Rinso V. Varghese
28 July 2013 at 01:22

Quarterly etds return

Sir,
When I generate quarterly eTDS return as .fvu file under RPU 3.5, an error file is created showing "invalid deductee reference number". What does it mean and how can i rectify this error?



Anonymous
28 July 2013 at 00:35

Capital gains

Q1) Whether return in which there is a capital gain and we are claiming exemption under section 54 & 54EC needs to filed on or before 31st july in case of individual assessee not subject to tax audit??

Q2) Suppose there is a sale of residential property on 21st march 2013 with a long term capital gains of Rs. 8000000/-.Now he has deposited Rs.3300000/- in capital gain account scheme and balance 4700000/- he is suppose to invest in bonds u/s 54 EC which he can invest within 6 months of transfer of property.Since due date of filing of return in31st july and suposse the assessee files the return on 31st july without investing in 54ec since he has 3 months in hand to invest the balance.Then how to show it in the return??

Read more at: https://www.caclubindia.com/experts/ask_query.asp



Anonymous
28 July 2013 at 00:25

Asap

Via what measures a CA final student be able to stay updated with the share market activities & latest updates? As they already remains preoccupied with their studies but on d contrary are keenly interested in share market too!


Ashutosh Kumar Jha
27 July 2013 at 23:05

Return of income

Dear Sir,

I have filled an e-return of AY 2011-12 on 10.03.2013 and claimed a refund of Rs 3097/-.
my file has been trf from CPC to jurisdictional Assessing Officer. As per the AO a manual return has also been filed on 05.03.2013 in respect of my income without claiming any TDS and the manual return has been prcessed and therefore no refund is possibe.Further I dont know that who has file my ratuen of income manually. Please help me.

With Regards
Ashutosh
9534140352



Anonymous

Hi Guys i want to know that it is mandatory to write the unique TDS certificate number on the ITR-4 form in case of e-filling of income tax return..one of my client have issued me the form 16A where Unique certificate no. on the top of certificate is not written. and i have cross checked it with form 26AS and the amount mention in the form 16A is matching with form 26AS. so it is still mandatory to write the unique TDS certificate number or not..???


Ashutosh Kumar Jha
27 July 2013 at 22:59

Return of income (urgent)

Dear Sir/Madam,

I am a small trader deals in agriculture equipment. My turnover in FY 2013-14 is Rs. 63 lacs. My net profit is around 5.5% to 6%. Please guide me properly that can i file my return in ITR-4 without getting my books audited by a CA as my net profit is below 8%.please also tell me that what is the due date of filing of return if i will get my a/cs audited. I have maintain proper books of a/cs.

With Regards
Ashutosh
9534140352


Ashish

A client has bought shares in a private limited company. She is an existing shareholder as well as a director in the company.The board of directors refused to pass a resolution approving the transfer.

What steps ,if any, can she take in the said situation?

Thanks.



Anonymous
27 July 2013 at 22:44

Import license

A person wants to buy import license of Rs. 120 Lacs in the open market to import some raw material. It is available at a premium of 50%. Please let me know whether this pemium is like cost + premium and hence ha has to pay Rs.120+60=180 lacs ,else what he should do


Surender Kumar
27 July 2013 at 22:25

About 80 g(5)

Respected sir/madam
I have donated about 50000 to a NGO which come under section 80G (5) in which section(i.e.80G A/B/C/D) I fill it in my itr 1?
Surender Kumar


Jitender Singh
27 July 2013 at 22:13

Accounting standards

Hello,

My query is:

As per classification for applicability of AS done by ICAI, (Level -I, II and III)

The words used is "ALL NON-CORPORATE ENTITIES" whose turnover exceeds Rs. 50 crore......

I want to know what is the meaning of "NON CORPORATE ENTITIES"?
Does it includes company registered under Companies Act or not?





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