Above section say that in th case of partner of a firm, his share in the total income of the firm shall be exempt from tax.
1. Whether total income of firm means income before tax or after making the provision of tax.
Total income of firm X partner's share in profit/ Total profit of the firm
It is no where stated abt the definition of total income for this purpose
2. if above is after tax, how will we provide for tax If we are maintaning books of accounts on cash basis
whether e filing is mandatory for proprietorship firm to whom 44ab applicable
advice me ..what is the time limit allowed u/s 200(1)to remitt the tax deducted at source to the government during the current previous year...???
if a person does not claim his refund in his return...but form 16 has been attached with return....which shows refund of rs.2000
would he get his refund of Rs.2000??
Can a NRI having british Passport purchase shares in Indian Co.
Hi
please tell me what is section 234B and 234B when and how its implement.
Please let me know whether teaching is a profession under income tax act,
Is it necessary to deduct tax on amount paid to visiting professors or teachers engaged in part time teaching. which section is applicable whether 194 J
Please let me know whether teaching is a profession under income tax act,
Is it necessary to deduct tax on amount paid to visiting professors or teachers engaged in part time teaching. which section is applicable whether 194 J
I stay and work at Pune & pay rent to my parents. Now I want buy a house at Satara or Kolhapur.
The query is -
Whether I can get both (1) the HRA exemption and (2) Interest on loan (as loss under income from House property) in my return for AY 08-09?
please give your advice and also spcify the provision under Income Tax Act.
6 days Certification Course on GST Practical Return Filing Process
Share of Profit which is exempt u/s 10 (2A)