I have purchased a shop in the year 2010 for Rs.9Lakh, at that time had no income I borrowed Money from my father and taken loans from friends.
Till now I have not filed my IT Return.
Now I want to file IT Return. Can I file the Return for the FY:2010-11.
If NO then how can I show this transaction in the Return of FY:2011-12? Pls Help me.

Sir, Please let me know that when assessee maintain proper books of accounts but shows our net profit below 8% then in such case audit under section 44AD is necessary or not?and second is does section 44AD is applicable in case both cases when assessee maintain books of accounts and when not maintain proper books of accounts?

1. I have to amend my ST Registration. Can I file the ST3 return only after online amendment in the ST Registration or only after the approval of amendment of ST Regn.

2. Can i file the service tax return after online registration or should i wait for ST-2.

Hello
I have received an intimation u/s 143 (1) stating therein that i am liable to pay rs. 280 in respect of interest. I will deposit the amount. But i want to ask three things

After depositing the tax do i need to intimate the income tax dept about my deposit of interest. If yes then how ?

Second will i have to adopt the rectifyprocdure u/s 154 on income tax website after depositing interest.

Thirdly when depositing the tax what head of deposit should i tick . Is it self assessment tax or tax on regular assessment.

Thanking in anticipation.

Dear Sir,

When at the time of revision of ST-1 online , after deleting the existing service & addition of a new service, pressing next button then a massage came ''Your request can not be proceed , contract the system administrator'' any solutions?

Are the directors required to sign on MOA ??
and Are the directors known as Sub-scribers??

Now i working in a manufacturing co. our company had the place of businesses in various states and supply the products through c&f. i need the clarification on C&F charges which are including service tax, those are collecting on all expenses what they are incurred like freight charges and stationary, electricity and telephone bills etc, these are all reimbursable expenses right, then why should we calculate the service tax on this amount also. pls clarify me.

One of my New Client is registered under Service Tax and Collecting ST & Depositing the same Sice Oct 2010, but never Filed ST 3, Now For the period Oct 12 to March 2013
ST 3 has been Filed, Now my question is

Whether he may file ST 3 for Back period, ST has alreadybeen deposited in time?

We are 100% EOU Unit We have executed B-17 Bond to import Material under Duty free.
Can we Re credit the B-17 debited amount after DE-bonding the capital goods by paying applicable duties?

I think we made provision for doubtful debts to save the business from bad debts . But i dont know if the bad debts have occured then what help does the provision gave to the business ?

Please explain in this context the reason to make provision ???