Dear Sir

I have sold a agricultural land for Rs.1.5 Lac. Is this 1.5 Lac is to be added to my income while filing the income tax return.

Need your opinion.

Regards
Satish Kumar

Please solve this problem:

A ltd sold goods to B Ltd for Rs 17000 which includes Excise duty of Rs. 10000.

i.e Rs. 7000 cost of Goods and Rs. 10000 Excise Duty.

How can it be possible....? Can Excise Duty be equal to or above the cost of manufacture the Goods?

If yes what will be the implecation in this situation ?

Please solve the problem.

-CS Birendra Kumar

A person has received letter from compliance cell of Income Tax Department for non filing of Income Tax Returns for AY 2010-11 & 2011-12. He has income from salaries (7 lacs) only and TDS has been deducted on the salary amount.

Now what could be the further course of action?

What reply should be submitted for this letter?

What are the consequences of this?

Thanks in advances
Ravi

Dear expert,
we have wrongly credit taken on additional duty of custom u/s 3(5) in service tax liability for last two years. now we want to reverse the credit already taken by paying the amount. whether there is penalty liability also arise for wrongly credit taken.

Good morning experts,

Our CHA has paid 'detention charges' Rs. 40917, 'in haulage charges' Rs. 22824 on our behalf. & Issue the debit notes for the same by Rs. 40920 & Rs. 22825. Also issue separate for their Agency charges etc. for Rs. 8500.

My query is :-
1) On which amount we have to deduct TDS?
2) Should we deduct TDS on whole debit notes & invoice amount because of profit element on reimbursement by Rs. 3 & 1
3) What we do on actual basis?

Please advise.

I HAVE COMPLETED CA IPCC BOTH GROUPS AND I AM GOING TO REGISTER FOR CMA(ICWA) INTER. WHAT ARE ALL THE PROCEDURES I HAVE TO FOLLOW BEFORE I WRITE EXAM.

i am pursuing bcom open from ku. in feb 2013 i got registerd as article but submited form for corspendence course in april 2013.
now institute is asking for clarifiction for late submission and 1 year late dislosure about correspondance course.
and also i got registerd for cs executive but i am concerned whether my registration for execuitve will got cancel??
and what i can do for my bcom explaination???

Sir,

i want to know that is it compulsory to join new firm within 30 days after taking transfer
from previous firm.

Sir

Please tell me why & when Standard Deduction is applicable and on which amount it is applicable , also tell me for company and individual rate of standard deduction will be different ?.

Thanks & Rgds

Mukesh Kumar

i have upload all details in traces site to get form 16
but while getting this form there is query that it is NOT AVAILABLE for Q1.
for same i have upload tds return in time and uploading the return their is no query regarding return.
i have already e mail the query but not received any reply.
so please help for getting form 16 from traces