In Form 10 B Audit report for Trusts or societies enjoying exemptions u/s 12A an auditor is required to report on certain matter whether benefit to persons mention in section 13(3)of the Income Tax Act

I have come across a problem. Suppose trust is running an old age home. Construction of old age home is all complete. That founder is there administrating the construction. So he is staying in the outhouse of the old age home constructed without rent to monitor the construction activites and to look after the home. He is having his food at the canteen.

So two benefits are enjoyed by the founder

would it attrat 13(2)(b)and (d)

These are required to be provided if the trust employes any other outsider

My question is do we need to report on these matter that means trust's exemption would be forfeited

It is not a question of materiality

I have a doubt

E filing of a company has been done without digital signature.

Requirement is that we have to file with Income tax with in 15 days

What happened is that our client forget to file with in 15 days. What is the remedy available.

Do we have to file a revised incometax return for the company

I have a doubt

E filing of a company has been done without digital signature.

Requirement is that we have to file with Income tax with in 15 days

What happened is that our client forget to file with in 15 days. What is the remedy available.

Do we have to file a revised incometax return for the company

My One Party received Commission Rs. 1,09,000/- TDS deducted Rs. 2,240/-
Other Miscellaneous income Rs. 29,000/-
Short Term Capital Gain Rs. 12,600/-
please tell me ITR Form submission to Income Tax Office In ITR 2 or ITR 4
and Balance Sheet and Profit & Loss Account Preparation necessary or not
Please tell me

At the Time of Survey the assessee has disclosed the stock of Rs 20,0000/-as income from other sources during the financial year 2008-2009 (current year) and paid advance tax accordingly before a month,but now the assessee wants to retract from his statement recorded at the time of survey on the ground that the above stock found at the time of survey were account for and under misconception of facts disclosed this amount. As at the time of survey no books of account have been found.
Is it possible to retract the statement recorded at the time of survey.

Kindly advise me .

Ajay Kumar Dokania
Advocate
E.Mail- dokania_ajay@yahoo.co.in
+919430187545

Pls help me I am in great trouble, What are tools of Wealth Management? Describe in detail. Urgent.

As per new rules er2 form has to be filed all eou units within 10 of every month, as few doubts in filling the form, our company has not done single import till date so the question of filling import column does not arise, what other details needs to be given could anyone pls let me know.

Hi Friends....
my query is
1) If i gift a house property to any of my relative, then what will be the treatment for me???
2) What if i gift it to a non-relative individual???

I AM A CA PCC STUDENT AND I AM THINKING TO DO CWA , WHAT ADDITIONAL ADVANTAGES I WILL GET WITH CA

When My elder brother was doing B. Com., he registered himself with BOS w.e.f. Jan 25 2006 after passing PE I exam. He had appeared for PE II thrice and cleared one of the two group. After completing Sunday tests, he was issued eligibility certificate dt. 10/01/07 valid upto May 2008. Then a circular came regarding extension of PE II till May 2009. He submitted his examination form for Nov. 2008 exam. and thereafter his admit card (provisional) came in which he saw his registration no. and roll no. missing and also directing to submit valid eligibility certificate by November 30, 2008 otherwise he can sit for exam. but his result will be withheld.

Now why result will not come if he sits for the examination?

How he can sit for his exam when he is not given his roll no.(although his exam center is given) ?

Why his eligibility conditions are not valid as till date he attempted thrice only?

It appears that the institute has extended last exam for PE II till May, 2009 but it is for whom and how to avail the same.

So this are the questions which are not cleared and various attempts to get the queries cleared failed due to improper response.

Kindly help so that if he could appear in his exam or decide his future strategy.

Awaiting your early reply



ROHIT MUCHHAL

kindly send ur suggestions at rohitmuchhal08@gmail.com