company. shares are we have 35,25,20,20. the 2 directors which they have 20%. there are not supporting and they are using company name & property and they are getting money from projects which they belongs to company. they are using the money for their own. now as I said they are not supporting. so, now how can I remove director what are the options dose I have to remove them. as well as what are the options they have to oppose me(having 60% share holding)

ITO CAN PHYSICALLY VERIFY AGRICULTURE LAND TO PROVE AS AGRICULTURE LAND FOR AGRICULTURE INCOME WHEN TALATI CERTIFYS THAT IT IS AN AGRICULTURE LAND