Hi all,
My client has withdrawn 78250 from his ppf a/c. Is such withdrawal taxable or exempt. Please clarify with reasons for ur answers.

Hi experts
we have applied a form 1A in ROC-Delhi on 6/07/2013.

but till date the status shows "Pending for Action"

I have call many time to Delhi-Roc but they says to do wait only.

even no response received to user complain.

Please provide some suggestion regarding this situation.

can you tell me what is the new procedure if an individual having more than 20 lacs income, (if any)please explain it in detail?

Dear Sir,

My qualification is M.Com, after completion of my PG I am joining in Legal indirect taxation Dept. as a senior assistant I have 1 year experience in Legal indirect taxation but I can't show the good exposure in indirect taxation.

Please suggest how can i improve in Indirect taxation & plz suggest any courses relating to indirect taxation.

Whether payments made for property under construction based payment system whose possession are not received as on the reporting date should be classified as Investments under AS 13 or a Non Current Advance?
AS 13 defines- An investment property is an investment in land or buildings that
are not intended to be occupied substantially for use by, or in the
operations of, the investing enterprise.
and
Investments are assets held by an enterprise for earning income by
way of dividends, interest, and rentals, for capital appreciation, or for
other benefits to the investing enterprise.

Seeing the definition, any investment should be HELD or should be in POSSESSION to classify as an investment under AS-13.

But in substance, making payment for such investments is equally good to a procurement of a property. The value for the potential property which will be allotted increases in the same trend, had the money be invested on other ready to move properties. As the capital appreciation of the PAYMENT made is also increasing, the purpose of making payment is proved in favour of classifying them as investment.

I am getting confused about requirement of AS. Please suggest.

Whether Private Company can file IT Return after adoption of Balance Sheet in AGM?

Proposed AGM date : 12-08-13
IT Due date : 30-09-13

but we want to file the IT Return in July -13 itself. Please clarify, whether this move contradict any provisions of IT Act or Companies Act ?

sir
I am from Jaipur, Rajasthan
I want to know that what is the procedure for registration of partnership firm
and what cost for it

dear sir
i am from jaipur (rajasthan)
i want to know what is the procedure for registration of partnership firm and and what is total cot for it

An assessee having Presumptive income under section 44AD and also he has got Prize in kind (TV) in some scheme and sponsor has deducted TDS 30% TDS and credited in form 26AS.
Whether an assessee can use FORM 4S if not which form he has to use please advice assessee.

Sir,
For FY 09-10 i had filed my returns and clubbed my wife's FDR interest income with my income and also clubbed her TDS with my tds. She is a housewife and above was done as some FDRs were in her name.the bank had filed TDS in her PAN instead of mine, now i am getting demand notice as the TDS is less on 26AS on my PAN. At that time 26 AS was just started and i was not aware of it.
as she is housewife i was not filing her returns and she did not nor have any income.
Consequently my income had increased with her intrest income and at the same time the TDS had reduced causing me much loss and demand notice .
can you advice.

Many thanks.