Anonymous
14 September 2012 at 09:52

Intimation u/s 143(1)

Dear sir, I have received a intimation u/s 143(1) for the assessment year 2011-12 in email id that is as under Please find attached the Income tax Intimation U/S 143(1) for PAN AHCxxxxx2C with respect to the return of income filed by you for the Assessment Year 2011-12. In case of variance of Rs. 100 or more, between Tax Credits (TDS/TCS/Advance Tax/Self Assessment Tax) as claimed by you in the Return of Income and the computation under Sec.143(1) per attached Intimation, a separate email will be sent to you providing details on the same. In this issue i have e filed of return and in this i have a refund of tds of Rs 3569/- it is matched with nsdl site view tax credit for 26a but in the intimation from ITD of CPC banglore they does not consider this tds refund and give us a intimation u/s 143(1). so please suggest me what can i do so i get my refund as soon as possible Regards yogesh pancholi

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=536863

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Anonymous
14 September 2012 at 09:20

Articleship

What is the minimum stipend for articles in the 1st yr as per latest announcement by 'ICAI'?

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amit verma
13 September 2012 at 18:16

Amount of stamp duty in form 20a in delhi

please give in detail about amount of stamp duty applicable in delhi for compliance of sec 149(2A)in form no. 20A i.e. is rs. 10/- or rs. 20/-

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Anumita Sharma
13 September 2012 at 16:34

Filling of form 23b

Can anyone advise me on the following matter-

We incorporate a company in the month of April,2012 so when we should fill the form 23B And other annual filling?

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Anonymous
13 September 2012 at 14:15

Loss from partnership

A partnership firm has loss in its P & L for the year 2011-12. Is it necessary to pass on the loss to the partners or the loss can be retained in a reserve account and next year when the firm earns profit, then the loss of this year can be adjusted & then passed to the partners.

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Anonymous
12 September 2012 at 20:26

Property laws

Hi, I have two properties, one bought in 2008 and "registered" in my name, the other "transfered" in my name bought in 2006. The loan EMIs for the registered property goes from my bank account while for the transfered property the EMIs are paid from my spouse's bank account. Recently I sold the registered property and wish to invest the money in another property.

Now my queries are:
1. since my spouse is paying the EMIs for the transfered property can I transfer the property (not registeras of now) in my spouse's name?
2. Can I show this transfer as Gift and by doing so Can I save on Capital Gain Tax?
3. Can I register another property in my name (since the registered one no longer exist) while still holding on to my transferred property?

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Deepika Bhardwaj

Can a Whole time director of a public co. be appointed as MD of another public Company?

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Gajendran
12 September 2012 at 16:12

Catering services

Dear,

Sir we are doing Catering services, supply of foods to IT park. Is that we are liable for services tax

Kindly reply as soon as possible

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CA Prabhat Kumar Makhija
12 September 2012 at 13:30

Conflict between as-4 & as-29

A company had made a contract of sales of goods on a condition that if it will be unable to deliver the goods till 30th april, 2012 it will pay 1 crore as compensation.

Now on 31st march, 2012 management concludes that it will unable to deliver the goods till 30th april, 2012 and it want to create provision of Rs. 1 crore.

Now my question is under which AS this provision will be covered. Whether it would be covered under AS-4, "Events occuring after balance sheet date"
because contingency of event exist on balance sheet date or
under AS-29, "Provisions, Contingent liablities, & Assets" because there is a present obligation arising from past event and amount can be measured using substantial degree of estimation

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Ravi Nallipogu
12 September 2012 at 11:00

Partial reverse charge

As per service tax new circulation under partial reversal charge in services tax liability arise in the hands of both Service Provider and Service Receiver, Provided this concept will apply only service receiver is a corporate or business entity is it true.please let me know under what services come under this scheme

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