An Assessee wants to file his return of income for 3 Assessment years namely 2006-07, 2007-08 and 2008-09.
In the A/Ys 2006-07 and 2007-08 the assessee did not possess the PAN card. He had applied for it on 10.02.2008 and received it on 15.03.2008 i.e., he possesses PAn card only for the A/Y2008-09.
The total income of Assessee as per the requirements of sec. 139(1)for different A/Ys is as follows:
A/Y 2006-07 : Rs. 60,000
A/Y2007-08 : Rs. 95,300
A/y2008-09 : Rs.102,000

now my query is "The Assesse wants to file his return of income for awl the three assessment years, what will be the consequences with him? and what should he do for mentioning his PAN no. in d return for A/Y2006-07 and 2007-08?

Who is a Shadow director? What is his role in the company? How is he different from the other directors?

I had a doubt in service tax

question 1.

I made a bill on 12.2.2009 for a value of 1,00,000/= with 12.36 % service tax and I received 50,000 amount before 24.02.2009 and i remit the tax 12.36 % and I received 50,000 on 01.03.2009 how much i have to pay serive tax on the balance amount.

Question 2.

I received advance amount 1,00,000 on 12.02.2009 for which bill not yet raised. During this quarter ended shall i make service tax @ 10.3 %.


question 3.

I billed Rs. 1,00,000 on 10.03.2009 @ 10.3 % service tax for which I received an advance amount Rs. 50,000/= on 12.12.2008 and paid service tax for the said amount @12.36 % on 4.1.2009.
Please clarify how to bill this and what amount i have to pay service tax.

Can anyone please send me the good format of statutory audit report? My mail id is keerthi.br17@gmail.com. Thank you..

what is the procedure to get the residential land registered in the name of temple which is to be constructed by the land owners of that residential land? suggest a remedy that results in least cash outflow? Should it be registered again paying stamp duty? Take into consideration Tax effects and also property registration rules/act. Pl explain in detail. Pl help me out in this issue

Please let me know the threshold limit to be regarded as specified employee for the purpose of Section 17(2)of Rs. 50,000 is per annum or per month. Thank you..

Whether payment made to private travels for car hire charges is in the nature of contract or rent.? I mean to say whether TDS is to deducted u\s 194C or 194I for such payments.?

Thanks in advance..

Dear All,

It is always argued that when a bill/invoice is attached to a cash payment voucher of Rs 5000/- or more , then it is not necessary to affix Revenue Stamp.
Pl clarify whether this is right argument having legal base.

Thanks for your alltime and prompt advices.

Anand

Sir,

Our employee has submitted a mediclaim receipt to claim the income tax benefit.

This policy is in the name of his parents & the policy nowhere mentions the employee's name on it. However, he is claiming that the payment for this policy has been made by him only.

Now, what is the employer's liability in this regard? Can we admit this document as valid for IT relief ?

Reply urgently,

Thanks

Subhash

I m a service provider to a wharehouse where i reimbursed my expenses which i incurred on behalf of my client. my Que is that what JV i pass in my books of accounts.
(1. i had pais salary Rs 250000/- in which Rs. 180000/- should be reimbursed from my client, same repair expenses 145000/- from which 85000/- belongs to client.

2. i raise the bill of my services regarding the above expenses which i have incurred.by charging ser. tax with my service tax.

i m registered in ser tax.