I have donated Rs. 2500 to Axis Bank Foundation in F.Y. 2013-14 as follows:
1) Rs. 1000 - voluntary contribution, on account of donation towards Odisha Cyclone Relief Fund
2) Rs. 1000 - voluntary contribution, on account of donation towards Uttarakhand Relief Fund
3) Rs. 500 - voluntary contribution from salary deduction, on account of AXIS cares - payroll donation program
In which Category of 80G, I can claim the exemption
A-Donations with 100% deduction without any qualifying limit.
B-Donations with 50% deduction without any qualifying limit.
C-Donations with 100% deduction subject to qualifying limit.
D-Donations with 50% deduction subject to qualifying limit.
Do I need to attach any documentary proofs along with tax return ITR-V in case e-filing?
Respected,
I have uploaded an ITR without digital signature which is NIL tax return and the income is below the basic exemption limit of Rs. 2 lacs. The problem is that I have not claimed a deduction under sec. 80TTA for savings bank interest. Although it is not required, but still I am willing to show and claim all correct amount. So can I file a return again as ORIGINAL RETURN or this return would be called as revised return even though I have not send the ITR-V signed copy to CPC? If yes then please advise whether doing this may increase the chances of my return becoming a doubtful return or not?
Thanking You.
AGM of govermet company held on 25/11/2013.But statutory auditor did not file 23b of appointment due to non availability of 23B form.As per new companies act,company is required to file the details in GNL-2 by attachment of ADT-1 But company also did not file return then what procedure is required to follow & what is penalty? who born the penalty?
I need notes of companies act for November 2014 exams especially for Directors topic.
Sir,
One of my Friend started a trading business in Kerala. Its annual turnover for the financial year 13-14 is Rs 6,50,000 only and it become net loss.I would like to know whether IT return is compulsory in this case .if yes can you share appropriate form for submitting the return .
Kindly advise the same
Thank®ards
Binu
Dear Experts,
We have sold some machinery during P.Y. and we have collected less duty than to be collected. The same was noticed by the dept. in the course of audit and collected the differential amount.
Further, we raised an invoice for the differential amount to the client.
Now the client is not ready to pay differential duty since he wont get input credit of the same.
Is this correct? If not, kindly advice me as what is the course of action.
Thanking you.
Dear Experts,
We have shifted our registered premises under Excise law to a new location along with raw materials and Capital Goods. During the process we have not complied with procedures as per excise law and dept. collected duty during excise audit on shifting of Capital Goods.
My doubt is,
Can we claim this duty as input in our new premises??
If yes, how much?
Kindly respond, its urgent.
Thanks in advance.
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