i want to file ITR for AY 2010-11 and 11-12, is there any panelty for filing in case income is below the taxable limit

Hi all

I hail from Ajmer in Rajasthan. I have given CA final in May 2013 and most probably would clear the same. I have a good academic record including 94% in 12th, AIR-10 in CS Foundation, cleared each level in 1st attempt all groups together.

Training Details ;-
Did 2 years of articleship in small firm in Ajmer & had learn variety of work including Income Tax, Audit, Company Formation & e-filing, VAT.

My dad is a practicing lawyer in Ajmer (not related to Income Tax).

Currently doing last year of Industrial Training in a Corporate Office of a Bank in Credit Risk in Mumbai.

Now I'm in a fix.

Should I start my own practice in Ajmer (may be supplemented with CA coachings for CPT initially) or should I continue in Industry after getting CA degree.

Please if anyone can let me know the prospects of both the options keeping in view good future in mind for long term purpose.

Thanks

Respected Sir,

I have received a notice u/s 139(9), dt. - 28/05/2013, for Defective return & according to the notice the return has to be submitted within days ..

I received the notice on 17/06/2013..

Since, 15 days have expired..now the return is not uploading..

how should i go about...

Respected Sir,

The Proposed Investment & Computation of salary for deduction needs to be send at the beginning of the year..

But the same has not been done...

Now, the salary for the month of April & May 2013 are been paid ..

So, Now the computation has to be prepared on the basis of actual salary for 2 months & proposed salary for remaining months...

OR

Proposed Salary for the whole year...

Respected Sir,
There is an Assesee who is a salaried person and its tax liability is 28k & in every month TDS is deducted from its salary and total TDS deducted is equal to 28k.I want to file a return for the assessment year 2012-13.Can i file such late return and is there any interest liability also.Please reply as soon as possible.
Thank you

I have got outstanding demand letter form ITAX department stating that u have not deposited the tax.I am salaried employee and all my I tax has been correctly deducted and showing in 26 as document.i have spoken to i-tax department for that and they have asked to file rectification request ..
how should i file the same ..exact procedure

How to get through for an aricleship in best 4 ca firms.

Respected Sir

What is HRA exemption limit for AY 2014-15.

If any employee is living rental in chawl and having rental receipt without society reg.No. can he get exemption of HRA?

Dear sirs

What is Financial Follow up report I and II?

AND

How it is will be prepared?

Hi,

What is the due dates for filling of IT Returns for Individuals, Companies and Partnership Business.