we carried out some installation of lighting equipments work at Doordarshan TV studios. Now owork is over and we want to send back the tools and tackles back to our works at Allahabad. The Fed Ex courier inform that they need form 63 to pick up the material which is all old used tools ladders etc which are not for sale or transfer are being brought back to us at Allahabad for future use at our end. We have provided our site engineer the form 38 required for entry of such goods in UP and donot know how to get over this problem of form 63 when material is to be defenitely pickedup tomorrow because the site is closed and men have reservations for travel back.We believe since all the mnaterial is old and used and not for sale no tax liability exists any where and no form should be required in Assam. Please clarify urgently
Thanks .

we are a construction firm doing tile laying works. tile is supplied by client, our scope starts from unloading the tile to laying. cement, msand, labour and machinery required for laying. what all taxes will be applicable to us in this contract and what rate?

Dear sir, I am currently a IPCC student not in direct entry scheme but i have completed my T.Y.com with 68% but not pass any groups of ipcc and i have completed my I.T.T & Orientation programme. I have given my may attempt in MAY'13. So please suggest me that i can start my Articled training or not before my result.If i can start my articled training And in case i m not clearing any groups in MAY'13 so when i can give my next attempt. Please info as soon as possible my email id is nikhilsangani23@gmail.com

Please reply... Urgent Query....
I have to make an entry of loan taken from directors or body corporates in which directors are interested The company is listed company. I want to ask is it required to take approval of board or I have to directly make entry in register within 30 days and after then presented before board???? The loan is within the power of board u/s 292.

One more thing that interest paid to director or body corporates agains loan taken also require to enter in register??????

Dear All,

There is penalty on nil income tax return filing for Financial year 2010-11?

If Yes? how Much?

Part 1

A person who deriving agriculture income from its own land. he is producing kapas and sell it some traders who purchases same without bill.

A person can not be able to obtain the bill. he sells some of the produce directly to users.he wants to file return and showing agri Income in the retur for obtaning loan .

so my ques is that while preparing Capital account and Profit and loss account. how can i shown sales in profit and loss account because he does not possess any bills or invoice relating to sales and Purchase( purchase is very negligible)
becuase his cap account and profit and loss account will be made available to banks if he will go for Loan. so what to do in this situation? whether i have to prepare profit&loss in absurd manner? pls explain what to show and how to show or show it or not?
Part2

Secodly, apart from agricultural income, hes doing part time accounting job so he receives 15000/month.if i will go for Agri and non agri income both then i have to file it in ITR 4 am i right?

if i will show only non agri Income(i.e.salary) then i have to file ITR 1. Am i right?

Please explain the situation separately.

Hello everyone,

one of my client is doing job work. material is supplied by client and his labourers are working in the premises of the clients. machinery is also provided by the clients.

he raises bill only for labour charges.

i am applying for service tax registration and confused regarding classification of category of taxable service ?

waiting for the views of the experts.

HOW TO REVISE TDS RETURN ON TRACES WHERE THERE IS NO CHALLAN IN ORIGINAL RETURN. TO DOWNLOAD NSDL CONS FILE IT REQUIRES DETAILS OF ONE CHALLAN ATLEAST.

REPLY WILL BE HIGHLY APPRECIATED

Can a revised return be filed after getting a notice of defective return u/s 139(9)?
ITR4 for a/y 2012-13 is termed as defective. The rectification of ITR is not being found possible under excel utility as it was correctly filled up.
Can I now file Revised ITR 2 in response to the Notice, instead of rectifying defects pointed out, as otherwise ITR 4 filed earlier will be considered void after 15 days?
I may lose benefit of set off of business loss, but it is a small amount and good amount of refund is due, which is otherwise held up.
Kindly advise.

Dear Sir,
Co belong to Maharasthra and taking up a work contract in delhi from PWD. Co raising invoice with CST 12.5% form maharasthra and pwd deduct tds@2%.
And after then co registered in DVAT.

Now my question is wheather TDS 2% amount
1.can co claim tds amount refunded under dvat?
2.can co adjust such tds in maharasthra vat?
3. wheather its dad amount?
4. Any other suggestion

Need advice urgently, Please reply soon
Thanks in Advance