sir ,
i am a ipcc student and i am very weak in tax.But i am good at rest of subs of group1.
so how to study tax..

A friend had submitted late filing of returns for AY 2008 and 2009 in Jan this year. Even though the taxes had been submitted by the MNC that he worked for, the filing was done late. When he went to check on the refund status, he was told by the AO that the system is showing a notice under sec 153A and sec 153C which he himself does not know and will check. Can you advise what is this and can he get his refunds even though he has filed the returns late? As per the CA who filed his return, he feels that friend is eligible for refund but no interest on late filing however the AO was of the opinion that this cannot be claimed now. pls advise?

I have given my first IPCC attempt in Nov 11 and I want to know should I need to buy new books for law and audit as I have same old books which I buy in my first attempt.

I am giving both groups of ipcc in november. I have not even started preparing for audit and itsm. Please guide me on how to prepare these subjects? How do i write the answers? i tried studying from surbhi bansal's book but would it be okay if i write answers in exam in that point by point way or does the institute expect something different?

I am giving both groups of ipcc in november.

I have not even started preparing for audit and itsm. Please guide me on how to prepare these subjects?
How do i write the answers? i tried studying from surbhi bansal's book but would it be okay if i write answers in exam in that point by point way or does the institute expect something different?

Dear Sir,
Whether the reimbursement received from employer are required to mention in itr 1
or
they are required not to mention.

If yes then in which col. of itr1 they should be mentioned.

Dear Sir,
A partnership firm was incorporated in 2006 and salary clause in partnership deed is accoding to that time prescription -
on the first - 75000/- 90%
on the next - 75000/- 60%

Now the precription for salary has been revised by the department.

Now in the above case whether the salary should be claim on old basis
or
Firm can claim salary on new basis.

department has sent a letter to a person questioning the reason for not filing the ITRs in the previous years as they has noticed some if the significant transactions during those periods.Now i want to ask what can be done regarding this.At the most i can file ITR of two years.Assessee is asked to reply within 10 days. pls suggest what should be done ??

We are manufacturer of Equipment which attracts ED at the time of sale.Painting of Equipment has been offloaded to some painting contract who is responsible for supplying and applying of paint. Contractor raised Invoice with Vat for supply of Paint and raised Service Tax invoice for apply the paint.We have difference opinion regarding applicability of service tax since final product attributable to ED. Please advice, whether its covered under Mega exemption or service tax to be paid to contractor.

One of my client company planning to open a company which supplies bio-medical equipments to hospitals. just wanted to know whether provident fund registration & esi registration is must irrespective of no of employees.