Hi... As I am new to Income Tax, I ve a few queries. What is the meaning of Assessment Year 2008-09. if I have to file my ITR-4 for the last financial year, i.e. 2008-09, then what will be my Assessment Year. While going through the Income Tax website for e-filling return at https://incometaxindiaefiling.gov.in, e-filling for AY 2006-07, AY2007-08, AY2008-09 is avaliable, So which one should I choose to file my return. I ll be gratefull if anyone can guide me on this. thanks in advance...

Hello Experts,

Pls guide me to the following:-

1. Can we provide depriciation to assets only for the number of days used (say put in to use in the middle of the year and put on hold after few month but before year end)is it legal according to Co., Law.

2. Is it possible to provide depreciation as mentioned above and also reduce on account of impairement of assets in the same financial year. (under Co. Law and IT)

3. if Possible Impairement on which value on WDV on Gross block.

Thanks in advance.

If suppose ,one companies income tax provison working comes to 25,00,000

advance tax - 10,00,000
TDS -5,00,000
Self assesment tax payable - 10,00,000.

Please tell me all the accounting entries to passed for provision of income tax.

Whether the advance tax and TDS is to be brought back together in provision account?

Or
Advance tax and tds is to be shown seperate in asset side. And the grouping of provsion is to be done under the assets side. Say a group Taxation provision consist of Advance tax ledger,TDS and Provison.In this case no need to be net off.But whether this is OK.Please clarify.

DEAR ALL

I DNT UNDERSTAND WHY ITR FORMS ARE NOT AVAILABLE TILL NOW. WHY THERE IS DELAY. WHEN IT WILL BE AVAILABLE.

HOW CAN ONE FILE RETURN NOW ?

Sir / Madam,

Does catering & Decoration business is covered under presumptive taxation.

If yes, what is the section & what is the % of Income to be shown.

Thanks
Altaf

please share the important topics to be covered or must do ones for the ca final exams especially theory subjects . wuld really aprreciate and be thankful if friends can take out time to write the topic names or chapter nos and the book in consideration

Please give me the procedure & Format to obtain DIN for Foreign National

If a agency supplying house keeping services claims reimbrusements for house keeping material against original purchase bill (which the agencg must have got at time of purchase )submited by them and VAT is charged in that bill by seller (not the agency), can such agency charge service tax on whole purchase bill of house keeping material (for the Bill, for which they are claiming reimbursement). If yes/ no, under which section or notification.

Can any one send me Format of Affedavit for Father Name as passport copy carry only mother name for application of DIN

I had taken a transfer on 25/03/2009 but have still not submitted the form no.109 and form 102,103 of new principal.So can I do that now or not?