Q1] If an assessee files a return after due date (Belated u/s 139(4))and forgets to include:


1) Secured loan balances,
2) Deprecation on some of its fixed assets
&
3) TDS available for refund

in its return and he is not liable to pay tax then what will be the consequences as he is not allowed to revise his return?

Q2] Will he be able to claim the Depreciation on assets which were not included in Balance sheet & on which dep was not taken and TDS refund next year?

Q3] Will he be able to show his secured loans next year which were wrongly not included in balance sheet this year?

Please help me....

I have cleared my PCC in 1st attempt in November 2008 & I am looking for qualifying CA Final too in 1st attempt..

But I am not able to decide upon best reference books for each subjects for final course as I am not joining any tutions due to financial reasons...

So kindly guide me for best reference books for each subject...

Whether maintanance charges paid of a building are liable for TDS u/s 194C ????

Pls tell me the no of groups and syllabus in CA final (new) since I want to opt for the new syllabus. I am a CA final (old syllabus)student.

WHAT IS DIFFERENCE BETWEEN THE NOTIFICATION
AND CIRCULAR.

Pl tell me what will be the consideration for transfer of shares by way of gift and what will be the stamp duty for those shares?

its urgent

Hi,
I would like to know the maximum last date for belated return for FY 2007-08 and in the case of assessee whose total income does not exceed maximum amount not chrgeable to tax. Is there penalty on them for not filing IT Return before 31st March 2009.

Can a person whose total income does not exceed maximum amount not chrgeable to tax can file his ITR for FY 2007-08 after 31st March 2009. What will be the consequences if he files return after 31st march 2009.?

Dear Frinds
I have a very urgent query ,

We are deducted a TDS more than Actual Tds so shall we are take as advance Tax in Balance Sheet during current Financial Year.

Dear Frinds
I have a very urgent query ,

We are duducted a TDS more than Actual Tds so shall we are take as advance Tax in Balance Sheet during current Financial Year.

We provide service to a foreign customer for the amount USD 1,00,000 on 14.05.2008. Further we deduct TDS from his account USD 10000 and deposited into bank.
Now My question is that
(i)ON wchich amount I have to pay service tax.
(II)On which rate date I have to pay service tax?