Sarvesh Mani Tiwari,CFA(ICFAI)
19 July 2008 at 14:11

Can Security service come Se 44AD

Firm providing security guard in different company can firm file return ITR-4 having tourover Rs five lac?


rachit shah
19 July 2008 at 13:38

TDS deduction

My client has paid Rs.1,30,000 for an exhibition to have a stall in that exhibition to demonstrate his product. Whether TDS provision is applicable if he is covered under section 44AB? if yes, then in which section TDS should be deducted? and at what rate??


rachit shah
19 July 2008 at 13:37

TDS deduction

My client has paid Rs.1,30,000 for an exhibition to have a stall in that exhibition to demonstrate his product. Whether TDS provision is applicable if he is covered under section 44AB? if yes, then in which section TDS should be deducted? and at what rate??


kuldeep kumar
19 July 2008 at 12:07

Intrest u/s 234 B

If a company paid only one instalment of advance tax of rs 11,00,000 on 16.03.08. Having tax liability after complition of assesement in september Rs 10,50,000 then is the intrest under sec. 234B will be for entire period of 6 month or there will be any relaxation, as advance tax paid till 15 march is nill. Is such advance payment is considered in calclation of intrest u/s 234B and C


DINESH K SHAH
19 July 2008 at 12:01

PAYMENT OF INCOME TAX

GOOD MORNING. MY QUERY AS FOLOWS:

WE ARE HAVING A SHED IN MUMBAI AND PURCHASED ONE MORE LAND AND BUILDING IN ANDHRA PARADESH. NOW WE ARE PLANNING TO SELL THE SHED AT MUMBAI AND WANT TO INVEST THE COMPLETE SALES VALUE OF THE SHED IN CONSTRUCTION OF ADDITIONAL BUILDING ON THE NEW PLOT/BUILDING PURCHASED IN ANDHRA PRADESH.
WE WANT TO KNOW THAT ANY INCOME TAX IS PAYABLE ON THE PROFIT EARNED FROM THE SHED SALES.

WHAT INFORMATION WE HAVE IS THAT IF THE SALES VALUE IS INVESTED IN NON MOVEABLE ASSETS THAN INCOME TAX IS NOT PAYABLE. PLS CLARIFY

THANKS

D.K.SHAH


Pankaj
18 July 2008 at 23:47

what should we treat such income


If a person earns money from a limited co.
inrespective of letting out a house.where such co. runs a commercial activity.

so as per your view assesse should treat it as income from other source U/S 56(1)[which says income from letting out the building] or treat as income under the head of house property.


amit
18 July 2008 at 22:38

capital gain

whether the compulsory acquisition by the local bodies like improvement trust etc.(state owned bodies) are covered under the compulsory acquisition u/s 10(37)


venugopalareddy

my assessee went to abroad on company work.
for filing his return how can we get the signature from him to file the acknowledgement ITR-V
He does not have the Digital signature
can any one advise me?


mukesh chudiwal
18 July 2008 at 20:35

Capital introduction

hi friends,
Can anybody tell me how can one introduce capital while filing his return first time? What could be the sources of capital?


deepak kumar

sir/madam
interest for non payment of advance tax is chargeds u/s 234B or 234c or both. if my tax comes out to be 6000 and i have not paid any advance tax plz calculate interest amount
thanks