i want to do I.Tax return file for F.Y. 2010-11 & F.Y. 2011-12. there is no any tax liability infact i have TDS certificate on interest earned.

so what will be the penalty charges for late income tax return filing for both years..

Please give me information about it..

thank you.

Only Label wise we have CA but in salary wise there is not any Label

Sir,
I hav registerd for ipcc online
where am i supposd bt snd the printout of th pdf file??
and to whom??

what is the rate of freight for the purpose of calculating assessable value for the purpose of custom duty?


Regards,

Munna.

sir/mam
I hv received a draft from income tax dept regarding refund but the amt of refund(including interest on refund u/s 244A is less then the amt calculated by us ,What should i do to get the calculation details of refund by dept???and plz also tell me the latest rate of interest u/s 244A.
Thankz in advance....

Assessee is submitting the returns regularly.
In the A.Y 2011-12, assessee sold a land to group of companies. The department has conducted survey on these group of Companies & Assessee received a notice U/S 153c.
PLS state the proforma to submit the return U/S 153c quoting any rules there on.

Thanks in Advance

1. Whether Interest paid on borrowed bank loan for construction of building to be capitalised or not? If to be capitalised on what basis & what are accounting entries involved?
2. How new & old outstanding expenese to be treated in accounting

WHETHER PROVISIONS OF ADVANCE TAX APPLY IN CASE OF INCOME CHARGEABLE UNDER THE HEAD CAPITAL GAINS. MY PRESUMPTION WAS IT WILL APPLY. HOWEVER THE WINMAN SOFTWARE HAS NOT SHOWN THE CALCULATION OF INTEREST UNDER SECTION 234B AND C EVEN THOUGH ASSESSES TAX ON CAPITAL GAIN AFTER TDS IS 40000. KINDLY ADVISE

Is interest paid on late deposit of VAT, TDS, Excise & Service Tax is allowable as business expenditure?

Sir,

We have a client who already have 2 residential flat. In A.Y.2012-13, he transferred his vacant plot which was jointly owned by him & his wife to builder against development rights & got one flat jointly in the name of he & his wife.

I want to know whether he can be allowed exemption u/s 54F? And what will be position in case of his wife.

Please help me out.