Hi ,

I was working in US for the period of 5 months.I paid the taxes over there for the salary I earned there.When I came back my employer asked me to pay the advance tax on the US income in India before march.I payed the advance tax via challan in India as well.

Can you please tell me as to when I file the tax IT return in India , how should I show this income while filling.Do I again need to include US income while calculating the full tax in India?

I am Working as Senior Accountant in a CA Firm for last 2yrs,
Can Experience Certificate from C.A. Firm is Eligible. I want appear for Dec -2013
ICWA Final

A partnership firm having a turnover of Rs 70 lakhs during Financial Year ended 31.3.2013 records a loss of 5 Lakhs.As per partnership deed no amount is payable to partners as salary, interest or commission for that year. Whether the firm is liable to get its accounts audited under Section 44AD of the Income Tax Act.

How to prepare mis report for anaccounting department

HI,
Sir, This Is Raj, i am worked 7months in Software solution pvt ltd and after that i joined in WIPRo ,
First Company deducted TDS 32000, In WIPRo My 3months salary was 70000 no tds deducted.
So Please Guide me can i file my return with out consedering Wipro Salry?
If Am Consedered Means am geting Liability otherwise Getting refun.....plz tell me

I received arrear salary for past 10 years.

Now, TDS have been deducted without giving relief.

I have calculated relief u/s 89. Now, which ITR should i file and is their any need to file 10E?
Also if i am filing online return then how can i file 10E?

Dear Expert,

I filed return for AY 2012-13 accurately. TDS deducted from salary was also shown properly as per form 16 as well as form 26AS (both matched).
Now I have received intimation u/s 143(1) wherein the income tax authorities have taken some other figure of tax credit i.e TDS from salary.
I want to fill online rectification u/s 154. there are 3 options viz.
a) tax payer is correcting data for tax credit mismatch only
b) tax payer is correcting the data in rectification
c) no further data correction required. Reprocess the case

Please tell in which category should i file the online rectification.

thanks and regards

Whether 234b & c is applicable to long term capital gain tax ..
For e.g sale agreement date 19/7/12 but final installment is recd in 12/3/13.... and hence self assessment tax is paid on 15/3/13.... reply pls m waiting.... or mail me at nav.soni14@gmail.com

Sir,

I have a query regarding the books maintained by some clients

Can employees salary be paid out of OD??

Can personal expense of the directors should be entertained from companies bank account??

And that too when the book indicates huge profits being earned by the company with continuous growth in their turnover??

Sir plz reply to my query as early as possible.

Regards

A person collects VAT on sale of SIM CArds till 2006 March, based on Kerala High Court Judgement. Later Supreme Court in BSNL remands the issue to the assessing authority. Later Supreme Court in Idea cellular Ltd confirms that SIM CARD is only liable for service tax and not liable for VAT. Accordingly the person remits service tax for the period till 2006.
In this circumstance should the VAT collected be forfeited?