If any body upload return (by mistake) but dont send acknowledgement to banglore. now he receive msg from cpc to send the same. what has to be done if that acknowledgement is not right & that return also cannot revised because original return was belated return.

I have query regarding filing of ITR for Assessment year 2011-12

form 16 reads like this:


11. Total Taxable Income- 183,987
12. Tax on Total Income- 2399
15. Total Tax payable - 2471
(including sur & ECess)

now when i went to a Tax Consultant he filed ITR like this

3. Total Income- 183,987
4. Net Tax Payable- 780
7e. Total tax paid- 2471
9. Refund- 1691

now as per my knowledge the tax calculation given as per FORM 16 is correct but then how Consultant has shown less tax and hence Refund.

I just want to know is it correct ? i have already discounted the obvious sections like 80C and the calculation is given next to that.

Many of us already got the refund as claimed in ITR by that consultant.

thanks in advance and appreciate ur views

A company having two different units (as part of the entity)at different locations within the same city and engaged in manufacturing two different final products of different chapter heads.

Of the two, one unit is having accumulated Cenvat Credit. The other unit is paying excise thro' PLA since there is shortfall in Cenvat Credit.

Is it possible to use the accumulated Cenvat Credit of one unit by the other unit as both are coming under one single entity. If yes, please guide on the procedure involved with reference to Excise Act/Rules/Circulars/Notifications if any.

SUPPOSE AN ASSET COSTING RS.115000 PURCHASED ON 2.4.2012. DEPRECIATION @15% WDV. HOW TO CALCULATE THE LIFE OF THE ASSET?

IF WE ARE ALREADY HOLDING THE INFRA BONDS UNDER SECTION 80ccf THEN ARE WE ELIGIBLE TO TAKE THE BENEFIT OF RGESS.?

i had appeared for ca ipcc exam 5th time but i could not clear it but my exams are gone very good so i had applied for re-valuation of ipce exam and i am waiting for the result of verification but it will take time so whether i filed examination form for may attempt or leave and fill in November as i am also got frustrated with continuous reappearing in the same exam for 5 times continuously so please provide me suggestion what to do
thanking you

Dear Experts,

1.My Gross Income for A.Y. is Rs.1269600
(HRA-Rs.360000 + Transport all. Rs.9600).

2.I have investments in LIC for Rs.100000/-

3.Company Deducted TDS Rs.94760/-

4. Rent paid 360000/- in Non-Metro City.


now wt would be tax on this income & also wt would be HRA exemption.

Thanks in advance Ji.

what is the registration procedure under VAT act?

Dear Sir,

I am salaried employee and i took LIC and paid premiums for my parents which dont have source of income

Can i claim those Premium as exemption under u/s 80C

if a assessee has the interest income only and the tax payable Rs. 15000/- whether the interest U/s 234B and 234C is applicaple.