Dear Sir

A private limited having paid up capital of Rs.10 Lacs in which Rs.9.90 Lacs held by NRI. in this case the said company whether required to file Return on Foreign Assets & Liabilities is necessary with RBI?

sir
i forget deposit my advance tax for assessment year 2013-14 & lasth date of filng income tax return 31 july 2013. what can i do for this.
plz suggest me
can i deposit my advance tax before 31 july 2013 & file itr

Dear Expert,

We are a trading firm in Thane not registered in excise. There is an export order we need to fulfill and we are sourcing from a local manufacturer in Mumbai who is excise registered. Kindly advise us on the procedure for excise and sales tax waiver. Also whether RCMC is mandatory. Thank you.

While making correction return of Quarter 1 FY 2012-13 i got the error as "T-FV-3158 Invalid Value 'Fee'"

Please let me know how to solve the same.

Thanks & Regards

Shams Khan

Dear Friends i have a query regarding effect as per income tax on NON filling of Income Tax return in following case

X Pvt. Ltd has been dissolved wef 12/07/2012. but company has closed its operation before 31.03.2012 and there was no any assets and liability (except shareholder`s initial capital)on balance sheet date. the company did not file his return of income for the financial year 2012-13 (Closure year). Now a notice received form income tax department for asking a reason for non filling of income tax return.

Please tell me what type of penalty can be imposed on assessee.

HI EVERYONE ... i HAVE TWO DEPENDANT SISTERS . I HAVE PAID LIC PREMIUM ON THEIR NAMES AND THEIR TUTIONS FEES. CAN I TAKE EXEMPTION UNDER SEC 80C.

Dear experts,
Greetings of the Day!
Please guide on the following matter-
A Ltd. hires a transporter(Ltd. co.) for transportation of materials in or outside the factory and the transporter adds service tax in his bill raised on A Ltd.
Now A Ltd. again books Service tax liability @ 3.09% on total bill amount i.e. (freight+ST charged by transporter @ 3.09%) considering its liability under Reverse charge.
Is it a correct practice followed by A Ltd. and If not, Now what could be done in this regard as co. is under statutory audit.
what would be the case if transporter is an INDIVIDUAL?
Please reply as soon as

Hi Everybody

I want clarification regarding appointment of Internal Auditor.The Situation is as below.

Mr.V is a Statutory auditor of M/s.XYZ P.Ltd has Appointed as Internal Auditor of M/s.ABC P.Ltd which is not either Holding Company or Subsidiary of M/s.XYZ P.Ltd but the Management of both the companies are Same.whether appointment of Mr.V as Internal Auditor of M/s.ABC P.Ltd is Valid?

sir plzzz tell me that is holding rank in ipcc is really a great improtance if yes can someone get rank in ipcc by giving both group one by onein first attempt

Is GMCS-1 to be mandatorily completed in the first year of articles,if not please provide the details regarding GMCS