Dear Sir,
I just want to know whether effect of revise return has been started st NSDL or not ?
If i do revise return now will i able to generate form 16A after changes made by me ?

Dear fellow brothers/sisters,
A firm has taken over a proprietorship business including debtors, creditors, secured and unsecured loans (exceeding Rs.20000) and other assets and liabilities. The firm has not "accepted" any loans form lenders of ex-proprietorship business, directly.It has only "acknowledged" the loan liability and provided / paid interest to them. The firm has passed journal entry crediting lenders a/c and debiting proprietor a/c. (being loan liability of proprietor taken over)
1) Whether this transaction is hit by sec.269ss? 2) Is it necessary to report the details of lenders in 3cd clause 24. if yes how?- if we report these loans as accepted otherwise than a/c payee chq/dd, penalty u/s 271e and other litigation would follow, though u/s 273b penalty may not be sustained 3)reporting in 3cd clause 24,is not required as it is not accepted but only acknowledged? please give your valued suggestions to avoid appeals, if possible with case laws, Thanks.

What would be the period of holding to determine whether the capital gains on renunciation of right to subscribe for additional shares is short-term or long-term?

what will happen if i can not complete my 1st gm cs with in 1st year training? i started my articalship from 9.8.2012 after passing 1st group.

One of my friend wants to file income tax return for loan purposes. Approxmately turnover has to be shown in Income Tax Return 15,00,000/-. But if turnover of business is more than Rs. 5,00,000/- as per VAT Act is mandatory to take registration of Sales tax. My question is there is any effect of sales tax.

received a questionaire reg family,s income details,family tree,dependents income,bank ac details,monthly expenditure details etc
howshd i proceed?i spent on my son's education,my mother's treatment,fathers treatment etc for which may not have receipts etc
wat shd i do?

I HAVE FILED MY TDS RETURN FOR 31/3/2013 on 28/6/2013. I HAVE RECEIVED 15g (8 nos)during qE 31-3-13.MY TDS RETURN IS NIL. AM I LIABLE TO PAY PANALTY & HOW MUCH IF YES. I HAVE DEPOSITED 15G & 15H TO IT OFFICE ON 5/4/2013. MY CA IS TELLING I AM LIABLE TO PAY PENALTY SINCE I HAVE MADE ENTRY OF FORM 15G & 15H received on 31/3/2013 for non deduction of tds.WHAT SHOULD I DO? How much penalty should i have to pay in case of penalty?

CAN ANYONE PROVIDE ME PRACTICE QUESTIONS FOR IPCC ADVANCED ACCOUNTING OF ALL CHAPTERS.....
REPLY WILL BE HIGHLY APPRECIATED...
THANKS.

In determining the period of holding of a capital asset received by a partner on
dissolution of firm, can the period of holding of the capital asset by the firm be
taken into account?

Will an agricultural land be treated as capital asset, in case it is located within 8
kilometers from the local limits of a City Municipal Corporation, even though the
same is not notified by the Central Government under section 2(14)(iii)(b)?