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Dvat

yogesh (student) (151 Points)

15 June 2016

sir i have a client who does not have the pan number right now and he wants to carry the business in urgent basis . in that case he wants tot start the business in his brothers name so in that case after 6-7 months he wants to tranfer the business to his own name is this possible in dvat thanks sir

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9 Replies

Gopal singhal (ca) (119 Points)
Replied 15 June 2016

Yes it can be possible. He can start the business in the name of his brother & after obtaining pan no. he can file amendment online in Dvat 07 & submit the hard copy in the deptt

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yogesh (student) (151 Points)
Replied 21 June 2016

when i file the itr on the incometaxefilling.gov.in then there is some problem is happening

sir

can you tell me how much of total income i need to put in the site

if i add 38629 in the total income side column

then the income tax is nil

, there is a refund is also

what can i do sir

Attached File : 891055 20160621102759 vikash nain part a.pdf downloaded: 159 times

CMA Poornima Madhava (CMA) (13112 Points)
Replied 21 June 2016

It is better to refer to Part B of form16 while filing ITR because deductions for the year would not have been taken into account in the column amount paid/credited. Also it is not clear how you got 38629 and other information.

yogesh (student) (151 Points)
Replied 21 June 2016

if i take partb of form 16, so then there is a refund is claim

do you think that is the better me to take

thanks

CMA Poornima Madhava (CMA) (13112 Points)
Replied 21 June 2016

Information that you have given is incomplete to answer your query. One possibility I could think of is perhaps the rebate u/s 87A is not considered in form 16 which is being reflected in ITR.

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yogesh (student) (151 Points)
Replied 21 June 2016

i am going to file dvat04 but we dont have an address proof i.e the office is in the name of owner father and there is no a rent is received

what can i do to make a address proof

yogesh (student) (151 Points)
Replied 21 June 2016

yes you are right

that means the form 16b is wrong

Gopal singhal (ca) (119 Points)
Replied 21 June 2016

For address proof u can take electricity bill or telephone bill in the name of owner's father because his father is the owner of the office & u should also take a noc from the owner