Asst Year 2004-05 Loss determined u/s 143(3) Rs.2,40,000/-,A.Y,2005-06 Loss Rs.5,000/- u/s 143(1)(a).During A.Y,2006-07 Return filed showing Income Of Rs.8,000/-.Assessee failed to mention carry forward loss in A.Y.2006-07.Scrutiny Completed in the month of Dec 2008 with Income of Rs.2,10,000/-.carry forward of loss denied by A O on the ground that it is not mentioned in I T Return.During A Y 2007-08,A.Y.2008-09 above loss has been mentioned.A O insisting to pay taxes on the ground that it is not mentioned in the Return filed.Is the A O Correct?

Dear all,

We have reimbursed a sum of Rs.1,35,00 to one of our employees for notice period pay to his previous employer. Does this attract FBT , if so what is the percentage? Does it become Income for the purpose of calculation of tax for the employee?

Hi,

Whether TDS is liable to deduct on Salary and Commission paid to the directors.

Amrendra

Hi,

Can Audited Balance Sheet and Tax Audit report be revised and schdule of tax audit report may be signed again by the auditor?


Amrendra

Dear All,

Please let me know that even if I not done my GMCS COURSE, will be eligible for campus programme.

As one of the condition for the campus programme is that your GMCS Shall be complete before 31 march 2009.

Please let me know thw consequences for the same as I am in planning to do my GMCS after six month.

Waiting for your reply

Thanking You

Regards

Rakesh Sharma

Dear sirs,

Are CST applicable on Freight charges which charged by supplier in their Tax Invoice. If applicable then kindly give the rules copy.

Thanking you

Mr A has purchased assets for his business and later on he sold the assestto Mr B.Later on Mr A reaquires the same asset on hire purchase ? my query is that who will claim depriciation and what will be the cost

Explain the above in relation to explanation 4 and 4a to Sec43

is it required to file return if any assesse income is below the limit?

if any assesse file return for first time at the age 26(Suppose) what r the document does he required to submit along with history sheet?

how many rs stamp require to creat huf
reply as fast as


my also a question that it is necesasary for stamping of rs 100 or only for bank purpose

Dear sirs/Madams,

I am receiving ice creams from Banglore through bus transport along with sales invoice by paying CST and all.
I am selling those ice creams in chennai schools as a sole trader by opening stalls and my turnover will be around Rs. 3 Lakhs per annum. And I am not going to make any sales out side Tamilnadu.
My Queries are...
1) Do I require to register under TN VAT? (My turnover is less than Rs. 3 Lakhs p.a.)
2) Do I require to register under CST? (I am not going to make any sales outside Tamilnadu)
3) If I am not require to register under both TN VAT & CST, Do I require to get municipal license to sell the ice creams in schools?

Please guide me accordingly...?

Thanks in advance

Chandra Sekhar.D