Anonymous
12 February 2017 at 13:48

Er1 january 17

Dear sir We are filling ER1 for the month of January 17 but rejecting with remarks that CETSH number you have entered is not correct or not available for this period. This problem is with many companies. Please suggest. Suresh Jain


Rajesh2345
12 February 2017 at 12:54

Itr form query.

Hello experts,
I have one query regarding ITR form for file a return.
my wife earns private tution income then whether form need to be filled is ITR1 or ITR 4 ?

under what head that income need to be declared ? is it Income from salary or Income from other sources ?
she also earns FD and saving bank interest and that income will go under income from other sources.

Thank you.



Anonymous

Pl explain with accounting entry,how to Zero value asset capitalised received from one branch.w


Prashant Aggarwal

how much cash in hand i can show in my balance sheet of proprietership firm without facing any problem at the time of audit and etc


Suman Gupta
12 February 2017 at 12:20

Remuneration to directors

If there is no turnover or very less turnover in a private limited company then it can give remuneration to its directors or not.


Tajinder
12 February 2017 at 12:02

Reg tin no

dealing in tax paid and tax free items for sale is there any requirment to obtain Tin no clarify plz,also about turnover tax


Disha
12 February 2017 at 11:32

Form 112

Do i have to sumbit form 112 if i join mcom (Distance) from Mumbai University in my 2nd year of Articlshp


SANJAY GARG

HELLO KYA EK MANPOWER SUPPLIER JO PLACEMENT KARWATA HAI PRIVATE AGENCIES , EDUCATIONAL INSTITUTES LIKE SCHOOL COLLEGES , PRIVATE COACHING INSTITUTES ETC IS REQUIRED TO FULLFILL EPF REQ IF YES THEN WHAT ARE THE IMPLICATIONS AND IF NO THEN WHY PLS REPLY SOON ITS URGENT


Shiva Bhardwaj
12 February 2017 at 11:11

Taxation of society

NOTE FOR OPINION DETAILS OF THE SOCIETY
It is a society registered in 1996 under the Socities Registration Act, 1860.
The Trust is managed by Trustee under supervision of President etc .
It receives following income :
1)Donations from Peoples on Various Functions (Likje Basant Panchmi, Namdev Jayanti) which are credited to P/L account.
2)Bank Interest on Bank Saving Account is credited to P/L account
3) The Society also receives Grants from Ministries for specified Projects. The same are shown in Liability side. The expenses incurred for the Project are debited to Grant account. The excess expenditure incurred by us for the Project over and above the grant amount are debited to P/L account as our contribution.
The above Society is not registered u/s 11, 12 of the Income Tax Act and has never filed its Return of Income, nor deducted any TDS till date. It doesnot have any PAN Number.
QUERIES FOR OPINION
The Society wants to regularize the matter and your expert opinion is sought on the following matters.
1)Whether it would be assessable as AOP .
2)Whether its Taxable Income would be Net Profit/Loss as per P/L account or Gross receipts as per P/L would be the Taxable Income.
3)Whether Grants received would form part of Turnover for purposes of 44AB.
4)Whether Grants Received for Building FUnd credited to Capital Fund in B/S would also be included in Taxable income
5) What is the best alternative and what can be the worst consequences in the above circumstances.


kartik
12 February 2017 at 11:08

mother

my mother is a housewife in a past his father was given a cash to her and my father is also given a cash.ammount arround 5 to 7 lac. how to saw this amount in income tax return file this year? this amount her or my father. this intery before 9 November in bank





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