hetalsangoi
17 August 2012 at 09:02
what are the column are required to stock report which is the include the title of the product with costing with qty , what r the cloumns are require to corporate?
when an auditor audit the stock report issue by the mgt ,how to audit this sheet from the audit point of view?
If I am unable to show the source of Income to ITO what happened ?
shanthi
16 August 2012 at 15:16
I had purchased Kisan Vikas Patra in the year 1995 and after few years certificate had been seized by IT Deparment and kvp certificates was held in their custody till 2011. Now when i asked Post Office Department for encashment of certificates they are only providing for 5 and half years and after that they wont be giving as it was not renewed.
Here i had a query that since it was seized by it department certificate was blocked and it could not be renewed. So will my interest also be blocked for that period. Wont i get interest for the period it was held by IT Department.
Kindly advice me in this case.
when it is found there is the mistake in the NO mentioned in the form 16A & its issued by the bank in the F.Y.2009-10 IN THE LAST qUARTER, NO action is initiated by the bank inspite giving so many time remine?
TDS amt is considerable amt ?
what r the solution to this issue?
R S Jadeja
15 August 2012 at 11:27
According to the notification men power suppliers are to claim and pay 25 % of service tax as provider of service. Does Security service Providers come in this category?
GAURAV
15 August 2012 at 08:33
Sir, I have sold my agricultural land & now I want to purchase house & agricultural land with that money. I want to seek guidance/clarification for the following points:-
1. The amount received is income tax free or not?
2. Is there any rule that if I don't purchase land within some time limit then the said Principle amount will become taxable after expiry of that specified period.
3. If with that money I purchase land in the name of my wife or minor children , Is it legal or not?
4. Can I gift this amount to my wife by simply transferring the said amount in her bank a/c from my bank a/c. or some gift deed type documentation is required for the same?
Aurobindo
14 August 2012 at 22:47
Dear experts,
My ITax refund for AY 2007-08 has been long pending. After years of follow up this is now not paid to me but being adjusted against a newly found short payment of surcharge in AY 2001-02!!
I only have income from salary. In that year my Saral return was exactly as per the calculation shown on Form 16. The error if any was committed by my past employer.
1) They tell me that in that year surcharge was 2% for income under Rs150,000 and 17% for income over Rs150,000. My form 16 has calculated surcharge at 2% only. (So if this an error it should have affected hundreds of employees not just me)
2) The IT Dept is now charging interest u/s 234B and 234C on the unpaid surcharge and has set off the refund due in 2007-08 against this demand. Even after this there is an unpaid amount. So far demand notice has not been given to me.
3)Sec 143 notice not issued for 2001-02 yet but issued for subsequent year 2002-03 along with refund for that 02-03, many years ago. Also one more Sec 143 has been received for another year and some refunds for subsequent years were also given to me after follow-up.
4) So can IT still go back and recover tax and interest for 01-02 now?
5) All this time they told me that the return was not processed but now they say the date of processing is 2009. Even their system shows this date now which I have myself seen was not showing earlier in 2010. How is this possible?
Please tell me if
a) the adjustment / set off against demand IT has made is time barred ?
b) should this not be recovered from employer who is liable to deduct TDS?
c) why is this being brought up now and I have to pay interest for the past so many years?
d) What is my remedy?
Thank you in advance.
What is the difference between calculation of Total Income and computation of income on presumptive basis? Why those two are different for an individual tax payer(sole proprietor)?
Sir
Need knowledge on Black money
What is the punishment if person have black money ie more than 2 lakhs.
Sales tax
an optical shop did not issue me bill on the purchase of spectacle. when i demanded i was flatly refused.the shop is clearly evading sales tax. which authority shall i approach to? please advice.
regards,
javed