One of our client has incorporated pvt ltd in 20.02.2013.
What is the due date filing of IT Return?

Should Annual report be audited by an Auditor before filing Return of income ?

Is it possible file the return of income Without adopting the audited accounts in First AGM ( Because They have 18 Months time to hold the First AGM)?

Thanks in Advance

I am registering under a CA as an articled assistant today. My Bcom classes have been over but my exams are pending on 28th march. Do I need to fill Form112? Will my college stamp in the form as my lectures are already over? When can i submit form112 in the latest?

I hv sold my father's property which was purchased by him before 1980.
Proerty was titled to father's and nominated to me and my brothers.
For d sales purpose, we make one stamed document in which mentioned tht property is tranfer to my name on behalf of my brother.
Aft tht we sold property and cheque was received on my name.
So now to get benifit in income tax can v divide sales amt within all my brother.
Is their any legal documents required for this division?

sir, i am doing ca,cs and b.com.
i want to how to fill my permission in column 17 of form no. 103 of articleship. pls help me sir.

I have query regarding allowance of depreciation on amount of disclosure as an fixed assets during the course of survey.Details are :

-During the course of survey on assessee,ITO find extra amount of Rs. 50 lacs paid to builder for purchase of business office.

-For that assessee disclosed that amount as in addition in office/ fixed assets.

Now my query is that assessee can claim depreciation on that addition of Rs. 50 Lacs or not. And kindly provide link of any case laws if you have?

Hello experts,

One of my client's profile is reflecting an outstanding demand of Rs. 5,500 in the Income Tax Department's site for AY 2004-05. The assessee hasn't received any further communication post that demand. He wants to clear his outstanding dues.

He wants to know the break up of the demand amount as to Tax, Cess, Interest and any other category where the amount is payable.

I request your opinion so that the amount can be paid.

Thank you.

A clerical mistake has happened while accounting. a) CST purchase bills have been accounted twice.These mistakes have happened in the year 2012-13. Now I want to rectify these mistakes. Whether I should cancel the extra entries and submit revised VAT monthly returns for that particular month or Should I pass journal entries to rectify the mistakes and adjust them in the current month VAT returns. or cancel the entries and record the correct entries in the Annual returns(April to March) while preparing the final accounts?

I am doing articleship under a CA Firm...
And i am also doing cwa as well as cs so please help me that how will i be able to do the training for cs nd cwa .....
Please help me with this...

As per Income Tax, TDS has to be deducted on the amounts credited or paid whichever is earlier.

Following this on provision also TDS is applicable, but as per AS29 provisions are estimates where actual amount is not known.

Whether TDS has to be deducted on the provisions made on the estimates at the month end and reversed at the next day?

Hi All,

I am working in a manufacturing company , we have received input tax credit,

v have availed inputtax credit but v received a notice from excise department stating that company is not eligible to take input tax credit .

please let me know when the company is not eligible to avail inputtax credit.



its urgent


thanks in advance



Regrds,

kumar