asst year 2007-08,2008-09,2009-10 interest income. i have received tds certificates from bank. three years tds certificates is filing one time. if refund is eligible for above three years. which form i filed if memo of taxable income return also attaching the form . Please give me the reply.

regards
suresh

sir, i have a business for trading below for e.g 8 lakhs . my return of tax is rs.2200/-.e,g.

I have some knowledge of filing tax returns. Please tell me which form i filed for business below ten lackhs . auditor is compulsory. please give reply

compulsory filing of balance sheet, profit and loss account and memo of tax return, and tax challan

Whether the Capital Loss (Long Term or Short Term) on sale of Shares can be set off against Capital Gains on sale of House Property?? Or is it so that Loss on Sale of Shares must be set off only against Gain on Shares??

Pls quote the relevant Section / Rule of Income Tax Act / Rules

Hello Friends.

Am Harsh. I am undergoing Articleship at present. I am know about the new rule which restricts students to change firms unless its Medical / Parent Transfer case.but i do not have medical issues nor are my parents Transferring. But I want to take transfer from one city to another city i.e., from pune(mh) to gulbarga(ka), my parents are in gulbarga and i want to do remaning articleship gulbarga. what is the procedure to take transfer? i have finished my 28month articleship..

Thanks You in advance

Dear Colleagues

Mr.A,Mr.B,Mr.C,& Mr.D entered into a joint venture for a setting up an I.T.Park. Mr.C,& Mr.D prematuredly rertired from the J/V.At the time of retirement Mr.A,Mr.B paid lumpsum consideration of Rs.50 lacs to Mr.C.They mentioned that amount included amount payable to Mr.D.

Mr.C paid Rs.20 lacs to Mr.D towards his share in retirement consideration of Rs.50 lacs.There is written document which mentions this fact.But Mr.C while making payment deducted TDS Under sec194J.

Querry

Mr. D has an apprehension that since TDS has been deducted,service tax may be leviable.
Infact the amount he received is towards his share in retirement consideration of the Rs.50 lacs.

Is Mr.D liable to pay service tax on Rs.20 lacs he received towards his share in retirement consideration of the Rs.50 lacs ?

Regards
c.a.paresh zatakia

what are the differences btw the terms CHARGE,PLEDGE, MORTGAGE, HYOPOTHECATION, REVERSE MORTGAGE....

is it mandatory to deduct TDS if assesee has TAN number but not in Tax Audit u/s 44AB form last 2 years

Please send me reply on the following email id

a_mpatil@yahoo.co.in

thanks & regards

ajay

Hello Friends,

I have a clarification on Profit Split method of TP and i am sure you all will be able to slove it.

Under PSM of TP, the combined net profit is apportioned both under Residual & Contribution analysis.

What does this combined profit stands for is it operating profit / Gross profit under both the analysis (combined & Residual)???

Waiting 4 ur replies

Thank you

Regards
Ankitha

Dear All

Please guide how can a transfer of shares be effected by way of gift?

Nehal

Please provide solution for the following case:
There is a company with partnership as
Public company : 50% (shareholding)
1stFI : 35%
2nd FI : 10%
3rd FI : 5%

Now company is having financial problem,
whereby public company have funded the company. but 1st FIs is not at all funding to the company nor ready to transfer its share to other partner or to a third party.
Public company wants to drive out 1st FIs, what is the solution for this problem.
Also, public comany does not want to terminate the agreement with other FIs.

Pls share your experience, knowledge.

thansk & regards,