my wife is in house hold besiness and earn more than above income tax limit.she has no proof of goods purchase and sales but she want to file her return and want to pay incometax.my vakil advice not to file
return as this will attract it officer to penalies you.please advice me

As Per Section 139(4)& (5) Belated Return and Revised Return can be filed latest by end of one year from the Relevant AY but if one has not filed the Return within this period than can he file Return beyond this date if yes under which section

I am preparing for Interview, Post- Manager Retail. Do you have any materil/short notes/questions, which can help me in the preparation. If yes, Please send me. It's urgent.

Thanks
Deepali

Dear Sir,

Please let me know what books to refer for the following subjects:
1.Accounting
2.Law, Ethics and Communication
3.Cost Accounting and Financial Management
4.Taxation
5.Advanced accounting
6. Auditing and assurance
7. Information Technology and strategic management

Thanking You,
Nicole Coutinho

Hello all,
As per my reading of the sec. 154 i have understood that it is open for the AO to rectify any mistakes if it relates on the judments given by SC in any case even if such judment is passed after the completion of assessment by AO.Pls let me know whether my understabding of the concept is correct and pls correct me if i am wrong.

Hello all,
As per my reading of the sec. 154 i have understood that it is open for the AO to rectify any mistakes if it relates on the judments given by SC in any case even if such judment is passed after the completion of assessment by AO.Pls let me know whether my understabding of the concept is correct and pls correct me if i am wrong.

does a transporter whose annual booking is above Rs.40 lakhs compulsorily require to deduct 1% sub TDS ? If he had not deducted so what should he do ?

Dear Sir,
what is the ceiling limit for Tax Audits for an auditor?

I am running a proprietor concern and my business is providing Staff House to the corporates. i would like to know in which category i will be coming for TDS deduction whether u/s 194C as a contractor or u/s 194 i and in the u/s 194 i there is "Payment of Rent for Building & Furniture whose gross receipts are less than 40 Lakhs in a financial year are not required to deduct TDS” do a proprietor concern comes under the category of Individual because my last year transaction hasn't crossed even 10 Lakhs.

Hi All

We are pune based oompany. We want to raise sales invoice as COMMISSION ON SALE on one of our group company who situated o/s India.

My question is whether we are liable to raise service tax in the Sales Invoice ?

Because as per Rule 4 of Export of Services under service tax act, some exemption is granted for similar type of situation

Kindly advise

Thanks
Amit