my friend is filling his first return for PY 2008-09. He is working in chennai but TDS deducted & remitted from HO (delhi). His native is one of the district (Koppal) of the Karnataka state. Now his confusion is, where i has to file a return and under which jurisdiction.
and I want know provisions relating to first return

-Which limit is to be seen for 44AB for the carpentor who is only doing job works and/or have also thier showroom for furniture?
10,00,000 or 40,00,000

-whether they r professionals?

-Gross receipt and Sales both words are there in both creteria?

- profession includes vocation is also there but no patricular defination is there for profession.

Dear Sir,


i want to file IT Return for the Assessement year 2009-10 through E-Return, What the procedure and website address.

When we have to submit orginial TDS certificate and other documents u/s 80 to income tax.

Sir,
is the filing of DIN 2 & 3 is mandatory.if i have a DIN no. & i want to become a director of a company. can the company file the form 32 without filing the DIN 2 & 3.

What is EEFC A/c? What purpose does it serves? How to proceed during the course of Audit in case of EEFC A/c in a Company?

Hi

We have to include additional services to the MOA which are left out earlier. Anyone please advice me what is the procedure and steps to amend the MOA. Please send your reply to pramod.venkatesh.murthy@gmail.com

Thanks.

Any one suggets me , can i file the return of minor. The sources of income is gifted income.

There is an organisation named CITI GROUP.These group collect money from general public & purchase plot out of these money on investor name( public). A Particular plot on name of say 4-5 investor . These Investors are traceble.The investors are the owner of the plot for a fixed period & they( CO.) will construct some bulding ( purpose of may be giving building on rent or business use).During this period, company will pay rent to the investor for a fixed period. After this fixed stipulation, the company will become the owner of the plot ( As per the agreement )& the principal amount that had been collected initially will not be refunded to investor.SO CAN YOU PROVIDE WITH ITS TAX IMPLICATION FROM INVESTOR VIEW POINT.

1) IN WHICH HEAD WILL RENT INCOME WILL BE TAXABLE ( PLEASE NOTE THAT DURING RENT PAYMENT PERIOD , INVESTOR ARE THE OWNER O THE PLOT.)

2) DEDUCTION OF INITIAL INVESTMENT WILL BE AVIALBLE TO INVESTOR ON PROPORTIONATE BASIS OR AT THE END OF THE FIXED PERIOD AFTER WHICH CO . WILL BE OWNER.

3) AT WHAT VALUE WILL BE PLOT RECORDED IN BOOKS OF COMPNAY AFTER THE FIXED PERIOD.( SINCE CO. WILL BE OWNER OF THE PLOT AFTER THAT PERIOD)

we are manufacturar exporter .we are using various services in regard of producing the product
we have a large amount of sercice tax credit in our books
can we get the refund of that credit laying in our books

pls provide us the whole procedure and way of getting refund

thanks & regds

RK saini

Dear All

I am facing a very technical problem.

The thing is that I prepared ITR 2, For F.Y. 2007.08 in Income Tax software and after wards uploaded the ITR for A.Y. 2007-08. Which was not to be happened as the same was to get uploaded for A.Y. 2008-09. and due to slab system now IT department has raised the demand of Income Tax for F.Y. 2007-08.

NOw I dont know that How to respond to this matter?