Sir's & Friends,

I had filed my friends return for income tax for the f.y. 10-11 on the 10.09.12, he had a refund of Rs. 57200/-, the return is processed and it shows (ITR Transferred out of CPC to Jurisdiction Assessing Officer in Incometax office) it also shows demand of Rs. 10120/- U/s 143 (1)(A). In such a case what should i do. Please help me, why this demand of Rs. 10120/- has come. Please let me know what should i do in such a case.

Thanks in advance

Hello Everyone..

I have a client house is receving a "Arrears of Pension" now & this Pension is Family pension (i.e this pension is recevied on account of death of her Husband)

now my query is with regards to the Taxablity of the Arrears of pension, as per section 57(iia) Family pension gets deduction of lower of Rs. 15,000 or 33.1/3rd percent of such income but Act is silent about the Arrears of pension

Secondly one can't consider deduction under Sec 89(1) as there is no Employer -Employee relationship here



All Suggestions are welcome..

thanks alot in advance..

Can a Salaried person who does not have tax liability of other than Short Term Capital Gain of Rs.292/- and long term capital loss of rs. 2435/- from listed shares of stock exchanges can file the return on 31-03-2013 without any penalty on late filing return. Pls. explain in breif. Thanks in advance

can anybody provide me the notes of icwa inter for the following subjects
1 finanacial accounting
2 commercial and industrial law n auditing
3 direct taxes
my e-mail id is ayub9584@gmail.com

Dear All,

My husband is doing a property developer. He enters in JD and develops the property.
he opted for composition scheme of VAT. I would now like to know should he collect the tax from his suppliers for sand bricks etc., who are unregistered dealers.

Thanks in advance

Dear Sir,
I want to know the scope for Chartered accountants in foreign countries.Is there any opportunity for CA to work outside,
does we need to pass some other examination.
Please guide us about all.

Hi experts plzz help... I'm a CS qualified nd doing my CS training I had completed 6 mnths of training and 9 mnth traing is left...So can u plzzz advice how I can improve my english communication skill...? Plzzz advice

can u solve my problem that Co. sell goods to Mediator 2200 include cst and Mediator sell goods to customer rs2600 inclusive vat 400..customer return goods to company directly....now i hv got problem that what journal entry should passed by mediator at the time of return of goods to company,,,,,,,,and what treatment of vat and cst....and mediator paid vat to govt.

I Have purchased 500 units of Gold ETF at Rs.1300/- per unit on 13.02.2011 & credited to D mat account. I sold 100 units @ Rs.2000/- per unit on 14.03.2012 & sold 200 units @ Rs.2700/- per unit on 20.1.2012. How is tax treatment of capital gain in Each year

My Chartered Accountant paid donation to The Institute of Chartered Accountant of India for Rs 2500/- in Chartered Accountant Benevolent Fund.He assigned me the work of finding out the exact deduction which is available under Sec 80G (Deduction is there for the amount contributed to ICAI in CABF) out of below four : -

(1.) 100% Deduction without any qualifying limit.
(2.) 50% Deduction without any qualifying limit.
(3.) 100% Deduction with qualifying limit.
(4.) 50% Deduction with qualifying limit.

Regards,
Preeti Gupta