If I get a notice today to appear before the Asst Commissioner wherein some queries regarding my tax returns for Assessment Year 2008-09 (FY 2007-08) are sought, is my assessment deemed to be complete today or will it be complete once the Assessing Officer sees me and seeks clarifications and then decides either way?
Thanks
Shashank
Dear Mr. Ankur Garg,
Dear Sir,
Please provide me the notes for CS Executive Programme. my e-mail id is biren565@gmail.com.
Thank you.
Can any one tell me , when my Final attempt due. I cleared my PCC Exam in Third attempt.My 3.5 yrs. articleship in compteted in 2 april 2010.Pls rply soon.
plzzzzzz tell me book to refer to practice for pcc-Income tax and costing-fm for pcc nov 2009 attempt.
Thanks a lot for your kind reply. but I hv still some doubt so now I m writing a detailed situation.
A is purchasing goods from a party X. B is appointed to pay octroi for wheneve goods come. A is paying octroi to B. Who (B) is not a transporter. whenever B pays octroi on behalf of A, he gives his own bill (not octroi receipts) to A and mention octroi charges along with his service charges than A pays him all amount in cash. Most of Amount belongs to octroi duty. some time it exceed 20000/- in a day.noe tell me the proviso of Sec 40A(3).
I am trading in shares on a regular intra day basis.I record the net payable or receivable from the broker on a daily basis.Is the method correct.I dont record my gross sales as turnover.
eg:-On a single day i have purchased Shares of Rs.1,00,000 and sold it for Rs.1,25,000 then i simply record the net receivable of Rs 25,000 as my turnover.Moreover ,suppose i have purchased shares of Rs.50,000 and sold it for Rs.30,000 then i record net payable of Rs.20,000 as my purchase.Please answer me soon as i have got a notice u/sec-143(2) of scrutiny and i havent got my accounts audited on this basis.
My brother Basappa has died during the year 2004-05 leaving behind him a wife and four male sons all are major.now who is/ are legal representative/s liable to file and get refund of TDS amount deducted on interest which has been deducted against our urban agriculture land acquired under compulsory acquisition by state Govt compensation amount is exempt u/s 10(37) of I.T.Act.1961 , Kindly advise us who is/ are liable (either wife alone or all the four sons)for filing Income Tax returns under the Income Tax Act as legal representative
sir i will going to file my 11st return but i wanna know the format of balance sheet and PL .main fields are salary 10000/- pm bonus and LIC Premiums 1500/- p.a .Also note that i have been married april 2009 so i wanna show gifts such as gold and money. i also give tution to students as part time so wat will be the balance sheet format
Pls. tell me about the books for various subjects in CS Executive programme.
Subjects are as follows:
1)General and commercial law
2)CO. A/cs, Cost and Mgt. A/cting
3)Tax Laws
4)Company law
5)Security law and compliances
6)Economic and labour laws.
Hi friends,
one of our client has paid property tax for the financial year 2007-08 in the year 2008-09 and claimed the same as an expense in 08-09 however no provision for the liability of property tax was made in the balance sheet of 2007-08. whether the expense should be allowed for income tax under section 43B on the basis of cash payment of tax or should be disallowed as prior period expense.
Pls. advise.
thanks
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When is assessment of tax deemed complete?