Hello Sir,
One of client has received an income tax refund for the year FY 2009-10 with interest.
They had made provision for the same year in their books of accounts and also TDS & TCS receivable and Advance Tax for FY 2009-10.

What would be the journal entry for the same for its adjustment???
Please reply as soon as possible.

If House is Let-out for 22 months on a rent of 12,000/- per month & as per rent agreement full Rent is received in one payment by cheque of INR 2,64,000/-then,

can tenant Deduct TDS u/s 194I ???
as limit of 1,80,000/- is crossing.

because full Rent is received in FY 2014-15

but this full rent received also includes the rent of next FY 2015-16

and there is no other source of income for Landlord except this rent income.

please suggest Experts

thanks in advance to all. :)

If their is any justified decision taken by the supreme court against 54F exemption claimed but failed to deposited into capital Gain Account Scheme before furning return 139(1) by the assessee. Any case is their

Hello
I am a retired banker from Union bank of India having pension.
I am no longer an active employee from past 11 years.
While filling my ITR I choose government as my employer category wheareas later I came to know that it should be Others as I am no longer working with the bank.
So now what should I do whether to refile my ITR under revised category or to leave it as it is?
I have already received my ack no.
Please guide..

Hi

Based on what rules, we have to file excise returns ER-5, and ER-7.

If it is not based on rules, what it makes to file us these returns.

General Penalty will be applicable in respect of non compliance of filing these returns or not.

Dear sir, it is mandatory to open separate account for issuance of shares to its existing shareholders.

Dear All,

I have one query on following issues :

Construction company / builders having unsold units of flats which are to be sold.

In these case whether such builder is liable to pay tax on income under the head HP on unsod units under deeming provision.

Please provide the supporting if possible.

Regards
Dayanand

We are the Pvt Ltd Company and we are getting house keeping service from one agency (Sole proprietor).

As per the ST reverse charge rules, the agency charging 25% of the Service Tax (3.09%)in their invoice, and the agency is requesting us to pay remaining 75% of ST (9.27%)to the dept.

My question here is. We are not registered under service tax, because it is not applicable for our business, still is it necessary to pay 75% of Service tax? how can we pay the Service tax, when it is not applicable for us.? please help me.

Dear All,

I am a qualified cost accountant having 4 years of experience in costing.
I am working with MNC in Pune.
But now i want to work in Accounts/Finance.

So if anybody have requirement then plz let me know.

Mailid- prashantage@gmail.com

My mom received a Salary 1,80,000 (in cash) during the FY 13-14 from employer.
Employer has not deducted any TDS from her salary. Employer issued salary certificate only .
My mom has invested some amount in share market in March 2014. (ie. near about 20,000/-)
I want to file income tax return online please guide me following.
Which form to be used ?
Where I have to show share market amount and its nominal profit (ie. near about Rs. 500/-) ?
She have received nominal interest from saving account ?
I want to file nil return.
Please guide me.