respected sir,for ay 2012-13 online filing is not possible.but we opt the option of return under sec142(1) the system is accepting the return.by doing this is there any invitation of trouble ? please some one clarify thanking you

What are diffrence betwen TIN & TAN

what is the difference in CT-1 CT 2 AND CT 3 IN CENTRAL EXCISE

WE HAVE NOT FILED THE IT RETURNS FOR LAST 2YEARS WILL THERE IT BE ANY PROBLEM FOR US. AND IF PROBLEM IS THERE WHAT ARE THE PROBLEMS WILL COME IF MANY THEN I WILL FILE MY RETURNS. BUT HOW MUCH PENALTY I SHOULD PAY TO IT DEPT. KINDLY SUGGEST

Thank you Vishnu & Nischit. Both were filed on 29/3/14 just 2 weeks before. I have three problems:

(1)As Nischit has replied that I can revise AY 14-15. But it is not filed even. So I will file it now.

(2)AY 13-14 has all computations & balance sheet of FY 13-14. And as it is filed on 29/3/14, is it delayed submission? Can I revise it?

(3)AY 12-13 filed by my preparer has all computation & balance sheet of FY 12-13. It should have been AY 13-14. Moreover earlier I had filed AY 12-13 manually myself. And I have already received refund for that.

(4)I wrote a request on incometaxindiaefiling.gov.in I received following reply. I could not understand whether it is for AY 12-13 or AY 13-14.

"As per your concern, request you to send the ITRV to CPC for further processing within 120 days. Revise return not acceptable since original has been filed belated. After processing kindly apply for rectification, income detail changes not allowed in rectification."

What to do with these problems.

Hi everyone,

Recently a friend of mine shown me the eligibility to write final exam. I always thought that final exam can be written after the completion of two and half years but as per the Icai website it means I can write final after two years.I have cleared IPCC in May 2013 and started my articleship on 26th Aug 2013. When will be my first attempt May 2016 or Nov 2015??
Refer the link.
www.icai.org/post.html?post_id=650

Thanks in advance.

retirement get a rs : 1900000/-


how mant pay a income tax on gratuity

Sir,
One of my client(Partnership Firm) have a car loan from Audi Finance. During the FY 2013-14 he did not deducte any TDS on interest paid i.e. paid full instalment without deducting any TDS.

Now What are the remedies available.
a) He should not deduct any TDS?.
or
b) Deduct TDS on all FY from April-13 to March-14 monthwise and deposit with interest and revise TDS return??

Plzzz advise ASAP so that we could file our Q4 TDS retun in time.

Please inform the responsibility of buyer and seller.

Property value isabove 1 crores as per govt registration value. Buyer has paid an earnest amount of 40 lacs by cheque on 1-4-2014 to seller and final balance payment will be given at time of registration on 25-05-2014. Is TDS to be deducted for Rs.40 lacs or buyer can pay at time of final payment at time of property registration. What is buyers ans sellers responsibility and which forms are to be submitted by buyer and seller.

Whether sr.citizens are exempted from payment of advance tax?
Is so, difference of tax between tax payable and TDS amount at 10 percent deducted by banks on FDs can be paid as self assesment tax?
Whether self assesment tax can be paid in instalments in April,May and June.