I have made investment in F.D for claiming deduction u/s 80C on 18.03.2016 but due to some problem bank made FDR on 1.04.2016 although the debit in the account was on 18.03.2016 and it is duly reflecting in the statement. So please suggest me can I claim 80C deduction when amount debited in my account on 18.03.2016 but FDR was made on 1.04.2016

we have received notice u/s 139(9) 3 times by the way of email and the period of 15 days has been expired after last notice, now the return for A.Y.2015-16 has declared as defective , so what will the next procedure for it ?, can we revised the return ? under which section ?

Is there any rule regarding allotment of share in business pvt co. having only 2 person as a partner and the director

I have a query as to when a Bill should be recorded in the Books of Accounts.

Example:
Bill Received on 01/12/2016
Bill approved by CFO on 01/01/2017
Payment made on 01/02/2017.

deposit in the nature of colorable device means

I've received a commission & brokerage bill which inclusive of VAT. So whether TDS has to be deducted on the total amount or first VAT has to be excluded and TDS is to be deducted on the amount excluding VAT?? Please rever ASAP. Thanks.

Hello All
I want your guidance in regards to the capital gain scheme account.
My client has deposited a amount of his capital gain on sale of property in the capital gain scheme account for 1 year for taking exemption u/s 54 on 31.7.16. and he sold the property in Feb16.
But he is not able to take other residential property within 1 year from the date of sale , can he extend time of the FD done in the capital gain scheme to another 1 yr?
What will be shown in the return for the assessment year 2017-18?
Pl advise.
Regards

Hi all,

Can someone clarify me on the below mentioned

we have got the name approval for a private ltd company and while applying INC-1, we have mentioned promoter directors as TWO. Now we wanted to include one more individual as first director and subscriber. Can we include his name as first director ans subscriber, if Yes, pls help me on filling Form Spice 33 & 34. Can we name all three as first directors in point No.58 of Form Spice-34 and as subscribers in Forms Spice 33 & 34

Kindly clarify me on this.

Thanx in advance


Adisheshulu Dasari

I wanted to knw that can a CA practise in his own name as a proprietor and also practise in partnership firm as a partner simultaneously?

Dear Experts,

We have received Notice U/s 210 for Non Payment of Advance Tax as compared to December 2015 Quarter.

Can any one please share letter format for reply to income tax department for the Notice.

Thanks in Advance.