ravi
This Query has 1 replies

This Query has 1 replies

23 March 2013 at 13:15

Income tax return

Respected sir,i am self emloyed businessman .I have retail kirana shop.My annual income is aproximetly Rs.2,40,000/-from last 2 years,but i never filled my it returns. Now i wishes to purchase home & when i aproches bank for home loan they demand IT return of last 3 years,audited balanse sheet and assessment order .I know about it returns & b/s audit ,but im confuse about assessment order,what is it?.Is it intimation u/s 143(1)or anything else?.how can i get it? please sir guide about it .THANK YOU !


jasmin nirmal
This Query has 1 replies

This Query has 1 replies

Sir,

My query is below:

I have filed the ITR 4 for the A.Y. 2011-12 (F.Y. 2010-11),
--books of accounts were maintained
--Audit report has been got from CA as it is auditable

I have filed itr 4 with DSC (ONLINE)

now my question is
1) whether i have to file audit report or not & or our CA has to do same???

2)After online filed ITR 4 , whether i have to send the same in physically documents to IT OFFICE or not???



Anonymous
This Query has 2 replies

This Query has 2 replies

22 March 2013 at 11:07

Filing it return without pan no.

There is a partnership firm which is not registered and also does not have have PAN No. Duration of partnership firm is 1 month which was completed already. Is it compulsory to file return? If ,yes then way to file return without PAN No.?



Anonymous
This Query has 4 replies

This Query has 4 replies

21 March 2013 at 16:06

80c

L.I.C Paid by Mother for children who are not dependent upon her can get exemption to mother under 80C



Anonymous
This Query has 2 replies

This Query has 2 replies

19 March 2013 at 22:24

Gift gold

I m married lady....in1988 my mother bought gold jewellery 500gms of bill no 145 and amt paid rs 15200/-..she is giving gift to me now..as i m blood relation i dont have to pay tax...as she is under wealth tax catogary she had not paid wealth tax...now any procedure i have to do??



Anonymous
This Query has 1 replies

This Query has 1 replies

I am a accountant and provide accounting services to few of my clients.

I have recently (1 month) started these service and has not registerd my firm till now.

My purpose to open bank account to collect payments from clients and not to register the firm or under any act such as service tax untill I come under any laws.

1. Income tax law - Till I am under tax excempt limit, I need not to apply pan else I need to file yearly return.
2. Service Tax law - Till I am under exempt taxable turn over limit, I need not to register for service tax.
3. What I tried is registration of SSI but they asking bribe to register the firm and at this moment of time I could not afford it for this new start-up.
4. Labour law have official Rs. 250 minimum fee + Bribe, if they ask for.

What are other ways and possibly cheapest way to open bank account for collecting amount from client into bank?


Avijit Singha
This Query has 1 replies

This Query has 1 replies

Sir a LIC agent did not filed his return for the assessment year 2011-12, but now he wants to filed his return for that particular year. Please tell me whether it is it possible or not? He actually has more than Rs. 10000 as a claimable amount for that year.



Anonymous
This Query has 1 replies

This Query has 1 replies

16 March 2013 at 11:22

Tds

I am a Accountant, in an organisation. i have deducted tds (salary, rent, professional services, advertisement) from 1.4.12 to 15.3.13 total around rs.150000. but not remitted the same to govt. now how can i proceed, what are the penalties i have to pay ? please help me,.



Anonymous
This Query has 1 replies

This Query has 1 replies

15 March 2013 at 23:34

Itr return for the a.y.2011-12

Can a Salaried person who does not have tax liability of other than Short Term Capital Gain of Rs.292/- and long term capital loss of rs. 2435/- from listed shares of stock exchanges can file the return on 31-03-2013 without any penalty on late filing return. Pls. explain in breif. Thanks in advance


Anuj modi
This Query has 4 replies

This Query has 4 replies

15 March 2013 at 15:45

80c

For Claiming Deduction under 80C by H.U.F what requirement has to be fullfilled as per Income Tax Act.






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query