I have filed an individual return for the A.y. 2011-12 on 28.03.2011 (belated return) showing a total income at Rs. 90000/-. In this return I have missed to consider loss from F&o at Rs. 166200/- and share trading loss at Rs. 32410/-. Now I have recd. a notice u/s. 142.

My quries are
1. whether I can file the revised return ?
2. what an A.O. can do with this loss?
3. Any penalty can be levied?

We have recd. notices reg. short paid of TDS. These vendors are under 94C and 1% TDS has been deducted as individual PAN & Advertisement. Pls. advise us that what code should be written on column "R" [Reason for Non-deduction / Lowerduction, if any Annexure 6)(424)] in TDS return file to avoid TDS notices ?

can any body recommend me which author book is best for Information technology of ipcc group 2...

what do we do in balancesheet analysis?please provide step by step guide

Dear sir,
In ITR-1 (AY-2011-12) of a salaried employee having Salaried Income more then 10 Lacs & in a tax bracket of 30% one SB a/c interest is shown & 2 other SB a/c interest is not shown. The other 2 a/c don't have any wrong or suspicious transactions.
The above case is selected for automatic computer selected scrutiny and now assessee is showing the bank a/c to A.O. & interest is around Rs. 5000 only.

My Question is :- What are the minimum & maximum Tax, Interest & penalty etc. will be levied by A.O. & any other action which may be taken by the A.O.

Dear Experts,

Can you please tell me what is the minimum Capital requirement to register a multi level marketing Pvt Ltd company or Direct selling Company?
Or
Ih there any limit of mca to register a mlm company, like minimum 1 cr. capital required for this?

what other registration we should take to run a multi level marketing company?

MLM Like :::--- AMWAY
Oriflame
Please suggest
Thanks & Regards
Ankit Sehra

Dear Sir,

In case of a pvt ltd company one charge was created on it and the company did not filed the form- 8 with in 30 days. Charge was created on 10.02.2013 and form- 8 was filed on 26.02.2013. ROC was seeking for condonation of delay for which we got several reminder but client did not filed it.

Now they are going to take a fresh loan from the same co. Now my questions are:

--Whether they can register a fresh charge without clearing the condonation of old one?.

---What is the status of old loan as i got an email from the ROC that the Company which has taken loan they would be marked NTBR (Not to be taken on record) necessitating you to do fresh filings again.

We are registered in Service Tax under Erection, Commissioning & Installation.

We have provided the services of Labour/ Manpower supply in the month of August-12 and continue to provide this service. We are raising bills under revise change system.

We have amended our RC in July-13 and add the Man power supply agency in the list of services.

Now we are filing return for the period July-12 ~ Sept12

1. Can we file the return now.

2. For Example we have provide the Service of Rs. 1,00,000/- in partial Reverse change system
While filing the ST3return in Payable-Quart-Service B1.6 which amount we have to provide

If we provide the Value Rs. 1,00,000/- than the Service Tax Payable shows Rs. 12000+240+120 but as per the Reverse Change the Service Tax Payable is Rs 3000+60+30.

Please advice.

I Want to know whether is applicable or not on purchase of ERP Software.

If a normal unit other than eou export goods outside india; whether liable to pay excise duty or not / is the case they will be once charged and then they can claim refund of duty.
What are the provisio applicable to eou and sez related to export of goods in realation to duty ?