Is provision for discount to debtors an allowable expense.If yes please provide section reference.

When Provision for expenses are allowed in Income computation??

Dear All,
An assessee while filing the S.Tax return did not enter the S.tax that was adjusted through Debit / Credit note and the amt of adv tax paid for a particular period in the ST return.
The inspector during the audit did not allow the above deductions siting that they were not reflected in the ST return filed.
The assessee argues that he has genuine documents supporting his claim, a mere non refection in the ST return cannot rob him off the benefits / adjustments.
Please revert.

Thanks & Regards,
Sobhan

An agreement dated 31/03/2013 was made for Rs.2400000 at stamp valuation rate , for sale of land by giving advance and final payment on clearance of a civil case on that land.

now on current date 01/11/2015 the purchaser wants to get the land registered but now as per stamp valuation property values at Rs.7000000.

what will be the date of sale of property an d what will be the sales consideration?

its urgent please

Dear Sir,

I have imported consolidated file for correction purpose but it is not accepting any sort of correction.

1) Wrong Challan Number has to be corrected as correct challan number.

2) Challan Amount has wrongly mentioned as Rs 100 instead of Rs 50 but now the consolidated file is not accepting correct amount.

3) Annexure is not accepting correct amount.

Please guide me and oblige.

yours truly
tarique rizvi

i filled itr 4 in place of itr 4s in which i showed business type trading others and only filled the detail of 4 brakets in genius like debtors cash stock and creditors not sent b.s. whole is it correct ?? is it compulsory to sent b.s. in itr 4

Hello,

A fire occured in my client's premises resulting into destrcution of all the books of accounts alongwith evidences. So, should we give disclaimer of opinion report or a report which we can frame from our working papers.

Also, our audit fees is pending since last 3 years so whether we can deny to sign the audit report or we need to sign the report.

Please advise at the priority.

I seek a full time accountant.

The qualifications needed to do the job are the same competencies as that of a articled assistant.

Where, & how quick, can I get such people in India ? A quick response from experts shall be appreciated.

Dear Sir,
I have seen a msg on e-filing website. Stating that -
Attention web service users we have depoloyed secured web service.......

What is the meaning of this msg?

Please clrify.

Dear Sir,

Please help me for the following issues

I worked in Automobile spares manfacturing industry turn over of 120crs

1.Is Cost records has to mantained for that industry

2.Is Cost compliance is applicable

3.If applicable what type of records are reauired?

Thanks
B.Phani Rajkumar

I Want add one deductee in Q1 Return & for that I Already paid TDS Amount with Interest but TDS Software ETDS is not allowing me to add the challan after downloading of NSDL Conso file, so in that case how can i add Challan in Q1 TDS Return?