i m a CA student and i am also attempting CS in december 2013.i really need to know that when and how should i apply for exemption from 72 hours of IT training??? please reply as soon as possible.

I want to ask whether salary received by local councillors, MLA's is taxable under which head. And also what if such person is having income from other business also.

Hello,

Can any one explain me how to calculate interest on refund given by income tax department ?

Dear Sir,
in case of a partnership firm where HUF is a partner and from that firm if salary, interest, rent is paid to co - parceners of HUF in there Individual capacity, what relation should be shown in form 3 CD under Section 40A(2b)

A salaried employee filed his I.T. Return in Form ITR1 for the assessment year 2013-14 on 31/07/2013 electronically. He got arrears from Jan 2006 to June 2013. But he did not claim relief U/s 89 in his original return. Now he wants to claim relief U/s 89 for the assessment year 2013-14. Now what is the procedure to claim relief? Would he submit Form 10E electronically with revised return in the web site of www.incometaxindiaefiling.gov.in? Or after preparation of Form 10E he would submit Form 10E to his employer for the A.Y.-2013-14 for claiming relief U/s 89? Please inform me as early as possible.

Sir,
Suppose a person is running two firms of same group(one main and other sister concern) say ABC and XYZ. Now suppose the CASH receipt in ABC in APRIL-2013 is Rs.300000.00 and that of other XYZ is RS.200000.00. But by mistake he deposited Rs.450000.00 in bank a/c of ABC. Consequently there is negative cash in hand of ABC. What is the remedy ? Can XYZ give loan to ABC in cash for more than 20000.00. Please guide.

how is tax audit done...please elaborate

I want to start new contract in works contract services (painting works) in mumbai ,I have my cst and VAT registration from UP.
For this contract I have to purchase paint material from mumbai and execute the contract in mumbai so i want to know that can i execute this contract with my CST number and no additional vat registration required in mumbai . and I pay my all taxes from my CST number registered from UP. Kindly suggest me for this

My daughter is now NRI, She has NRE bank account in SBI. and her original bank account in other bank. Also other bank account is attach with their share dmat account. My quire is should she hold ordinary account and share dmat account in other bank or she has to inform all the related institution about their NRI status.
Hasmukh

is tin number registration similar to e registration of vat under ctax website in karnataka.