CA. BIJENDER KR. BANSAL's Expert Profile

Queries Replied : 2133

About me

I am qualifed Chartered Accountant having post qualification experinece of more than 10 years and working with a Moulding Company as GM (Finance) having Reputed Vendor like LG/ Samsung/Yamaha/ Maruti/Kent/Honda etc.

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Ashish Kumar Banka says :
I have Fiiled My Return for AY 09-10 By E-filling. In which I Have Shown My Business Income Rs. 99704,Other Income 115582 Deduction 70475 Capital Loss (in share) 187954 Agriculture Income 48000 But Instead Of This Amt. Tax deptt Considered Business Income Rs. 197166 And No declaration Given And Issued Tax Liabilty Of Rs. 9504 And Intt. Of Rs. 2632 So That Total TAx Liability Of Rs. 12136 Have demanded For Deposit Under sec 143 (1) . And Passed The Order On 16-07-2010. Suggest What I have To do. from Where I can Find The Increment Of That Income Considered By The Deptt.

Ashok Bhati says : reply of accounting entry
thank u so much sir

Sharma M says : PAN & Filling Return in India
Hi, We have deducted TDS @20.6% for one of the Singapore entity as per section 195 thinking that company don't have PAN. Now question is they dont have PE in India and they have PAN in India. Can they adjust the TDS with their tax liability? As they have PAN whether they have to file tax return in India and adjust? Please explain.

MANJOT SINGH says : nature of accounts
sales return is which type of account as per icai this is real a/c but caclub experts point of view this is nominal a/c

Rajaram Samantaray says : Sec. 40A 2b
Which transactions are reported in clause 18 of Form-3CD? Whether remuneration paid to Directors are also covered under this section?