I have received Rs. 1,33,000/- (From many persons) as gift in cash (not from relative as defined in IT Act) in F.Y. 2009-10 (A.Y. 2010-11)which i have deposited in bank.
Out of this how much is taxable u/s 56.
Can i get the exemption of Rs. 50,000/- at least.

Dear experts,
My client had filed statutory audit return for the AY 11-12 through a from Kerala, and now there we have detected some advances, and other payments left out for the relevant asst year 11-12.this was detected while filing the return for AY 12-13. Now do is it safe to file a revised audit return ? at this stage, and please suggest me as to what has to be done in this case as our clients wants us to incorporate the correct details as left out in the last return. Do we file a revised return and file Form 3cb now.? or what has to done kindly advise on the same.

Please let me know the time permitted for registration of charges with ROC
and the time permitted to register with penalty and the amount of penalty.
Also let me nnwhen e have t apyfor CLB for condonation? i.e., beyond which days we have to apply to CLB for condonation for the delay in filing Form8?

Rent free accomodation given to a consultant by a company apart from that Rs.100000 consultancy fee paid to same consultant as per the agreement entered with company and there is no clause on agrmt about such rent free accomodation. My doubt is whether the value of rent free accomodation will be considered as part of consltant fee and whether liable to deduct TDS on Such value u/s194J??

Hi!

Please advise whether PF withdrawal is taxable if employee has left the job after completed five years.
Joining date : 01.07.2007
Left Date : 17.09.2012
PF Withdrawal Date : 22.11.2012

Thanks in advance.
Ramesh

Dear all,
As u all are aware of the shara india case regarding issue of debenture..bt by mistake my company received a letter from ROC to refund the money..even if we r nt a party to dispute...so i want to write a letter to ROC contending that we r nt a right candidate for this letter....so anyone can give me a format of that letter

Dear Sir,
Our company has started giving commission to director from November approx 4 L PM (Rs. 18-20L for the year).
As per reverse charge mechanism company is required to pay service tax.
My Que.
1) whether director is required to obtain service tax no ?
2) Company needs to amend s.tax certificate?
3) what will be the registration requirement of director if director has rent income (immovable property) for the year amounting to rs. 1.80 L.
Thanks

As per the revised Companies Cost Accounting standard rules 2011 maintenance of costing records is made mandatory for the Construction Companies... now my query is that is it necessary for the Construction Company to appointment a cost auditor or is it sufficient if it file compliance certificate for the fy 2012-13....

please clarify me in this regard...

I have proprietorship firm, & My Company was in audit before 2 financial year, so i deducted tds in last financial year, but not in audit last fy, so i am liable to deduct tds in current year or not?

I Have Audit in Fy 10 11

Not Audit In FY 11 12 (TDS Deducted from party)

Now What in FY 12-13? is there liability to deduct tds

good morning sir,
please solve my this query. supposed i am a salaried class person. sir after some time my managing director opened a new company. but sir at the time of director name in this company. my boss choose my named for the name of director of this new company.than sir my query is that i am a salaried class person and other hand i am a director of a company. than sir in case will i received any notice from income tax