PLEASE GIVE AN EXAMPLE OF THE TERM 'OTHER INFORMATION' IN SA 720

Can anyone please tell me that a person who has sublet his property to the subtenant can claim iput tax credit on the service tax paid on rent paid to the lessor/landlord.

dear sir,
i hav signed an audit in which a problem or error remains as it is a company audit in which i hav wrongly mentioned the figure of debtors
as i hav mentioned the less than six month debtors in more than six month and more than six month debtor figure in less than six month debtor....
overall financial statement and balance sheet of the company is all right
no financial statemnt is affected by this problem.
but due to this bank has reduced the d.p. of the company .now i want ot rectify this problem.
what should i have to do.
should there be need of revision of audit report
or
by giving simple corrigendum i can rectify this mistake as no overall financial statement of co. is affected.
plz give a suitable answer
and also give ref. of section if possible
i don't want to revise the audit report
can i give simple coorrigendum for this mistake
i hav also study the guidence notes on revision of audit report .bt i can't get my solution
plz help me in this regard

Dear all

We use tally ERP 9 for our record keeping and billing. We have a separate inventory management software. So we will not be using the inventory module of tally.

Problem with tally here is that we want to use tally for billing which includes but not for inventory. Kindly advise as to how we can use only billing which includes items but does not reflect inventory

NRI friend hasn't paid taxes for a long-term-capital gain that took place in 2009-2010.

1)Can late-payment penalty be waived under some circumstances? Like being out of country and not having paperwork etc?
1)Is there a maximum penalty that will be imposed or does it keep adding up at 1% per month rate?

Dear Sir/Madam,

I was a Bank Employee in Financial year 2010-11, Bank had deducted TDS of Rs. 7000/- from my salary.

And i did not file any ITR for the A.Y. 2011-12 to till date for getting refund.

My query is :
1. Can i file ITR for the A.Y. 2011-12
2. Can i get TDS refund for the A.Y. 2011-12 from Income Tax Dept.

Pls reply

Thanks & Regards
D.K.Goyal

Dear Sir,
Please suggest what kind of benefits I can gain after completing CA and CWA both. If there is no additional benefits then I drop to do CWA.

I want to know how share market income get taxable in following cases..

If i Trade in "Future". [For both intraday & long {i know it don't give delivery, let say 30 day{if it makes difference}]
(A) Would it come under the head "Capital gain" or "Business profession" ?

(B) What about STT, Stemp duty, Service tax, turnover tax, SEBI charge. I mean these all expense can be claimed?

(C) What about commodity market's Income? (I mean how it would be taxable)

(D) What about section 44AB ??? and can i claim all expenses stated about for the limit of 60 Lac or 1 Crore?

Thanks in advance...:)

Dear Experts,

We are contracting with one courier agency, they losses our goods in transit that would be amount of Rs.10000/-.now we deducting the amount from his bill. so how would be charge a tds on courier bill.Bill Amount is Rs.34500/- shell we deduct on Rs.34500/- ???????

Ms.A has transferred her house property to her brother(Mr.B), without consideration and property is registered in the name of Mr.B.
Subsequently Mr.B wants to let out the property to third party and rental income thereon shall be directly received by Ms.A.
Separate return are filed for both.

Kindly advise who will be assessed in respect of rental income along with the relevant section of the income tax Act.