I, the Legal representative want to file Income Tax Return of FY 2009-10 of a Deceased Person (died in March 2010). Whether i can file this late return now? Income Tax department has sent a notice for the same.

A assessee is a distributor of BSNL. He purchased e-balance i.e. Topup of Rs 1000000/ and distributed Rs 1000000/- to retailers as required.BSNL gave him Rs 200000 as Commission for doing work as agent.
my question is , he want to file return for a.y 2013-14.
Rs 200000/ Should be consider as income for filing return. or
Rs 1000000/- (distributed to retailer) will considere as gross turnover and 8% of turnover i.e. profit declaration is necessary.


Thanking You

CAN ANY BODY TELL ME THAT HOW CAN I CHANGE STATUS OF PERSON IN PAN DATA.

FOR EXAMPLE IF BY FAULT ANY ASSESSEE HAS APPLIED FOR PAN GIVING HIS STATUS AS LOCAL AUTHORITY IN SPITE OF INDIVIDUAL.

THEN HOW CAN HE CHANGE IT FROM LOCAL AUTHORITY TO INDIVIDUAL. AND WHAT IS THE PROCEDURE TO CORRECT THIS TYPE OF MISTAKE IN PAN DATA.

PLEASE SEND ME ANY SOLUTION...

sir, a company having unabsorbed dep. of f/y 2011-2012 amounting to Rs. 40,000

now in f/y 2012-13 company's profit = Rs 2 lacs

due to application of mat there is no benefit of unabsorbed depreciation during f/y 2012-13

sir my question is: is it mandatory to claim unabsorbed depreciation if profits are available??

As per the provisions of Indian Partnership Act, 1932, only a registered partnership firm can file a suit. However there is no mention about filing of case by a firm whose registration is in process.
A partnership firm is having its application for registration in process since 2 years. So can it file a suit against any person?

Dear Experts,
I wish to pursue CS along with CA.
At present i have registered myself with IGNOU for B.Com.( which is distance learning and as per provisions of ICAI itself ).
I am pursueing CA Articleship as well.
And now want to enroll myself for CS Executive directly without appearing for CS-Foundation Because i am already CPT cleared.

Is it possible for me to pursue both B.com. and CS (both being Distance learning courses) and how should i disclose this in form 112.
Pleases help me out of this.
Thankyou.

one of my audit client is builder & developers. they book their bills on receipt i.e. if a bill is dated on 26/03/2012 and they book it on 5/05/2012 claiming that they received bill on that date only. is it right in context of tds.

1. Assessee had purchased factory premises for Rs.1 Lac in F,Y. 1983-84. Today its WDV is Rs.5000/- after claiming depreciation all these year. Now he has sold above premises for Rs. 50 Lacs and he bought new factory premises for Rs. 20 lacs. How to compute Short Term Capital gain and long Term capital Gain???

2. Continuing with the above example suppose in A.Y. 2013-14 he had incurred business loss of rs. 15 lacs. He had filed return in time.Whether above computed Capital gain can be reduced by the carried forward business loss of A.Y. 2013-14???

Dear Sir,

There is one doubt regarding RCM Treatment( Accounting Issue)

A Company has taken a car on hire basis from service provider(i.e; XYZ Travels, An Individual)

For this Invoice is raised for Rs10000/- and service tax portion amounts to 741/-(60%*12.36).
then how the entry will reflect in Service Receiver books .

If a listed company has called and conducted its agm on a public holiday, what are its consequences and what remedial actions can the company take to rectify the same.

Also ensure if the business transacted will be considered as null and void or valid?