CA Manish Sharma
17 January 2014 at 07:50

Return filed by someother person

Hi

Somebody has filed ITR without known to my client. We come to notice on receiving demand from IT Department. AY - 2012-13 filed on 20/04/2013. Can you please advise how to revised return and demand.

Awaiting quick response please.,


MVRK KISHORE
17 January 2014 at 07:38

Export benefits

Hi Good Morning to all, we are manufacturers of Rubberised Coir Products. our major inputs are not excisable and few inputs are Excisable. Since, we are charging 2% excise duty on our end products, we cannot take cenvat credit. We are going to make export, shall we eligible for duty drawback or will get any other export benefit. please guide me



Anonymous
17 January 2014 at 00:25

E-filling of income tax return

dear sir

i am a partner of a partnership firm. i received interest on capital and remunaration of the firm also i have income from other business. my quiry is which form I used for e-filling and where i show interest and remunaration in ITR????


CA Venkat.
16 January 2014 at 23:38

Ca final

How did i get less marks in ISCA even if i wrote well.? I expected minimum 50.but didnot clear it.just because of failed in this paper i was not through the CA Final.Can any body give their precious suggestion in prepertion of ISCA.?



Anonymous
16 January 2014 at 23:25

Demanding of purpose letter from bank

ii) The banks are required to keep a close watch of cash withdrawals and deposits for Rs.10 lakhs and above in deposit, cash credit or overdraft accounts and keep record of details of these large cash transactions in a separate register. (Circular DBOD.BP.BC.57/21.01.001/95 dated May 4,1995).

(iii) Branches of banks are required to report all cash deposits and withdrawals of Rs.10 lakhs and above as well as transactions of suspicious nature with full details in fortnightly statements to their controlling offices. Besides, controlling offices are also required to apprise their Head offices regarding transactions of suspicious nature. (Circular DBOD.BP.BC.101 /21.01.001/95 dated September 20, 1995). Early computerization of branch reporting will facilitate prompt generation of such reports.

sir,
considering above r.b.i.circular,i need guidelines.
i have saving's account with a multi state schedule co.op.bank since 25 years.
in last week i went to bank to cash deposit of rs.3,00,000(three lacs) in my saving's account.my banker's forced me to submit purpose letter in which i have to state that to whom i issued cheque & for which purpose i give cheque to that party( i.e.for loan,business transaction).
secondly my banker's forced me that i have to giving in writingto my banker's that i have that type of business/profession in which often cash transaction taken place.so in other words i have to state my cash flow.
sir,question is that as per r.b.i.circular i have no need to submit purpose letter as i am cash deposing rs.3,00,000 which is less than rs.10 lacks.
pl.give me guideline for my banker's attitude.may i have any right to oppose my banker's demand?
thank you.

vipul shah


kapil
16 January 2014 at 23:11

Mvat



sir,

how to learn vat audit any tips


eshwari
16 January 2014 at 22:37

Articles

plz tell me where to do articles whether in Chennai or Bangalore and how to get into firm


ASHESH BHARDWAJ
16 January 2014 at 21:59

Audit by ca

My father is a salaried person and he has got his Form 16 by his employer and now he wants to file his ITR . Is he required to get it audited by CA before filing return .
If he also has Rent income then also is he required to get accounts audited.



Anonymous
16 January 2014 at 21:22

Income tax return filling

WHICH SALARY INCOME HOLDER WILL COMPULSORY FILE RETURN. WHAT IS THE LIMIT

WHAT IS THE TAXABLE INCOME LIMIT OR GROSS SALARY INCOME (BEFORE DEDUCTION/EXEMPTION)
IN WHICH LIMIT IT RETURN WILL BE FILE


Prabash Dey
16 January 2014 at 21:10

Tds/tcs

Sir
Can I directley submit TDS/TCS return through online without going to any TIN faciliation centre ?






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