Sir, i m appearing for dec'13 exam for cs executive. I have not received study material yet but stared studing through material available on net. pls suggest how should i study, pls suggest some time table according to subject importance. i can not afford to fail in the exam. pls help....

Hi Experts,

I have one query. One person had filed his return for A.Y 2009-10. Due to adding 1 zero inadvertently in total income, he has received an intimation from Income tax department.

1, can he file revised return?
2. what is the solution.

Please advise plz.

Thanks
Sumitha

Hello Experts,

I have query regarding my tax liability,

Assessment Year.. 2012-13
Individual
Original Return Filing Date 22/05/12
Tax Payable Nil

Now i want revised my return and my Total Taxable Income is 192750.

My First question was that Is it possible to revised return by online (E-filing)as i originally filed return physically.

My Second Question was What are the final tax i need to pay including any interest and penalty.

Thank a ton in Advance.

My client wants to sale a agriculture land wants to invest the Long term capital gains till the new agricultural land is purchased. By what time he should invest in Capital Gains Scheme Account to avoid interest u/s 234.

My father in law has aquired a 50% share in a property built in 1965. The property was divided and transfered to his name in Jan 2011. He died in 2011 Nov. The property was transfered to my wife, her sister and mother. Now we want to sell it. How capital gain would be calculated? How can three of them show it in IT return?

Does anybody knows when the ICAI is going to update the practice manuals of all ipcc subjects as i am going to give my first group in may 2013 because it has been not been updated on icai sites nor it is available in institute office and they are telling download it from site so what should i do only few days are left please help me. whether i should refer last updated practice manuals.

Dear Sir,

We purchased only Shirts as a uniform for labourer & supervisors of company depot. Sir, pls guied me that which head this exp will debit.
Regards,

Rahul Kumar Mehra

I filed ITR4S (SUGAM) u/s 139(4) for A.Y.2012-13 , on 17th Dec 2012, i.e. after around 5 months of Due date. There is no Tax Burden as I filed income >8% of Turnover as well net income was below 180000.
Is there any Interest liability?? Because I selected return u/s 139(4) and it shows Interest payable of around Rs.4100.

Respected Sir,

I want to know that, my friend have cleared 1st group of Ipcc in Nov. 2012, if he want to appear in Nov. 2015 for final examination, in which month he has to be registered for articleship training. so that, there no any delay for final exam.

I have mistakenly filed ITR 2 of my assessee who comes under ITR 3. A intimation from CPC Bangalore u/s 143(1/)/154 is served to me for the rectification. I tried to do the rectification but Effiling site is not accepting my rectification as i have now changed the ITR type from 2 to 3. Whether i should pay off the demand or there is some alternative. Please help me regarding this issue.