Jameer
23 July 2011 at 20:55
Sir i got the below message from income tax dept.will u please explain what it mean and the term 'return' in the message.
Thank you
Register on www.incometaxindiaefiling.gov.in to view your Tax Credit Statement (Form 26AS) & e-file your return. Due date - on or before 31st July, 2011
madhukar
23 July 2011 at 20:51
Dear Sir,
I wish to start the trading in chemicals. i want to buy chemical at price 100 per kg & to sell at 105. nw with exsice duty this chemical cost comes 110 & 2 % cst upon it Rs.112.5 per kgs, is the bill i get from my supplier , in this case. i can not sell to other party @ 105 (i.e loss of Rs 8 per kg). my request you to please let me know in what manner i shuld work so that i can get Rs. 5 per kg profit. please help me & show me some way out.
P.C. Joshi
23 July 2011 at 15:55
Can anyone please advise the procedure of VAT registration in Delhi. As far as I know vat registration to be done on line and physical set of the same to be delivered in the VAT Depatt. What is the procedure after the physical docs have been submitted in the departmrnt and what is the normal time it takes afterwards till getting the R.C.
Thanks
P.c. Joshi
saritha chavan
22 July 2011 at 20:58
dear sir,
my annual package is rs.400000/-, do i need to file returns for the financial year 2010-11. in my office i was told it is not necessary to file retuns because of the recent amendment, that income of Rs.500000 and above only should file returns. i have not availed any kind of loans.
sir, kindly clarify my query
snpathak
21 July 2011 at 21:18
during the financial year 2010-2011, my assessee is employed at mnc at gurgaon and received salary from india for 07 months and went for us for 05 months and paid tax on us salary at us.in the month of february2011 he came back to india.tell me i should furnished his return of indian salary or both.
Anonymous
21 July 2011 at 15:44
dear sir,
we have paid FBT for the financial year 2009-10 of Rs. 22000. now in the financial year we have written off FBT Recoverable of Rs. 22000 through Profit & Loss A/c. so sir, i want to know whether fbt written off is allowable expenses as per income tax act.
pankaj
21 July 2011 at 15:31
dear sir,
we have paid FBT for the financial year 2009-10 of Rs. 22000. now in the financial year we have written off FBT Recoverable of Rs. 22000 through Profit & Loss A/c. so sir, i want to know whether fbt written off is allowable expenses as per income tax act.
Can House Loan repayment amount can be taken for ded. U/s 80C by both husband and wife, if the said loan is in the name of both of them. If yes, in what proportion. Consider the repayment as 1,80,000/- and both are having savings u/s 80C of Rs. 20,000/- and 10,000/- each. Please advise.
snpathak
20 July 2011 at 09:13
i filed my return for a.y. 2010-2011 withintime on30/09/2010 and my case has been completed u/s143(1) of the i.t.act1961 . can i revise my return for a.y 2010-2011 upto 31/03/2012.
Excise registration
Dear Sir,
I wish to start small buisness unit. i knew how to get the CST/VAT registraion. my problem is excise duty loss. if i purchase chemical at basic price Rs 100 per kgs. it comes with tax invoice & i have to pay Rs.112 per kgs & CST upon it. (now my selling basic price is Rs 105 & i can not pass on excise to seller as i dont have excise reg. therfore i incurred loss of Rs. 8 per Kgs, if i can get exsice reg. i can pass on this to my seller.) as a samll manufacturer what is procedure to get the exicise reg. pl tell me in detail. or else please guide me how to deal with this situation.