Anonymous
11 February 2013 at 22:21

Carry forward losses

I could not submit the Annual Return of Income Tax for the AY 2012-2013 u/s 139 within the due date but Tax Audit Report U/s 44AB was prepared within the due date.
Am I entitled to enjoy the benefit of carry forward losses for the year


CA Nrupesh D Machchhar
11 February 2013 at 22:03

As 26 - intangible assets

How there can be any intangible assets arising in insurance enterprises from contracts with policyholders?
And what are the examples of the same.



Anonymous
11 February 2013 at 22:00

Wrong submit online return

i have wrongly submitted online itr return . Figure related to A.Y. 2012-13, wrongly fill up to A.y. 2011-12. But not send acknoledgment to bengluru. how will treat case by cpc bengluru, if i not send Acknoledgement? urgent help me


manohar
11 February 2013 at 21:39

Operating expenses

Dear sir
I make one invoice for our customer after completed the works rs.50,000/- and customer paid to us only rs.45,000/- and rs.5,000/- they deducted like penalty (work not completed on time) my question this rs.5,000/- is a operating expenses (we want to charge the proj) or we want to treat as bad debts expenses

Thanks


Gaurav Singhvi

I am working outside India for more than 180 days but I have received income from abroad in my saving bank account. Wether the Income received in Saving account instead of NRI account is taxable in India?



Anonymous
11 February 2013 at 21:10

Deduction u/s 80ddb

Mr. X is a bank employee and his wife is a cancer patient. he receives 60% of Medical expenses reimbursed from employer. what is the amount of deduction he can claim under sec80ddb? the amount alllowable u/s 80ddb is 40000 is that to b considered on 40% of amount or whole of 100% medical expense?


jugal solanki
11 February 2013 at 21:05

Security service

If any proprietor business provide security services to any1 den wat is implication of ST....?
if his total services exceed Rs.9L den he has to register & how should he bill the amount total plus 12.36% ST??

Please let me knw.....
Thank You


Abhijit Gupta
11 February 2013 at 20:13

Capital gain taxability

An widow and her daughters family thrives on pension income only, which is below basic exemption limit.Say 1.2 lakhs. Now they want to sell either 1. House 2. Jewelery 3. shares Assuming the amount to be 6 lakhs. What would be their capital gain tax liability?? How they can avoid the same.. Please help!!


Hardik M Gadhia
11 February 2013 at 20:00

What are the list of exempted goods.

One of my NGO client is making various products from cloths such as kurtis, mobile pouches, quilts, dupattas etc.Now the NGO wants to take sales tax no so that they can charge tax on taxable products only. can anybody provide me what are list of items which are taxable and which are exempted from tax.

Experts kindly help me ASAP.

Regards.



Anonymous
11 February 2013 at 19:40

Cha service and tax liability

Dear sir
i m doing audit of one reputed cha company
they are charging service charges in the invoice only on that amount they are collecting service tax, other charges are showing as reimbursing expenditure
even they adding their margin on those expenses they are not collecting st on those expenses.
pleae advice me whether they liable on full amount or only service charges part
because they not acting as pure agent.






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