i have two compaines of one is excise dealer which purchase of material for b company which also under excise but as manufacturing unit
nw question is my company which is excise dealer purchase matierial to another company which is under excise as manufacturing unit
excise dealer company passes the duty to the company which under excise
is it necessary to show in the books of accounts of dealer excise dealer of excise duty which it passes to another company or can is pass the entry with amount of excise in cost and dont want to show the excise amount (escise ledjer in books ) can i do it
Please help me....and give suggestions for preparing law and audit in bestiest way.
I am a managing director in a private ltd company i have a monthly salary of 30000/- tds 10% deducted from this every month. besides this i am a shareholder of the same company and have dividend earned annually and also i have some contracting business in my proprietorship and earn around 5 lakhs annually please specify the method of it filing which form is needed for me in IT filing
Hello,
I have received a notice from the Assessing Officer, but the notice does not quote any section of the Income Tax act.
I have received the notice in August 2014 and it is for FY 2007-08 (AY 2008-09). It just has the subject "Verification of Financial Transaction - request for information - regarding" and it goes on to ask about some mutual fund transaction I made in FY 2007-08.
My questions:
1. What section could this notice be under?
2. Would it not be time-barred?
3. I cannot see my Form 26AS for FY 2007-08 on the income tax website. The latest one I can see is FY 2008-09. How can I obtain a copy of my Form 26AS for FY 2007-08?
4. Is the AO not required to state the section under which notice is being issued?
Thank you again for your time and for your help.
For the financial year 2010-11 & 2011-12 , I wrongly availed interest deduction for house loan being the pre-construction period , where as the house was completed in 2012-13. Income tax return has been submitted and assessment order received. How can i rectify the mistake/return and refund the excess tax rebate. I have also submitted return for FY 2012-13 & 2013-14 where I have correctly claimed deduction for the relevant FY. Now how to rectify the old mistake for 2010-11 & 2011-12.
A person received gifts of Rs.75000 on 10.03.2014 from her father-in-law and received Rs.11000 each from her 10 friends at the time of her marriage on 11.03.2014.
Gifts from friends is not taxable by virtue of clause b of second proviso to Sec.56(2)(vii) . But what about Rs.75,000?
How to get company law new additions applicable for Nov 2014?
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Mantain excise in books of accounts