Aswin pugalia
31 July 2014 at 16:42

Private company - board meeting

As per section 173 of the companies Act, 2013, a gap of 120 days is permissible in between board meetings.

ABC Pvt Ltd company held its last board meeting on 20th March ,2014. So when is the last day to held the first board meeting for the financial year 2014-15??

Correct me if the last day is not 18th July 2014??

Further i conducted th meeting on 14th July 2014. Is there any violation of the provisions??




Anonymous
31 July 2014 at 16:36

Daily wages which itr to file

Experts,

An individual has income of daily wages, then which ITR will be applicable to him ??

ITR 1 is not applicable to him as he is not employed full time with one employer.


Thanks


raghavendra
31 July 2014 at 16:32

Transfer of articleship

Hi. I have finished 10 months of articelship. Now I want to transfer my articlship to another firm. Can my existing auditor object for the transfer?


kalaivani.c
31 July 2014 at 15:48

Filing of return

sir,
A person having income below 5 lakhs. so he filed return manually. he filed his return on 30.07.2014 without signing his return.but they (officials) filed the return and also issued the acknowledgement for the return. will it create any problem in future.?and also will it create any problem regarding refund?


K S SHARMA

Sir,
I electronically submitted the ITR-4 for A.Y.2012-13.
Now couple of months ago,I got CPC Communication showing wrong Demand outstanding for Rs. 27,740/- for the same A.Y.2012-13 while ITR-V shows Income Tax payable NIL after taking in to account all my incomes and all paid taxes through TDS and paid challans.
The communication received from the CPC, Bangalore is with reference to the intimation under section 245 dated 10.02.2014. In the aforesaid intimation, it is proposed to adjust the refund for A.Y. 2013-14 against a demand of Rs. 27,740/- for A.Y. 2012-13 raised under section 143(1)(a) on 26.04.2013 while there is no refund due in the A.y 2013-14
but demand is wrong and unreasonable Kindly advise how to pursue the case with Assessing officer to quash the same.
K S Sharma



Anonymous
31 July 2014 at 15:43

Hra not considered by employer

HRA Exeption not considered by employer due to delay in submission of rent receipt.While filling return i am claiming the same.
What income should i write while filling ITR-1 (in TDS Sch 1 under head) "Income chargeable under head salary".
A) As per Form 16.
B) After considering HRA exemption which i claiming with ITR.


shubham soni

Please give me some practical example relating to revised return u/s 139(5) and rectification of return u/S 154.


B Venkatesh
31 July 2014 at 15:32

Tax u/s111a

whether STCG is taxable@15% flatrate if gross total income is less than RS.200000.

Example:
STCG on which STT paid 20,000
other incomes 50,000

let me know whether he need to pay tax on STCG@15% or exempted because of income is less than RS.2,00,000.



Anonymous

Dear Sir,
I am an individual & use ITR 1 (SAHAJ). I have following queries:-
1) Last year in 2013-14, I have taken Personal Loan for Rs. 75000/- from Bank. I want to know the implication of the loan in ITR. Please suggest will it be shown in ITR, if yes, How ?

2). In Last year 2013-14, I have financed Bike from Bank. Please suggest of its implication, if any, in ITR ?

Your suggestion is most important.

Thanking You


Sopan Dattatray Pingale
31 July 2014 at 15:23

Sales tax

Sir,

My Client is proprietor & filing sales tax return qty.Turnover-60 lakh

1] sir there are J1 J2 are compulsory for qty vat return

2]how inter urd sale in J1


please reply






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