It seems in situations where a loss figure is posted and books of account are not kept, CPC has termed the Return as defective vide error code 14 and 23.
Since it is not known how to rectify the defect pointed out by authorities, will it be in order to revise the return in ITR2 which may also have the impact of changing total income?
Can revised return, modifying total income be filed in response to Notice u/s 139(9)? Please suggest.

I registered for only Group 1 of IPCC in July 2012 and i was to give my exams in may 2013 but due to some unavoidable reasons i was not able to appear for the exams.Now am looking forward to give both groups of IPCC.If i register for Group 2 now,would i be eligible to attempt it in Nov'2013.Is there any restriction that you cant give your Group 2 exams before 9 months of study?

How to file complaint against CA i.e. employer by artticled assistant ? specially located in mumbai region ??

Dear Friends,

Could anyone, Please suggest about the compliance procedure in relation to Haryana Vat Process..

Thanks,

Dear Experts,

I would really seek a help in a situation
where we are into IT business as a service provider exclusively and wishing to Import some Furnitur to our state as well as some Material from Delhi NCR like Noida and Delhi and should we require to issue any form / Declation for entry tax to Haryana Territory???

Please suggest yore recommendations..

Hi,
sir i want to know whether i can complete my internship in an australian firm .

I m having 'individual' status. while preparing my income tax return I have disclosed my assets after deducting depreciation (on the basis of useful life)

My question is that can I create 'Depreciation reserve fund' in my balance sheet even if I m an individual.

Dear Sir,
A partnership firm engaged in business of Bricks manufacturing. And the annual turnover would be around 60 lacs.

Suppose above said firm pays professional fee to lawyer. Then whether the firm is liable to obtain service tax registration as service recipient and pay service tax under reverse charge mechanism as a business entity?

Please clarify.

if f.y. 11-12 building purchase 10lakh and may 2012 subsidy 8 lakh received then depreciation charge will be....

WE have received a communication from CPC ( Income tax) under section 139(9) . in this communication it is mentioned that part A P & L have not filed . we have filed a return in which there is no element in profit and loss a\c as the commercial production of the company is not started . Because the company is in construction stage . All the expenditure are of the preoperative nature and hence capitalised . so please suggest me how to reply to cpc .

my mail id is khatri.khatri620@gmail.com
CA BHARAT KHATRI