In A.Y.2013, I had given some amount to my wife for investment, but she did not invest & just kept in Bank FD & earned some interest. She is a housewife & has no income. Before the year end she gave me back the whole amount.

Now, in my IT return along with my income, I had added the income received by my wife as bank interest in my income, but I have not done any bifurcation that this is my income & this is my wife's income, but I had showed honestly what income I had received. I did not have any tax liability to pay.

I have not hidden anything. Now my A.Y.2013 ITR is not processed yet. It just shows as ITR received. It's 12 months now & not processed.

Could this be reason for delay in processing?

Please let me know in detail. Thank you.

hello friends my ca ipcc exam is on Nov 2014.. im confused with books to be followed for: 1.Accounting standard 2.Auditing Standard 3.Law Ethics and communication 4.cost accounting & Financial Management please friends suggest me what do. Thanks your friend

My return for A.Y.2013 has not been processed. The status shows as ITR Received. I have filed it in June, 2013, but so far it has not been processed. I have no tax to pay or no refund to claim. I have just investment income only. While rang customer care, they asked to wait. While I asked if there was any error, they said, NO & if there was any error, I would have been communicated by now.

I have also filed the return for the AY 2014 [ for 01/04/2013 to 31/03/2014 ] & for which now the status also shows the same ITR Received.

There is a very minor TDS cut of Rs.7 in AY 2013, which I have forgot to claim & I do not want to claim it. TDS cut was of bank deposit interest.

I have two small queries & would be grateful, if someone can reply to it.

1. Could there be any query or scrutiny, as there is a delay in processing? I have shown everything & not hidden anything.

2. Any other reason for delay?

Please let me know your reply. Thank you.

Sir.
I filled a belated return u/s 1394 for A.Y 2013-14. but could have sent acknowledgement receipt to CPC Bangalore. In this situation what would I have to do ? whether I filled return again & send ITR - V to CPC or take print out of already filled return send it again......

We have incorporated the Private company. Is the certificate of commencement is compulsory for Private company?

Dear friends, purchase of plant & mach for rs 5lac and transpot charges 20000, installation chargs 10000 and insurance paid for 1 year, wht is the asset cost and insurance treatment here.

I really want someone to explain how exactly i can compute deferred tax asset(DTA) / deferred tax liability (DTL). what I want is, if someone can exactly tell me that these specific things are to be added, and that these a b c x y z specific things are to be deducted while computing DTA and DTL. I require this urgently. please help me out.

Dear experts,

A Company has 3 bills of forwarding charges from ABC & Co for Rs. 10000 in April-13, for Rs.30000 in may-13 and in march-14 for Rs. 10000. Whether should i deduct TDS ? If yes how should i deduct ?

Please suggest me ASAP.

reg tds intimation for int on late deduction sum of Rs.282/-.My question is whether i paid only tds int through bank or make correction statement..if yes then how will i make correction statement..its urgent plz explain me experts

Respected Sir /Madam,
I would like to take admission in MBA in regular university course and also M.COM from Yashwantrao Chavan Maharashtra open university and I have started my articleship since august 2013. My Question whether i can pursue both course along with c.a ?