PAWAN PARIKH
06 July 2013 at 20:48
Hello Sir
In F.Y 2012-13 one LIC Agent got LIC Commission near about 28 Lacs , I want to ask you it cover U/s 44AB ? how i calculate his commission limit either in turnover basis limit which is 1 Cr. or in Professional Fees limit fees which is 25 Lcas . I think there is no need to do audit U/S 44AB so Just I want to Confirm from experts so please suggest me that Audit is required or not ? and one more If audit is not require then i can file return us 44AD ?
SUJITH K K
06 July 2013 at 16:10
Dear Sir,
We have got One work order from Surat based company.That have interstate purchase,Local purchase and Labour portion also.Then how to raise invoice under compounding scheme as per Kerala Value added tax
R. K. SARASWAT
06 July 2013 at 11:42
I am the main wage earner of the family. My mother is totally BLIND and I am looking after/taking care/bearing her medical expenses and her maintenance. But my mother is also getting some Pension which not sufficient for herself.
In the circumstances can I claim expenses for her medical expenses and her maintenance? I think under section 80D or 80DD or 80DDB. If yes, then to what extent the expenses can be claimed?
I HAVE A CLIENT WHO IS RUNNING BUSINESS IN PROPRIETORSHIP FIRM.HIS FIRM IS REGD.IN UPVAT.HIS REGISTRATION IS 11 YEAR OLD.NOW HE WANT TO CONVERT HIS FIRM IN PARTNER SHIP FIRM WITH HIS CLOSED FRIEND.HE DONT WANT A FRESH REGISTRATION,BECAUSE HE ESTABLISHED HIMSELF WITH VERY HARD WORK AND MAKE A GOODWILL IN THE MARKET.HE DONT WANT TO CHANGE HIS NAME & STYLE AND MFG.ACTIVITIES OF BUSINESS.HE WANT TO CHANGE ONLY CONSTITUTION OF FIRM.PLS.GUIDE ON URGENT BASIS WITH DETAIL.
THANKS & REGARDS
A.K.SHARMA
NITIN SHARMA (LL.M.)
05 July 2013 at 14:43
Dear Sir,
I am looking for an expert on this site, with whom I can discuss matters regarding U.P. VAT ACT.
kv santosh kumar
05 July 2013 at 13:48
My client has done mistake while filing karnata vat returns for the month of july-2012.He had two firms,while filing vat returns through online he has given turnover of one firm to another firm i.e,reverse in turnover of one firm to another firm.Now we cannot file reivsed return.since it has happened more than six monts.Please tell us how to solve this problem.
A PERSON COMPLETED 60 YEARS ON 14TH MARCH, 2013. HE RETIRED ON 31ST MARCH, 2013 FROM A COMPANY. PLEASE ADVISE FOR THE ASSESSMENT YEAR 2013-14, THE INCOME OF THAT PERSON WILL BE ASSESSABLE AS A SENIOR CITIZEN OR NOT. IN OTHER WORDS WHETHER HE WILL GET BENEFIT OF SENIOR CITIZENSHIP FOR THE INCOME EARNED IN THE FINANCIAL YEAR 2012-13 OR NOT.
sundar
04 July 2013 at 20:34
If two companies are merged in the matter of Composite Scheme of Amalgamation approved by Court of Law and Transferee company has got changed the name after merger, How to change its PAN no. whether New PAN to be applied OR Transferee company apply for name change?
is any prescribed format for changge, what documents need to to enclosed , to whome we should approach
Reuires exper advise
Naresh Mohan Gupta
04 July 2013 at 13:24
I have income from salary and interest on saving account and fixed deposits. What form ITR-1 or ITR-2 should I fill for filing Income Tax Return for FY 2012-13.
Regards to all
Refund of tds
Synopsis
1] I had filed an Electronic I. TAX return for the AY 2012 2013 and after calculation the refund was due Rs 36000/- But till date it is not received.
2] Three months back I received a letter from I.TAX Bangalore office that in the year AY 2002-2003 Rs 4000/- is due in the demand register if I have any objection to wrote to them within 30 days otherwise they shall refund the balance amount.
3] I had the original receipts of the amount deposited in the bank and shown/copies sent to the ward ITO concerned and Bangalore he informed me orally that there is no such demand in my name and thus I got the copies of assessment order2002-2003 showing nil demands,however he said it is a mistake at Bangalore may be due to technical reasons.
4] During all these years I am filing my regular returns and getting all my TDS refunds in time but I could not follow after 11 years they have some for 2002-2003 objection and they have never objected in between these years
5] I filed an RTI to the concerned Dy commissioner I. TAX Department DELHI with Photostat copies of the orders of the ITO orders on nil demand.
6] The reply was received through the ward ITO that there is no demand and he forwarded the concerned RTI to Banglore Unit for further reply.
7] The reply came from Bangalore stating the ITO has definitely said that there is no demand but he has not corrected it in the computer system at his end, hence the return filed has not been finalized as yet.
Keeping in view of the above synopsis of my case can any expert guide me what should I do now because I am hanging in between 2 offices of the I.T.DEPT ?