Anonymous
03 April 2013 at 19:54

Appeals

What is the remedy for the following case?

Reference:Assessment Order AY 2010-11 , XYZ Ltd. Co.

Points in Assessment Order:

1.Wrong Claim of B/F Losses of Rs. 500000
Assessment Order for AY 2009-10 passed on 8-12-11 while return for AY 2010-11 on 13-09-2010, but this point can be conceded.

PLEASE SOMEONE SUGGEST ME TO WHAT TO DO IN ABOVE CASE ....
THE ABOVE POINT IS FROM ASSESSMENT ORDER .

THANKS IN ADVANCE...



Anonymous
03 April 2013 at 19:37

Urgent

Dear Sir,
I went to bank today,to submit form 15G for the AY 2014-15. Where counter clerk told me that format of form 15G has been changed for the AY 2014-15 and it will be submit in triplicate copy.

Whether he saying right or not?

Please advise me.


shaneet
03 April 2013 at 19:21

Service tax on restaurants

Dear Expert

If Restaurants has licence to serve alcohol
but has no air conditioner facilities is service tax applicable?



Anonymous
03 April 2013 at 18:51

Wrong filing of return

I have filled my ITR for A.Y.2011-12 on 21-01-2013.
Later on 3-4-2013 I noticed error in the return.
Error Description:-
TDS credit was wrongly shown in Self assessment tax.
I need to get my refund.
How do i rectify the same?



Anonymous
03 April 2013 at 18:21

Tds applicablity

i already filled tds returns for First three quarters nil & in fourth Quarter two parties exceeds the cut off amount,so my question is 1) i have to cut tds on whole amount or only exceded amount?
2) If i have to pay tds on whole amount then From which date interest to be calculated?
3) is it necessary to revised all three quarters tds returns or should i disclose whole amount of tds deposited in Fourth Quarter?



Anonymous
03 April 2013 at 18:09

80c

what is meaning of tax advantage fund.I have Purchase L&t tax advantage Fund 250000/-



Anonymous
03 April 2013 at 18:01

Examanation held

hello, sir i am direct entry in ca course and i have done orientation course is nov2012, and itt traning is dec 2012, so what sir i am nov 2013 attempt is examanation held in ipcc group I



Anonymous
03 April 2013 at 17:44

Investment in tax saver mf

I have invested in Franklin Tax Saver Mf on 28/03/2012. However, due to continous Bank Holidays, the cheque got cleared on 02/04/2013.
Whether i would get the deduction in FY 2011-12 or 2012-13???


Mehul Chaturvedi

I am interested in taking Secondment and think it may be beneficial for my career.But still i think i need advice for the same.
Please guide me on it.
If you know any vacancy, please inform about it too.


Hitesh Moliya

Dear Sir,

For disallowance of Cash payment of more than 20000, where is it necessary to exceed both payment and bill by more than 20000???

In the reference book of Dr.VK Singhania scope of section given like that

If an assessee make payment of 2 different bills(none of them exceeds Rs.20000) at the same time in cash or bearer or crossed cheque, Section 40A(3) not applicable even if, the aggregate payment is more than 20000. This is because of the fact that section 40A(3) is applicable only if in respect of an expenditure which is in excess of Rs20000. In other words, for applicability of Section 40A(3) both the payment and amount of bill(or expenditure) should exceed Rs.20000.

Reply as early as possible

Thanking You in advance.





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