Dear Sir,
one of my friend receive notice of AIR, as he made a transaction of rs. 10 lk in saving bank account in f.y.10-11.
all transaction related to his business (bangle and ladies purse retailer at footpath). All transaction is between rs. 25000-45000. he is from bhopal and use to visit delhi for business purpose. He deposit cash here and withdraw there.
How he respond to such notice?. No accounts maintained, no itr filed by him.

I am Second year article and my parents are retiered and we are shifting from belgaum to pune. What evidence do i have to submit to the institute as i need prior approval for transfer. Can anyone help me

Dear Sir,

I have Received C form from for the year 2007-08 Kerala Party Valid upto 30 sept 2008. I have misplaced the same in the year 2007-08. now ACCT called for audit for the year 2007-08. but my kerala party sent Xerox copy of c form counterfoil for my record.

1.what is the next procedure if I cant get the c form?
2. if I got misplaced c form ?

If an individual receives rent from his immovable property as Rs 5,40,000 per annum and Rs 32,16,000 per annum totalling to Rs 37,56,000 per annum:-

1. Does he have to pay Service Tax separately or together for both the Rents received ??
2. Can you please let us know how much Service tax needs to be paid for the entire year (or every quarter) along with the calculation ?
3. Can we deduct Property Tax as a deduction while calculating Service Tax? if yes, the amount of property tax would be of the previous year or the present year?


Regards

if a principal has 12 articles under him(i.e. max limit) can he take additional article under secondment scheme... recently introduced by icai... because there is no such MAX secondment limit given?

Whether CA can be shareholder of Pvt. Ltd. Co.
Purchase of shares is purchase of ownership. So, whether it would be considered as running business in the eyes of ICAI.

Pls. anyone guide me in this matter.

Thanx

Our assessee is a doctor employed by assessee on salary basis.
But hospital is deducting and depositing tds u/s 194J.
My question whether we have to show income as salary or we have to prepare books bs & pl and file ITR-4,
if yes then how can i prepare as our assessee is having only salary income.

Please guide for house rent exemption & what are the limit and conditions

thanks

Recently notice was received
that AS PER AIR investment of 100000 [1 Lac] was made during FY 006-07 AY 2007-08 for purchase of units or acquiring shares
Income Tax deptt wants to know if the information is correct?
And has asked to submit Bank Acctt statement
And Copy of Income Tax Return

1.I do not have taxable income so I do not submitt Tax Return, WHAT TO DO?
2.Presently I am out of town So I need more time to reply the notice,
HOW CAN I GET MORE TIME??

Can CENVAT CREDIT be taken for Service tax paid for the construction of FActory Building where the product which is getting manufactured is excisable.