STEP 1- IF I HAVE MADE AN ENTRY OF PURCHASE ORDER .

STEP 2- SUPPLIER SENT GOODS WITH INVOICE , SO I MADE ENTRY DIRECTLY IN PURCHASE VOUCHER ALONG WITH COMMAND ''INVENTORY VALUE ARE AFFECTED TO YES'' SO THAT MY INVENTORY GETS INCREASED DIRECTLY WITHOUT MAKING ENTRY IN RECEIPT NOTE. MY PROBLEM- AFTER FOLLOWING STEP 2 , MY INVENTORY DOES NOT GET INCREASED. PLEASE CLARIFY AS SOON AS POSSIBLE.....THANX

I Filed Service tax Return of 2014-2015 (H2) & I forgot to take the cenvat credit.

I paid the service tax amount which was payable of that half.

Now the period of 90 days is lapsed for revised return & I am not considering the cenvat credit in original return.

Please help me which option is available to utilized the above cenvat credit. (Cenvat credit amount is Rs.5 Lacs Approximate)

Hello Sir,

I have submitted my returns for AY-2015-2016. But the same way, I haven’t submitted for last 4 years returns (AY-2011-2012, AY-2012-2013, AY-2013-2014, AY-2014-2015).
I came to know that, we can submit last 6 years and get the Tax refund. But I couldn’t able to do it online.
Please guide me on the same.

Dear sir
Last year my friend filed income tax return through online via private site.
Now I tried to Login the same, but unable reset the password. It says that no such user ID, then I tried to Register and it says that This ID is already Registered!!
Please provide any solution..

Hello,

Does the contribution made by Central Government or other employer needs to be added to the income of the assessee before allowing deduction or not.

If yes, then how can we call it a deduction?
I mean, first we are adding it and then subtracting it.....it becomes neutral.


Thanks..

My client filed appeal and stay application before the CIT (Appeals) against the Assessment Order which was high pitched.CIT (A) dismissed the petition without granting stay. Appeal is yet to be heard. Is it proper to approach ITAT against the order of CIT (Appeals), for stay of recovery of demand or what is other remedy? In other words, is it possible to file Stay petition before ITAT when the appeal is pending with CIT (Appeals)?
Please advise quoting relevant provisions in the law or case law, if any.

Dear Sirs,

I have used recent (Downloaded today) both the ITR4 filling utilities namely Excel and JAVA.

with identical data being filled in respective filled the out come and tax calculations are different.
With Excel utility Refund is shown against TDS of Rs 4000.
With JAVA Utility TAx liability is 28108 plus Penal interest totaling Rs 30181.

Anybody aware of the ambiguity, what n individual shall do in this case.

Thanks

Dear Experts,

We have filed the IT return on or before due date for the FY 2011-12 & 2012-13, but Our company was not adjusted the TDS which is deducted by our customer for the both the FY 11-12 & 12-13 due to the deduction was not reflected in 26AS, our CA suggested & filed return with no credit/adjustment the tax, later customer have filed the TDS return & issued the Form-16A, so my query is

1. can we apply for refund the tax due to late filling of TDS return by the deductor?

2. If we can apply What is the time period for it?

Please clear the query as soon as possible.

Thanks in advance

Warm Regards

Shankar

Hi All,

I gave ISCA exam twice and my marks were 24 in first attempt and 29 in second.

For my second attempt: I took classes in order to gain better understanding. Strictly followed Study Mat. Understood and learnt the content by heart. I gave 15 mock tests and fared 60 plus in all those mocks.

Revised Isca 5 times (Study Mat), also referred a reference book (which was nothing but a copy-pasted version of mat). Did PM thrice. Also, I have a decent command over language.

While answering the ques I used diagrams wherever necessary and took 3 extra sheets as well.

Result = 29 marks.

I called for copies and received them today. I was shocked that the examiner didn't even bother to match the headings nor did he read the content.

So much so that if my points were not written in sequence as per those in suggested answers he has not given me marks.

My marking is either full or nil. Full in fortunate cases wherein my points' numbering matched with that of suggested answer. I gave it to the coaching institute from which i did my mock tests and they say this paper easily deserves a 68 (that is when ICAI has not provided me with 4 pages of my answer book - one whole answer).

I feel extremely disgusted and do not know how to proceed. It is impossible for me to literally mug points as per numbering (it is insane).

If anyone got any clue how do I "improve", kindly share with me. I have done everything possible on my end and this failure tag might hamper my career initiation.

Please guide and help.

PS - Can't share the suggested answers here as it might get me in contravention of ICAI's regulation.

Sir My eligibility for CA FINAL is May 2016.When to register for CA FINAL? Because many of my friends registered but they receive old books which is for 2015 only. Since there are many changes expected for 2016 when to register so that I get latest materials ? Please reply