DESAI
13 February 2019 at 12:14

Adjustments u/s 143[1][a]

AY FOR WHICH LOSS IS CLAIMED 2013 = DUE DATE OF FILING OF THE PREVIOUS YEAR RETURN AS PER CPC RECORDS 05TH AUG.2013=AMOUNT OF LOSS PROPOSED TO BE DISALLOWED 8635/-.
NOW THE FACT IS ITR AY 2013-2014 WAS FILED ON 10TH JUNE 2013 AGAINST ACKNOWLEDGEMENT FROM IT OFFICE= MEANS RETURN FILED IN TIME , BEFORE DUE DATE. THUS ABOVE ADJUSTMENT NOT ACCEPTABLE TO ME. HOWEVER THE PORTAL OF REPLY ONLINE IS TIME BARED NOW AND IT OFFICE ADVISED TO FILE REVISE RETURN FOR AY 2018-19 . HERE ALSO NEED NOT TO DO SO AS THE COMMUNICATION U/S 143[1][a] IS INCORRECT. HOWEVER IF I FILE REVISE RETURN [AS ORIGINAL ONE ] THEN UNDER WHICH SECTION , BECAUSE THERE IS NO MENTION OF U/S 143[1][a] IN THE FORM. NOT ONLY THAT WHAT WILL BE THE IMPACT OF IT ON MY RETURN FOR AY 2018-19? NEED GUIDANCE SINCE THERE MAY BE LAST DATE FOR FILING REVISE RETURN ALSO. Please guide / help.


Pramod Dixit
13 February 2019 at 11:06

Outstanding tax demand

While filling ITR for Fy 18-19, i did mistake by entering wrong income, now i got outstanding demand for tax which is actually due to incorrect ITR, what i have to do now, do i have to pay late payment under 234 F, please reply ASAP


Mitali Goyal
13 February 2019 at 06:08

Which teacher for idt?

Is dg is preferable over Vishal bhattad?


Swapnil

Hi ,

I am planning to purchase residential flat on resale basis

please guide me on below

1 - Can i claim Stamp Duty & Registration Charges as deduction from income under income tax act in FY in which it is paid.


2- In future when i sell this residential property , can i claim stamp duty & registration charges as part of cost of acquisition , while calculating capital gains in that FY




Uday Mamidi

My company credited my TDS into the wrong PAN 11 yrs ago and now in the 26 AS form in TRACES the amt is not being reflected.The Govt has levied me more the 200 % as penalty.What is my recourse.


prakash menon

Hi,
Please note that our partnership firm converted to private limited co from September 2018. We got gst registration also. Please let me know whether current stock of partnership can be transfered to private limited co.
Whether any entry to be passed in the books regarding stock of accounts of partnership

Thanks


subhash Rawat
12 February 2019 at 17:58

Sa-320

Actully i am bit confused about perfoming materility while applying materility concept in audit and how does it diffrent from benchmarking concept and let me also know ' with an example ' the way to interconnect with each other's to get a clearity about it. please explain it to me in a best possible way too


suresh kumar
12 February 2019 at 17:25

Accounting entries

Dear all,
factory in Tamilnadu sold goods to Lucknow , now lucknow has returned goods to our own head office in Delhi. In this scenario what is the total accounting procedure to close this issue.


RAHUL YADAV
12 February 2019 at 17:21

E-way bill required

Pls advice, If I have make the DC for JOB work also I have generated E Way bill, so after compilation of Job work Eway bill required ??


narayan jat
12 February 2019 at 16:03

Agreeculture income or business income

A client works to sell green grass. He buys the green grass from his own farm and from other farmers. He sells green grass in cash to locals and Gaushala
My question is that this work will be taxable in the business income in the income tax or agriculture income.
Annual turnover of Rs 25 lakhs






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