Hi all

Self Assessment tax payable Rs.43000/- for A.Y.2012-13

While making payment A.Y. was selected A.Y.2011-12.

With the above mistake Payment made and return also filed on 30/07/2012

Now notice received received u/s section 143(1) dated 6/6/13

Later demand on above intimation received on 6/8/13

What can be done in this case????

Thank you.

I have a query please help solving it..

There's a pvt ltd. co. (say A) and a trust (say B). 5 employees is in the payroll of A but works on behalf of B. Now if A wants to claim reimbursement towards the cost of manpower from B, then whether Service Tax will be applicable or not ??

Pls note : A will only claim cost from B (and no profit will be added).

Hello Sir,
kindly advise me on following issue:
A father had sold his agriculture land, which is 12 km away from M.C. Area and deposited cash of Rs. 60.00 Lac in his son's saving a/c. A notice from Directorate of Income Tax (Intelligence & Criminal investigation) office has come to verify the financial transaction. His son assist him in agriculture activity and having J form(proof of crop sale from aadati) of Rs. 15.00 Lac in his name instead of father. he is only one son. pls advise me, can son take the "J" form in his own name and can his father gift him that amount and deposit the cash in his son a/c.

Hi all,
I am in great confusion.i am doing my articleship from 11months.actually my firm is a very small one.I am not getting any exposure in present firm.I attended to the interview in other firm recently.It is very good firm but in that firm they wont allow for CA final coaching.i had taken coaching until my ipcc.My openion is one should have good exposure to settle in career after CAfinal.but i dont have confidence that i can pass CAfinal without coaching.please advice me whether i should choose CAfinal coaching or good exposure???..and kindly inform me alternatives for CA final coaching to complete final succesfully.please reply fast.

thank you.

Hi, my collegues you all know that income tax department has stopped sending of Reset Password request to an ID from which the request has been made. So if any one gets a new client than how to solve this problem to file the ROI of that new client. Please share your views and ideas. Thanks in Advance to All.

Sir,

I have registered for articleship on feb-2013. I checked my status online & found registered. I want to take transfer but I do not received my articlship registration letter. nor ID card.

1.Can I take transfer and how?

2. Is articleship registration letter required compulsary to take transfer?

3. After the completion of my articleship, will it affect on my 3 year articleship period as I will not have old articleship registration letter i.e. feb2013 to aug-2013. will it considered valid without any documents?

plz reply as early as possible.

Sir Let me know the Pay service tax on billing basis or payment basis with notification.

Mr A stays in dubai and he gets his income in dubai as dubai is tax free country he income will not be taxed there. His family is basically in bangalore Mr A has opened a NRI a/c in one of the bank in bangalore and transfers fund from dubai. his balance in NRI A/c is around 15lacs. he has PAN number and has not filed any return of income al this years. now he wants to buy a site in blore from the funds available in NRI A/c in blore. Should he have to file his return of income in india. if yes whether its exempted or the whole income is taxable

can somebody tell me what journal entries to be passed when construction of building contract is received from the contractee?

i want somebody to put some light on my question, suppose i m an accoutant of a company, and my manager come up to me and ask me rs 25000 adv towards travelling exp as he has to attained a business meeting in delhi. he gave back to me rs 2000 on his return to office submitting authentic bills for rs20000 and said he lost rs 3000 on the way. so how may journal entries has to be passed in the books of accounts.