SIR,

MY CLINET HAS FILED RETURN OF A.Y. 08-09 ON 18TH MARCH 2009. CAN HIS RETURN BE REVISED NOW?

In our company we didnt claimed cenvat on service tax of earlier, due to lack of knowledge on our part, Now we are taking the cenvat credit for last 3 years and it amounts to about Rs 5 Crs (our yearly turnover is Rs2500 crs, profit/loss is Rs 11 Crs, hence material).

My Query is how to show in P&L.
As a prior period item or as a exceptional item.
Also do we have to add a explanation for the same

For eg say: we have deposited the tax of rs.2 lacs out of the 5 lacs of self assessment tax and we deposited the remaining 3 lacs after december with interest of say rs.10000/-.My question is how the interest part will be treated in the books?will it be treated as an expense or not?if yes or no then why? please clarify.

I am a 20 years old self employed.

If I pay health insurance premium of Rs. 20000.00 for my parents who are 45 years of age, will it quality for deduction u/s 80D over and above Rs. 15000.00 that I pay for self.

My parents are financially not dependent on me.

Please advice,

dear all,

i am working as article assistant and completed 15 months. i will appear for pcc in nov 09. my query is can i take transfer within the city after pcc.

please answer me.

Dear sir/madam,

I need bit help from you to take a decision for what should i go for . i have just completed PGDBA Finance from Symbiosys , currently working with Idea Cellular Ltd as accounts executive .Plz tell me which study io should go for ? as the package is not quite good & the economic condition is also not so favourable so taking all this as main factor plz guide me what would be best for me. waiting for ur reply

Hello,
I am Tejas Lakhani and article assistant.
I am soon going to be 18 years old.
I want to know that which kind of other business activity I can do?
And I can file my returns with commission income?
Can I become a partner of Partnership Firm after 18 years without leaving articleship.
Etc.

Hi, Income Tax is new to me. My org has deducted TDS@ 10.3% for the last financial year,ie 2008-09 fro providing professional services as i am an contract employee. Now i want to file return. I have no idea about what are the rules/ regulations available for Income tax and how i can claim it back. I ll be gratefull if anyone can guide me on this. thanks in advance...

Hi All,

Can anyone help me about details below:-

Suppose I have received 10pcs exisable goods with Excise Invoice. And then as QC dept rejected 2pcs of that were retrned back. Question is proporsonet excise duty will charge or full amount of duty reverse to party? Please help me at koushik_159753@yahoo.com

With thanks

Koushik

HI ALL!
PLEASE TELL ME WHAT IS THE FORMAT OF AUDIT WORK DIARY?SO, THAT I CAN MAINTAIN IT N TIME.
THANX IN ADVANCE PLZ DO MAKE A QUICK REPLY.
REGARDS ,
MUNISH.