As per RBI Circular RBI/2013-14/292 DBS.CO.PPD No. 3578 /11.01.005/2013-14 dated September 17, 2013 all the Scheduled Commercial Banks (Excluding RRBs) / Local Area Banks are instructed not to indulge in the zero percent EMI schemes offered.

Is this means that NBFCs are allowed to provide loans on such zero percent schemes, as NBFC are not written in circular?

Regards

should tds be deducted in current year on interest other than interest on securities u/s 194A by individual assessee, if during financial year immediately preceding the financial year in which interest is credited or paid-business profits were audited under section 44AD due to lower income declaration

I submitted my E return for assessment year 2012-13 in the month of Aug. 2012. I have not yet received any intimation till date Can any body tell me the reason for the delay. I am everyday checking on website.
Thanks

Sir
my principal get death before 4 month as my firm is big and many partner we dont know about the death of the principal now i know abouth the death of my principal and other partner join the the office so what i have to do re registration or not and can i get transfer pls help

hi

In current scenario report must be uploaded before filing of income tax return in that case how will return will get revised???? is it mandatory to change report & upload the same brfore filfing the revised return????

There is problem showing when filling tax audit report i.e. form 3CB.
Problem is that when signing file with DSC java error is showing still Java 7 update 40 is installed.
And Also tell me is tax audit date extended in Gujrat.

Hi!
I have purchased agriculture land in urban area in 2006-07 for Rs. 70,000.00 and sold the same in 2012-13 for Rs. 18,00,000.00 and have purchased agriculture farm land in urban area for Rs, 11,00,000.00 in 2012-13. Pl. let me know the amount on which I have to pay Capital Gain tax.

regards
Dinesh Gupta

We are filling income tax return with use of sec 44 AD.

Business is - Breaking contract of concrete slabs.

our turnover is 20 lakhs (Partnership Firm)

Query -
1. can we file income tax return without profit and loss account and balance sheet, using special business option.

2. are we liable to any other tax such as service tax , works contract.

can any one tell me the way of treating the paid excise duty,education and higher education cess paid to the supplier and at the same time if it is collected from the buyer...please eloberate your answer with the
way they should be treated in books of accounts and the amt to be remitted to govt..hope i have a quick reply..thank you in advance

Dear all,

I have a query like this :-

Before the coming of online filing into the picture a person was appointed as the director of the company by taking a provisional DIN .Just after the MCA 21 when we filed DIN 3 , it wasnt approved.

Now we have an appointment record but the DIN is not approved. Also MCA doesnt show the directors name on the signatory details .

Now do we need to file Form 32 for the resgnation for the compliance sake ??

Note : DIN isnt approved .

Thanks