What is funding ?

can husband and wife only be partners in a partnership firm for doing business? if yes then wt wii be tax treatment in the hands of partners ?

hw to study law so that i can score good marks

Hi,
I have filled advance tax for the A.Y. 2012-13. But my PAN No. was wrongly entered by bank on Advance Tax challan & I didn't notice that time. Now, I have got an intimation from department that I have not filled advance tax.
So, Please let suggest me, how can I rectify this.
Thanking Yours.

Dear Sir,
One of assessee had done work contract in fy 2010-11, and his gross receipts are Rs. 1900000/- and tds deducted thereon is Rs. 19000/-. That assessee did not file his IT return for the same year.

Now he has received an non-statutory intimation from department asking him that he has received the sum of Rs. 19 lacs and submit his response within 7 days of receipt of this intimation.

Now please advise me on following points -


1. What should I state in responce of that intimation.

2. Whether the IT return for the AY 2011-12 can be file now in responce of that intimation.

3. Whether the assessee can seek his refund by opting section 44AD, then his net profit would come to Rs. 156000/- which is below exemption limit.

4. What are the enclosers that I should enclose with my responce.


Please reply soon, its urgent.

Thanks in advance.

sir i have sent my form 103,112 along with necessary documents about 2 months ago ..but i didnt recived my regestration letter...,nor my name is updated on members record...PLease help me

I want to file first quarter etds (01.04.2013 to 30.06.2013).

In case of salary TDS (92B) , Salary for june 2013, paid on 01.07.2013.

TDS deducted on salary of June 2013, in which quarter to be filed ? either 1st quarter or 2nd quarter?

TDS deducted entry on 01.07.2013 and tds payment entry is also on 02.07.2013.

Please guide me.

I want to know the rates of service tax, RCM and Abatement.

I read the following Example some where .
There is A a contractor who construct the building
for B.A is purchase material from c . example as below to found taxable value on which service tax is charged

Gross amt. received by (A) excluding taxed Rs.95,00,000

Add: Fair market value of goods supplied by the service receiver excluding tax Rs.10,00,000

Less : Amt. charged by service receiver for such goods or service received by service provider Rs.5,00,000
The taxable valu is Rs. 1,00,00,000

Now in above example ,the service receiver is B .But in the line "Fair market value of goods supplied by the service receiver excluding tax " who is service receiver ? and in the line "Amt. charged by service receiver for such goods or service received by service provider " who is service receiver and service provider ?Plz explain me above example.

I have got an intimation under section 143(1) , which is received to pay additional tax amount for assessment year 2012-13. While filing return, i showed the amount of TDS under a single TAN, however, the TDS was deposited under 2 TAN. Kindly let me know, how to rectify. I have tried to rectify the e-return, it asks to upload and XML file.
Th query is whether the xml file shall be same generated from ITR-1, if yes, in row of original/revised, what shall be filled as it does not show u/s 154 under whicht the rectification needs to be filed.