I had purchased immoveable property of of high value and fails to disclose the same in my annual return in Schedule-AIR of ITR-2 and the same mistake i committed since last 3-4 years continually.

Kindly let me know the consequences of the same and also suggest remedy available.

Now department caught my all records. Altough i had never booked any income being all transactions were of purchase not of sale.

Kindly expedite your suggestion.

Hi,
As we know filing of return of loss within due date is one of the conditions for carry forwarding business loss under section 80 of I-T act. If the return of loss is filed after due date whether the loss can be carry forwarded.

Dear experts,

in a company (50cr T.O), purchases are accounted on the "date of receiving" the invoices rather than date of material arrival. (no provisions created) they are saying that this is their custom long since.
there are lot of previous year purchases (approx 20lakhs)they are saying that they received the invoices now only. pls tell me what will be sequence?

SIR,

I am student of ca and i have a small sister she is just pursuing her 12th currently and she wants to do some other course and she suggested me the following courses
mass communication
human resource
training & development
foreign language
travel & turism
event organiser

sir i searched the whole net and i am not able to get any infoemation on any of these corses kindly help me by providing some info. on the following and also please provide me the names of some good carrer sites .

hello,

I want to Join PG Diploma in Treasury & Forex Management course.. FROM ICFAI.

Whether it is relative, and value addition course after being C.A.

AND PLEASE STATE THE INDUSTRIES STANDARD REGARDING THE SAME COURSE.

I am CA final student waiting for the result.

thanks in advance.

Dear Mr. Raghav

Thanks for reply

I was appointed a CA for scrutiny.

As I was deposited cash from my own cash on hand and withdrawn the same with in 1 to 2 days and same transaction was done so many
times.

As I was also produce my cash book to ITO. than also he was disallowed.

As I was decide to go for appeal. Any strong explanation ag. it.

WHAT IS THE DUE DATE FOR FILING OF INCOME TAX RETURN FOR THE PARTNERS, PARTNERSHIP FIRM IS IN AUDIT SO FOR PARTNERS DUE DATE IS 30TH SEPT OR 31 ST JULY

PLS GUIDE ME

Mr. Ashwani

ITO had treat as income all cash deposited in bank. so i have to go for appeal ? i was given explanation as i have to increase creditworthiness with bank therefore i was deposit cash and withdrawn the same. than also he was added as income and raised the demand.
any solution for that ?

Dear CA Club friends

FIRST OF ALL " HAPPY NEW YEAR" to all of you .

I want to know about DSC , I have the DSC and I am trying to upload the DIN1 form , but it was showing that there are some problems in DSCs for few days .

So please let me know what are the issues of using DSCs and if it is there when will it be solve ,and what is the solution for it.

Because as I contected to my DSCs service provider he was very busy and I was unable to solve my DSC problem.

Please reply in the below mail ID.

Thanks & regards:

DEEPIKA TYAGI

mail ID : primecfo@hotmail.com
Malleswaram
bangalore - 560003

Hello Friends

as per the below mentioned article for making the pan card u can submit the employer certificate
so can any tell me what is the employer certificate & its format
& how any one get the employer certificate

& whether the employer certificate works as address proof

waiting for your replies friends

Following documents can be used as POI and POA:

a). Proof of Identity
Copy of any of the following:

1 School leaving certificate

2 Matriculation certificate

3 Degree of a recognised educational institution

4 Depository account statement

5 Credit card statement

6 Bank account statement/ bank pass book

7 Water bill

8 Ration card

9 Property tax assessment order

10 Passport

11 Voters Identity Card

12 Driving License

13 Certificate of identity signed by Member of Parliament or Member of Legislative Assembly or Municipal Councilor or Gazetted Officer.


b). Proof of Address
Copy of any of the following

1 Electricity bill*

2 Telephone bill*

3 Depository account statement*

4 Credit card statement*

5 Bank account statement/bank pass book*

6 Rent receipt*

7 Employer certificate*

8 Passport

9 Voters Identity card

10 Property tax assessment order

11 Driving License

12 Ration card

13 Certificate of address signed by Member of Parliament or Member of Legislative Assembly or Municipal Councilor or Gazetted Officer.

* documents submitted as proof of address for serial numbers 1 to 7 should not be more than six months old from the date of application.