Anonymous
23 August 2013 at 17:39

Filling of income tax return

Dear sir,
As i have started newly my profeesion , kindly guide me about filling of income tax return For the following case.

Recently i have meet with a my newly client for income tax return.after examining all the detail , i am confused about ITR form and how to show income.

Mr. Aplesh who is working as Art director and received 4lac rs. entire year from reliance big ent. limited . As per TDS status 40 K (u/s 194J). TDS has deducted.
now the case is , he is living in a joint family , and his elder brother without knowing his income , he just started a tours and travelers business on his PAN Number. now he has also received 5lac Rs. Income and deducting Amount of TDS shown in Form26AS 5K (u/s 194c).

and His brother didn't maintained any accounts of his work , done under tours and travelers business. despite he has some vouchers of paid salary to drivers and rent of vehicles.

Now his total income has reached to 9 lac. for AY 2013-14.
shall i need to filed business return for the income ? or i show Art director income under IFOS.

other important detail
u/s 80c he has paid 12k as mediclaim
& For business purpose
he has taken 24lacs Loan from the Bank

how can i make a tax planning to get some of the tds refund amount out of 45K ?



Anonymous
23 August 2013 at 17:37

Trust- audit report

Whether audit report of trust (form 10B) has to be filed electronically. If so what is the procedure to e-file the same.
Kindly help with a detailed reply.



Anonymous
23 August 2013 at 17:27

Vat nil return

Dear sir ,in 2011-12 i had did vat(201)form nil return by this process > TIN ,DATE ,BUSINESS TYPE ,MAIL,PHONE NUMBER ,IN SI-NO (4) NO AND SI-NO (5)0 Then Validate and upload this form without change any name ,

But now this process is not working ,so please sir tell me how to solve VAT Nil return , my mail id is - bijaypradhan66@yahoo.in ,
66pradhanbijay@gmail.com.

sir please give me a PDF example which will help me to return ,


Praveenveldhi
23 August 2013 at 17:26

Double taxation relief

Dear sir/madam
my friend have been doing job in US in indian company for the last two years. he came india in january and get the salary 1,80,000(90,000pm) for the month of feb and march. (same indian company).
my query is.... Tax already deducted in US for the months he has worked and also deducted in india for months worked in usa (TDS 150000). how he get refund under double taxation relief . according to india and US double taxation relief agreement



Anonymous
23 August 2013 at 17:25

Service tax on legal charges

Dear All

Is it necessary for us to pay service tax on legal charges as per Reversal mechanism system ?
Our legal consultant has claimed his bill with out any service tax.
He has also not taken any service tax registration number because his annual income , which is less than 8 Lakh PA.

Please confirm the procedure...



Anonymous
23 August 2013 at 17:17

Bank a/c

Sir,
after getting Certificate of Incorporation in case of private limited company

to open bank a/c

How much the company needs to deposit in its a/c.

viz. Paid up capital is Rs.1 lac , whether entire 1 lac is to be credited in its a/c or less than that.


sreebindu
23 August 2013 at 17:12

Gmcs

SIR/MADAM

I joined in articles on 17.04.2012 after completion of my IPCC now I wanted to know that when should I register for GMCS and details of fees



Anonymous
23 August 2013 at 17:07

Interest on late payment of service tax

Under which section it is prescribed that Interest on Late payment of Service tax is 15% p.a.,if turnover is below 1 crore?



Anonymous
23 August 2013 at 16:53

Articleship

can any one tell me that working in a public sector bank would be considered as valid articleship. or will institute accet this as a industrial training. plzzzzzzzzzzzzzzzzz reply


vickey joshi
23 August 2013 at 16:50

Trial balance

Sir.
We made trial balance as at 31st march than why we take opening stock into it.






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