Dear Sir/Madam,

I received notice u/s 139 (9) of Income Tax in respect to defective return. I couldn't respond in stipulated period and the return has been invalidated by Income Tax Department. The reason of defective return is not to paid tax. This case pertaining to FY 2015-2016.

Now, I would like to know whether I have to file fresh return or return will be revised? As I have note deposited tax, Interest will be paid on the tax. How the interest or any other penalty be calculated?

Regards

Shoeb

is RCM applicable for services taken from senior advocate of Delhi and I am registered dealer in Gujarat. He raised bill of Rs.75000/-

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Dear Sir, Whether VAT on Fixed Asset(Truck purchase for delivery of Goods) total credit available in the same year in which asset is purchase in MVAT Act?

Read more at: https://www.caclubindia.com/experts/credit-of-vat-on-fixed-asset-995295.asp#

hi,every can any one suggest me about following issue,

one of the company is opening a branch in secunderabad and it took a premises on rent and its changing interior of such premises as per its requirement and adding all cost to deemed building
issue is ,it ordered furniture for installation in its office but it received early so it took a go down for rent to store such furniture till it can install in its premises can the rental charges paid be added to cost of deemed building?
what if that company is not treating the entire cost as deemed building but accounting each and every installation as separate asset,can we add rental expenses to cost of furniture?
if not how to account such rent?

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