Hi,

Can any one provide me the Board resolution for purchase of CCCPS

Thanks in advance

Hi sir

My query is below mentioned

my one of friend has been received income tax letter :

1. The Income tax department has received information on financial activities relating to you. A list of some of the information for Financial year 2009-10 onwards is provided overleaf. As per records, you do not appear to have filed income tax returns for Assessment year 2010-11, 2011-12.
2. You are requested to furnish your response in the enclosed proforma ( Share transactions of rs. 20000/- or more) to the undersigned by post within 10 days. please note that your personal presence or presence of any authorised representative is not required.
3. If no reply is received. within specified time, it will be inferred that you have not filed income tax returns for the relevant assessment years and proceeding under income tax act, 1961 may be initiated.

Hi is not filed income tax returns from f.y 2009-10, 2010-11, 2011-12, 2012-13 due to non eligible under income tax.
but before f. y 2009-10 hi was filed it retuns f.y 2006-07

kindly reply how to i solve these query.

thanking you.

due date of furnishing return of assessee whose accounts are audited and date of furnishing tax audit report ?

A is a manufacturing proprietory concern with a sale of 98 lakh rupees . Its net profit is 5%. Is audit mandatory or not

Dear all,
My client failed to submit IT return within due date allowed in the notice u/s 142(1)but filed before the completion of Assessment. The return was considered as non est and assessment completed without allowing any deductions claimed in the return.
Is there any decision/judgment to consider these type of 'returns' as valid.

Sir,pls.tell the procedure & formalities required in full details for appointing a NRI as a director in indian pvt ltd co.If any apprtoval of CG & forms thereof

Dear Sir,
A assessee has received Advance from his customer Rs. 6.5 lacs in March 2013, assessee has issued sale bill in April 2013.

Now filing itr 4 I should show that 6.5 lacs amount in the column of sundry creditors in part BS
or
I should show it in coulumn of other provisions in part BS

I did not find column of other current liability in part BS.

Please advise me.

Good morning experts..
Yesterday I came across balance sheets of two pvt ltd. companies, they were holding 99.7% shares of each other [ A company holding 99.7% shares of company B, B company holding 99.7% shares of company A], is it valid ? Please explain the benefits of doing the same...

I am doing accounting for two indiduals whose net profit will be around below 8%.My friend CA has suggested to get the books audited under Section 44ab of the Incometax act.Pl clarify when the incometax return for the financial year 2012-13 AY 2013-14 has to be filed. Is there any extension of time for filing of incometax return.One individual is trading concern,the taxable turnover is Rs.70lakhs.The other individual is Manpower agencies,his receipts is around Rs.60 lakhs.
Pl clariy? Thanks. Regards

I am an qualified BCOM Graduate, passout year 2010. Currently working in Infosys BPO, Chennai.I completed CA CPT in Dec,2008. Due to some financial imbalances, i discontinued my IPCC. Now am interetesd to continue and want to give IPCC attempt in May,2014. No option for coaching, so want to do self study. Kindly advise me how to utilise my time and how to prepare for exams.