Dear All,
If an assessee has a capital gain in previous year on sale of property on the last day(i.e.31 Mar) and he has not invested in that year against sec 54. and paid tax on that.

I the following AY he invested the same money against Sec 54.

Then how can he claim and what is the procedure?

I received notice u/s 139(9)in which it says that there is negative profit in gross profit or net profit in schedule.

actually, my client incurred loss derivative of Rs. 12000 and i have shown negative profit i.e loss and in profit loss schedule, i have shown this loss under the head" Assessee not maintaining Books of Account" hence i did not fill profit and loss a/c and balance sheet.

Now, while responding to this notice, what should i do?

hello sir/madam,

i have a query regarding registration
for e -filing ...one of my close relative
got registered on income tax site of gov..through some one else ...but he does not know his password ...can he once again can get registered on that site.... and how plz advise ....

thanking you
with regards
himani gupta

Dear Sir/ Madam,
Now a days the Shriram chits and some other bankers are also asking to get the attestation of the auditor or the consultant on the income tax returns filed.

I would just like to know that weather is there any RBI Rule to be get attested or any other.

To my opinion as the Ack from the ACIT Department can not be attested by the ITO then how can a auditor or a Consultant can attest.

Please give a clarification. Is it really mandatory to get sign. on the ACK

Dear Sir/Madam
I am doing CS foundation course and appearing in December 2013. I am already working in an accounts department So, I want to know the Job experience (department)required for the CS student by which I will get exemption for training.
Thank You!

Can anybody explain me that what is "BLACK BOOK" which is maintained by companies?
Which topics are included in black book.
If you have any format or link regarding this then please share?

Thank you.

If an individual receives rent from his immovable property as Rs 5,40,000 per annum and Rs 32,16,000 per annum totalling to Rs 37,56,000 per annum:-

1. Does he have to pay Service Tax separately or together for both the Rents received ??
2. Can you please let us know how much Service tax needs to be paid for the entire year (or every quarter) along with the calculation ?
3. Can we deduct Property Tax as a deduction while calculating Service Tax? if yes, the amount of property tax would be of the previous year or the present year?


Regards

SIR,
CAN A PRIVATE LIMTED CO. CHANGE THE DESIGNATION OF MD WITHOUT THE CONSENT OF MD OR INFORMING MD.
WHAT ARE THE PROCEDURES REQUIRED & WAT ARE THE CONSEQUENCES?
ONLY CHANGING DESIGANTION, NOT REMOVAL OF DIRECTORSHIP.

What are the services provided by the banks to the customers for which the service tax is to be collected?

Besides salaries, int on deposits, pension and payment to contractors are there any services on which TDS has to be deducted?

Kindly tell me whether grant given by a society ( Not a tax free entity) to another society( Not a tax free entity)is covered under service tax?
since receiving society is spending that money for the stated purpose,of first mentioned society.
whether it is giving service to first mention society ?