I filed for manual returns for A.Y. 2009-10 and now I am retired. I had an outstanding tax demand of Rs. 48,450/- generated for A.Y. 2009-10 which I saw in July 2013, although I paid all the taxes in that year. Form 26AS for A.Y. 2009-10 showed no TDS. I wrote an application to my jurisdictional A.O. on July-2013 to nullify the outstanding tax demand and I enclosed form-16. Form-16 for A.Y. 2009-10 had eleven entries amounting to Rs. 37,947/-. I guess that additional amont of Rs. 10,503/- is interest due on Rs. 37,947/-. After the A.O. received the application, he queried my then employer asking him for the TDS certificate and copy of the tax challans for nullification of the outstanding tax demand. Meanwhile, I also asked my employer to correct the entries of my TDS for A.Y. 2009-10. Now when I checked the Form 26A.S for A.Y. 2009-10, I can see three out of eleven entries amounting to Rs. 25,447/- present in form 26A.S. My employer also informed me that he has sent the TDS certificate and challan copies to the A.O. After all of this, the outstanding tax demand was not nullified and I got an intimation u/s 245 from Income Tax Office which has adjusted refunds of Rs. 8,023/- for A.Y. 2013-14 against the outstanding tax demand of A.Y. 2009-10. I have 15 days to contact my A.O., else this adjustment will be treated as final. I wrote another application to the A.O. and when I called him today asking about action he has taken, he tells me that because of elections, the internet is blocked and there is nothing he can do before the end of month. He also told me that since all the entries of Form 26AS for A.Y. 2009-10 are not matching, he can not do anything. What should I do in such a case? I contacted CPC helpline and they say that only A.O. has to be approached in such a case.

Sir, I filled both group exam form but i am only prepared for first group of ipcc. In my situation ,it is necessary to give both group exams for getting exemption in any subject of first group ? If i m not giving second group exam so i m not getting any exemption in first group ??

sir I wanna take transfer from my firm but my principle is asking me to refund my stipend ie he says that according to institute he has to pay only 1000 n nw he pays me 5000 so he is asking to refund 4000 n only then he will give me transfer ..... I have worked 9 months n m poor guy can't pay him that much but I wanna join another firm so plz can u'll help me

Can anybody help me with important questions of IT in IPCE May 2014 exam.urgent

NOW WITH JUST ONE MONTH LEFT FOR COMPLETION OF ARTICLESHIP, MY PRINCIPAL IS THREATNING ME THAT HE WILL TERMINATE ME FROM OFFFICE, PLEASE HELP ME WHAT I CAN DO IN THIS RESPECT AND WILL ICAI FIND A SOLUTION FOR THIS

Sir,

I am writing Books of ACCOUNTS FOR A Elderly person. He trades in Futures , Options and Short Term Shares . But has only Contract Notes with him. Can I mantain Excel Workings for the purpose of Income tax. Or do I have to mantain it in some kind of software. If I can provide full details with lot sold and purchase .

Please reply

What are items are necessaries into preparing a year ended final accounts statements.

ABC (SERVICE PROVIDER) INITIALLY RAISED A BILL RELATING TO MARCH 2014, WITH OUT SERVICE TAx.

AND THERE AFTER REALISING, THAT HIS GROSS RECEIPTS CROSSED 10 LAKHS, HE PAYS THE SERVICE TAX AMOUNT AND CLAIMES THE SAME FROM XYX ( SERVICE RECEIVER).

CAN THE XYZ, TAKE THE CREDIT OF THE SERVICE TAX AMOUNT PAID TO ABC, AS INPUT SERVICE TAX, WHILE PAYING THE SERVICE TAX RELATING TO MAY 2014.

The Employer has to consider Interest on housing loan while deducting the TDS on salary. In my case, the Employer took declaration in which the The date of possession is Jan 2015. whether the Interest on under construction home has to be taken into account or employer has to get copy of completion certificate from employee and then only he consider it for deduction of TDS?

Sir

i have less deducted tds from salary of director by Rs. 320000

now i have been asked to deposit the same
i am directly debiting director account

so no entry is to be passed on 31.3.2014

i will post the entry on 16.5.2014
as director salary 320000 to bank(being tds on salary for the year 13-14 deposited)

now how much interest is payable and under which section so no liabiity arises afterwards

pl explain