Respected sir,
If anyone takes excess leaves during articleship, Is there any problem regarding attempt?

I know that it illegal to give 15G/H if the income is taxable but does anybody really gets prosecuted? Specifically, if one has paid all the taxes due to him for relevant FY and filed the return on time by self assessing. Further the return has also been cleared by IT Dept. at nil demand/refund. The only reason for submitting 15G/15H was to avoid excessive TDS deduction and the refund processing overhead thereof as the new Website TRACES is still not 100% when it comes to claiming/getting refunds. I had a very bad experience when it comes to getting refunds as the TDS was not reflected in 26AS due to mistakes not attributable to me but to the deductor.

Secondly, if yes one indeed can get prosecuted then how can one rectify the mistake of giving 15g/15h for past FY 2012-13,2011-12 etc.

Thirdly, What else can be done to get the refunds if they have not been processed even after visiting dept. in person and giving an application and doing all the formalities thereof.

A PERSON WANT TO CREATE HUF-
1- WHAT IS PROCESS AND TREATMENT IN INCOME TAX

2- A PERSON CAN DEPOSITS HIS BUSINESS RECEIPTS IN SAVING BANK A/C

I have recently started a business of Indian handicraft trading. I buy the products from an artisan and sell it to my clients online via facebook.

All the payments are credited to my bank account and all the expenses are paid either via NEFT transfers or via cash. Recently I have got few international orders as well.

I wish to know what all accounting records will I have to maintain so that at the year end my bank account can be reconciled with my sales and expenses and the profit can be shown in the IT return? Please let me know the supportings also which I will have to attach with the invoices. Also For the international order, I wish to know that is it compulsory for me to apply for IEC code?

Is there any way by which I can send the products without IEC code because as of now the business has recently started and I am not sure if I will get regular international orders or not, so I feel applying for IEC for two or three orders will result in a lot of paper work for me.

Your expert opinions will help me a lot.

1.- WHAT IS PROCESS AND CONDITION OF FORMATION OF HUF.

2.- WHAT IS INCOME TAX TREATMENT OF hufn

If Mr.A had not filed ROI For last A.Y. and it had loss from business or profession. so it will not be carried forward as per section 139(3) read with sec 80 in current year but in same section there is one more provision in which the condonation of delay is allowed. which are those cases???? and what are the procedures to be followed for that???

I have recently started a business of Indian handicraft trading. I buy the products from an artisan and sell it to my clients online via facebook.

All the payments are credited to my bank account and all the expenses are paid either via NEFT transfers or via cash.

Recently I have got few international orders as well.

I wish to know what all accounting records will I have to maintain so that at the year end my bank account can be reconciled with my sales and expenses and the profit can be shown in the IT return? Please let me know the supportings also which I will have to attach with the invoices.

Also For the international order, I wish to know that is it compulsory for me to apply for IEC code?

Is there any way by which I can send the products without IEC code because as of now the business has recently started and I am not sure if I will get regular international orders or not, so I feel applying for IEC for two or three orders will result in a lot of paper work for me.

Your expert opinions will help me a lot.

a bank is paying rent of building including service tax on rent.

1.- can bank can take CCR on service tax paid on rent
2.- ccr is more then service tax payable on financial service provided by bank then what is process of service tax refund
3.- please tell all procedure
4- what will effect on service tax return

a person is agent of Life Insurance Corporation (L.I.C.). his total commission of A/Y 2013-2014 is Rs. 25,00,000.and also same(approx) in last five years.
but he never filed return with balance sheet in past. while he has asset amount Rs. near about Rs. 50,00,000 form past


Question-:

1.- what will be treatment of capital and other assets
2- now he can show is capital in full value or not
3- please provide solution

Dear all,
I need guide for filling WB P.Tax form III for return filing alongwith arrear and late fee.If possible arrange a sample.
I shall be grateful to u.