CAclubindia

Queries Replied : 23930

In case you are looking for tax compliance or advisory services, you can reach me at canikhilkaushik @ gmail.com

What kinds of questions I can and can't answer?

My area of expertise

My experience in the area (years):

Organizations I belong to:

Publications or writing which has appeared :

Educational credentials:

Award & Honors:

Vishal Kothari says : salary and consulancy
Dear Sir, My friend is software programmer employed in IT Company from where is earn the salary income. during the F. Y.- 2015-16 very first time he also provide his consultancy to other IT firm in nature software programming guidance and earn 3 lacs ( TDS deducted 30000) Weather he is required t maintain books of accounts? and to file the ITR with p&l and B/s He has expended Rs 180000 to earn his consultancy

Nikhil says : Not sure if my query was sent to you
please confirm, I will send again

Nikhil says : Hello Nikhil, need some help pls
On 19Jan2016 I had filed my return for Assessment year 15-16 but I made a big mistake & filed the return with income details from FY15-16 instead of FY14-15.I got employed in March 2015.Now,I have received intimation for demand of 40000tax.For this I'm trying to file rectification request under "Taxpayer is correcting the Data in Rectification",but I'm being asked to select reason from list of 22 reasons.Can u pls tell which reasons I should select & if I'm following the right process.Thank you

Nikhil says : Hello Nikhil, need some help pls
On 19Jan2016 I had filed my return for Assessment year 15-16 but I made a big mistake & filed the return with income details from FY15-16 instead of FY14-15.I got employed in March 2015.Now,I have received intimation for demand of 40000tax.For this I'm trying to file rectification request under "Taxpayer is correcting the Data in Rectification",but I'm being asked to select reason from list of 22 reasons.Can u pls tell which reasons I should select & if I'm following the right process.Thank you

AjaxJags says : VAT % for sports activity tracker in telangana
Hi Experts, We are going to seel Sports activity tracker similar to "Garmin vivofit 2 Activity Tracker" product. We know that sports goods are 5% VAT applicable in Telangana, but we are not sure if this product is 5% or 14.5% vat applicable. Please help us. Thanks in advance.