Hello Experts
Do Digital signature required to file ITR of partnership firm having loss or nil income.
Thanks in advance
I want to verify (Custom Duty) on goods imported.Please tell me what steps should taken while we are auditing custom duty
Answer now
I am a CA and working with IOCL. I wish to pursue further studies.
pls advise which one is better CFA (US) or certificate course in Master of Business finance.
Thanx
Regards
I made a distress sale.
I entered into an Agreement Of Sale (Sathekhat) for selling a plot of land for Rs.10,00,000. The Agreement Of Sale has not been registered. The person with whom the agreement was signed also took a Power of Attorney from me since he will be selling the plot at a later date. The Agreement Of Sale was signed so that he could pay me the agreement amount of Rs.10,00,000 through a cheque.
Now, how do I pay income tax on the sale. There wont be a sale deed until the person actually sells the land to someone else. However, I have received the agreement value in full and deposited it in my bank account. Can the capital gains tax be calculated on the amount in the Agreement To Sale since that is the amount that I have actually received or do I have to wait until the plot is sold via a proper sale deed.
In case there is a query from the income tax dept. will the Agreement Of Sale be enough proof to show the source of income. If not, what do I do? Will registering the Agreement Of Sale help.
Hello every one
i m MBA finance and doing job in finance sector. But this is not a fine opportunity. i want to study in company secretary.but i am too confused.
this is time killing work and shortage of timing.
please any one help me.
what should i do?
please tell me income received from a company as commission on target basis?
and company already deducted tds.
also tell me which itr form to be fill up...
Dear Experts
We are charging freight from our customers for the material supplied to them. This freight may be more than or less than the actual amount incurred by us for transporting the goods to customer.
Please guide me w.r.t. the applicability of taxes on freight...VAT or Service Tax.
Note:Goods are sent by Courier as well as road transport.
rgds
Pankajj Arya
can anyone plz tell me,
whether AS-22 accounting for taxes on income is applicable on proprietorship business also???
urgent
Dear sir
I am received a letter from Director of Income Tax (Intt. & Cr. Inv.) regarding non quoting PAN u/s 139A(5) & 272B of IT Act for the financial year 2010-11.The Brief Facts of my Financial Transactions are following.
* In the F.Y 2010-11 I am cash deposit Rs. 3449000 in my saving bank account and Rs. 2317000 are deposit through cheques
* I am not a Income tax Assesse but I am Pan Holder
* I am a agriculturist and my family total income from agriculture is Rs 15 Lac per year
* The above cash which is deposit in bank received by sale of a piece of urban agriculure land, but I am not a owner of this land , I am only special power of attorney holder of this land, i have only right to sale of this land . This land was given to me by my relative (Mosa) in blood relation. There is no documentary evidence of this land, how to given to me.
The Question arise above Facts are:-
1. If I file income tax return for F.Y 2010-11 relative to A.Y 2011-12, what source of income i shown in ITR for Above cash deposit Transations.
2. Is i shown long term capital gain of sale of agri. land. (which I am not owner, but I use sale Consideration)
3. I am remaining 5 acre agriculure land, which i am not owner , but I want to sale in future, for sale in future how i show my income
Thanks
I efiled my return. I uploaded the wrong .xml in which the interest income in Income from other sources is not included. Although my tax liability is nil. I am supposed to get refund of TDS on that interest.
I got ITRV also.
Help!
What should i do now?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Return of income - partnership firm