Anonymous
24 March 2013 at 18:48

Accounts

is revise schedule 6 applicable in questions of branch accounting?????



Anonymous
24 March 2013 at 17:49

15g

Dear Sir,
My mother has only interest income below taxable limit. In her case it is good option to submit form 15G
or
Let the tds to be deducted and then file her return for refund.

Please advise me. Whether it is mandatory to file return for those who has submit form 15G?


Sourav

I have a valid PAN card for 5 yrs now but for some reason, I am not able to login to IT website (says invalid surname/ name) .

Also I've read that the 5th digit of the PAN should be the 1st alphabet of surname. For me this isn't the case. Is this the cause of the problem? How do I get this sorted out ?


Sourav



Got an email from CPC which reads like this. Not sure what this means and what I need to do. Can someone help to explain ?

Ref: - E-Filing Acknowledgement Number XXXXX Dated 20-07-2011
Your return for the above mentioned assessment year will henceforth be rectified by your Assessing Officer
. You are requested to contact your Jurisdictional assessing officer for any rectification related issues



Anonymous
24 March 2013 at 17:22

Set-off for excise duty

We are in trading business as Industrial suppliers. We purchase welding electrodes and consumable products from manufacturer; they bill us including excise duty. These products we sell to our customers working in manufacturing field. They use these products in production process. Now, can we bill inclusive of excise duty to our customers so that they can set-off excise duty, or is there any provision for set-off of excise duty from vender to customer as we are middleman trader in them? Any other way to set-off against other taxes?


neha agarwal
24 March 2013 at 16:49

Exemption

my uncle has a residential house in Agra which is self occupied by him..n now he wants to claim interest on borrowed capital on the same under house property income....he also wants to claim HRA on a house in Mathura...so can he claim these exemptions or not.?



Anonymous
24 March 2013 at 15:44

Articleship

hi plz tell mei last date of submit acticleship form in icai for nov 15 attempt .


Manoj Prasad
24 March 2013 at 15:24

U/s 44aa and u/s 44ab

for a private limited company

when it will be applicable in ITR-6 as (yes/no)

1-44AA
2-44AB

Plz advice, whether it depends on turn o0ver or Net profit

regards


Maulik Shah
24 March 2013 at 14:41

Penalty u/s.271 f for belated returns

As per provisions of Section 139(1) of the Income Tax Act, 1961, every person
whose total income exceeds the maximum amount, which is not chargeable to
income tax, shall by the due date, file his return of income in prescribed form.
Failure to do so by the due date or before the end of relevant assessment year
will attract penalty under Section 271'F of IT Act 1961, amounting to Rs. 5000/-.


so does this mean if a person who is actually not liable to file return u/s. 139(1), files a return in refund u/s 139(4) after the end of relevant asst. year

penalty u/s.271(F) would not attract


CA Rachit Agrawal
24 March 2013 at 13:56

Form 112

I am in CA Final. I am doing Bcom with CA & taken permission in form 112 for Bcom. Now i have completed my bcom final year exams. Now i want to apply for CS course. So,Please let me know that whether can I fill the CS Registration form first, before filling up new form 112 for CS --or-- firstly I have to take permission(i.e. Fill new form 112 for cs) and then fill up CS Registration form. I am very much confused. Please help me. Thanks. Regards, Rachit Agrawal






Follow us


Answer Query