CAclubindia

Queries Replied : 23930

In case you are looking for tax compliance or advisory services, you can reach me at canikhilkaushik @ gmail.com

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reshma says : excise
can u pls solve my query After dispatching material to SEZ unit our client sent us ARE1 duly stamped & signed by their custom in sealed cover. Unfortunately these documents mispalced. we have only white & red copy of ARE1 with us duly stamped & signed. Now to submit in our range office we d'nt have 2nd copy i.e. Buff copy of ARE1 with Annx-19. Kindly suggest which procedure to be done.

shivam malhotra says : TDS deducted by Japan entity
Hi Thanks for the early reply. Can you specify the Section/ Circular which states refund cant be taken. As the management is showing the receivable as asset in the books claiming they will take refund . The DTAA with Japan says only of the Credit and not Refund . ( loss making entity --- no certainty of the profits in the near future ) also provide the time limit in which credit should be adjusted. Issues : 1. Circular/ Section saying no refund can be taken. 2. Time limit for which credit can be availed .

aashish says : How to refill itr1 for ay 2014-2015 with remaining
Hello Sir, For AY 2014-2015 I have got the intimation from Income Tax Deptt (0n 26-05-2015) to pay remaining tax.There was some glitch in my last year form 16 and due to that I failed to pay 3000 to Income Tax Dept. Actually my tax was deducted from 3 different TAN nos and I had got only 1 TAN no on my FORM16 and I have putted only one TAN no on ITR1 as well as I paid less 3000 to income tax deptt due to the mistake of clerk. So please guide me how I should proceed to intimate Income Tax Deptt that remaining tax is just 3000 not 12500. My tax liabilities were 44,000 but I paid 41,000 only.41,000 was deducted before March 2014. 1. Please comment do I need to pay any interest on 234B & 234C (returned was filled on 03-07-2014 so no 234a.) for remaining tax? 2. How can I file it online if I am filing through ITR-1 XLS what should be the entry in these fields. (Can it be re-filled "Return filled under section -> 17-revised 139(5)) a. Returned filled under section b. whether original or revised return c. if revised, defective,Modified then enter receipt no d. date of filing original return e. Notice no f. if filled response to a notice u/s 139(9)/142(1)/148/153A/153C enter Thanks in advance for help. Regards, Aashish

Jay Kurani says : Provident Fund
Sir/Madam if employee who is currently drawing salary of Rs. 10000 now salary will be raised to 17000 than also his PF is require to deduct? even if employee doesnt want to deduct it and also ready to self declaration for the non deduction of the same. Please reply as soon as possible.

CA CLA says : Urgent query
Hi.. I see in companies act it is written listed public company... but i assume a listed company will always be a public company . M i right in my assumption?