Hi, I want to know if my father is going through treatment for Parkinson, what kind of expenditures would be covered for exemption under the section. We have been paying a huge sum to a physiotherapist, whether these charges are covered too for exemption.
Thanks in Advance

Im MBA finance & now want to do CA can u please guide me for the same

Dear Sir,
I am a furniture manufacturer. In AY 2010-11, I did not file my IT return because in that year my timber purchase was Rs. 3258000/- and my sales were only Rs. 2315000/-, therefore to avoid any query about investment in purchase, I preferred not to file my return.
Now I have received and intimation from local office, stating that -

You have received a sum of Rs. 1782660/- in AY 2010-11, and you have not filed any return for the same year. If you have filed any return for the relevant AY, then provide its copy within 3 days from the receipt of this intimation. This is not a statutary notice.

Thereafter, I checked my form 26as for AY 2010-11, and found that it is reflecting the sum of Rs. 1782660/-, which was my timber purchase from forest department and forest department deducted TCS thereon. This sum is equal to sum stated in intimation.

Now please guide me on following points -

1. When this is my business expenditure, then why is department saying it as receipts.

2. Whether I can file return for the AY 2010-11, even after it has been time barred.

3. I should file return online or manually.

4. Practically, I should show my purchase which is being reflected in form 26AS
or I should show the whole purchase.

Please advice me proper remedy, I would be very greatful to you.
Thanks in advance.

Question 1: My Sister has got 72000/- as POST OFFICE MIS intt. but due to premature withdrawal 24000/- has been deducted from the Principle amount of MIS. So shall we treat net taxable income as 72000-24000=48000 or is it the 72000.

Question 2: My mother has paid my LIC Premium of Rs 50,000/- and I have also given 40,00,000/- loan to my mother. Now can I show that premium paid as loan given back to me and I claim the tax benefit of 80C? The Policy is in my name.

hi my name is vivek iam currently doing my articles . i have also registered for icwai.now my doubt is can i register for cs inter and write cs inter exams during my articles period . please inform me.

can anybody tell me which regional authority address should be come in appendix 22A which is bank certificate of export and relisation if we are getting shipping bills from commi. of custom air cargo complex-mumbai???

Salary + food allowance.
tds paid no default but ITAT levy a penalty
what should i do?

Dear Sir,
I am previously employed with a bank.However,after 3 years service I leave the job & received leave salary & withdrawed EPF Balance.As I have withdarwed EPF before 5 year,the amount is taxed to me.However,I want to know that whether I can take any tax saving advantage by investing u/s. 80 C & get deduction from withdrawed EPF Money?Further,I also want to know what is TDS Rate on early withdrawal of EPf?

Dear members and experts please resolve my query
It has been 3.5 months since i have been in articleship,now i am willing to take transfer
in the firm where i am working can i do so??

IF yes do i need to send form 109 along with the letter of request to ca institute or first i should merely write a letter to ca institute asking for permission.

since i am in my first year of articleship do i need to give reasons for my transfer? OR mere sending of letter with mutual consent is enough??

Within in how many days of transfer i should join a new firm immediately? IF i dont join immediately will it be considered as termination and creates adverse affects on my remaning term of articleship?

Dear Experts please resolve my query as i have only one day left to make decision.. thaking you all and awaiting response

Sponge Iron purchased from supplier(Principal manufacturer)who got same manufactured by job worker under notf:214/86.Item purchased under duty paid excise invoice for manufacture of steel products.In excise invoice, Removal under notification no 214/86 is written in remarks.
Will such remark prevent availment of Cenvat credit?.