I have query that in case in income from other sources head there is bank interest income, fdr interest income and other income(there is no bifercation frome which source other income earned) in income tax computation than which income tax return should filed either itr 1 or itr 2? Pls solve query with reason .

Hello..
I'm using Taxbase software for filing e-tds returns. I've updated all the data i.e. quarterwise challan details etc in Taxbase software. But now what is the next procedure to file return of last quarter of FY 2012-13 by using TAXBASE software.
Pls let me inform in detailed steps, as soon as possible. I'm very much in need of that.
Thank you so much.

Dear Sir/Madam,

Whether total income is after set-off loss and depreciation of previous years or it is before set-off of losses and depreciation of previous year. I hv apply for one of my client lower deduction u/s.197 for F.Y 2013-14 they said applicability of section 115JC but in my case as per normal provision no tax payable cause of set off losses and depreciation of previous year against A.Y 2013-14 and A.Y 14-15. so there is no tax payable A.O said the total income before set off losses and depreciation of previous year i guess it is after set off of losses and depr of prv years.

Friends please give your suggestion for CA final group 2 reference books concept wise for easy understanding

also author + Publishers names

please give me..

Thanks in advance

If the invoice provided by the cab operator is silent about the abated value, and if service receiver remit 100% of the service tax on reverse charge basis, can the service receiver avail input credit?

I HAVE RECEIVED A NOTICE FROM INCOME TAX OFFICER (TDS) FOR INTIMATION OF NON FILLING OF E- TDS QUARTERLY STATEMENT BUT I HAVE NO ANY RECORD FOR FILLING OF E-TDS QUARTERLY STATEMENT. HOW CAN BE RECEIVED ANY RECORD FROM ANY SOURCES I.E INCOME TAX SITE ETC.?
PLZ SUGGEST ME

If assesse 's gross receipt in the f.y 2012-13 are 15,00,000 Rs.as on 31st march,2013. So., it is mandatory for him to get registration number of service tax. If he get registration number as on 15.5.2013. So at the time of filling the return he has only required to disclose the receipt of the particular quarter. What about the receipt of last f.y year 2012-13.


Is he liable to pay service tax on last financial year 2012-13 gross receipt also? If yes, then he has mention last year gross receipt in this quarter 's particular return?

Reply as soon as poszible

I am a slaried person and my annual income is Rs. 4.5 lacs on which the TDS is deducted by the employer, but I have earned interest of Rs. 30000 from bank, on which the TDS is not deducted by the bank, now what should I do if I want to pay Income tax on bank interest, and how should I mention it in ITR-1 for assessment year 2013-2014. Under which head I have to deposit the tax which I want to pay on bank interest?

Dear Sir,
I want to confirm that one of my client is running the business of supplying well water.
For that purpose, he has 4-5 trucks of his own. I want to confirm about the depreciation rate, whether it will be 15% or not.

promoters of private company "M" are transferring the business through the sale of their 99.96% shares in the company to another private company namely company "D".the share purchase agreement is made on 31.03.2013. What will be the Cost of Acquisition of the shares which are being transferred ?