whether an trust registered under 12A, running school and college having the gross receipts above Rs.1 crore would be required to have its books of accounts audited under Section 44AB(Tax Audit) of IT Act. Whether the activity of running school would be covered under the meaning of business ?

pls tell me which itr form will be used to file return of a lic commission agent and what r the provisions to be kept in mind while filling the itr . pls give me full details on "taxation of income of commission agents".

What is the interest Rate And penalty for late filling of return ...? 1000 or 5000 ?

What is the penalty to company according to.Company's Act 2013 if annual returns are not filled in time..??? Are there any seperate Penalty provisions for directors..???

Hello Sir I want to know that if i compile the following requirement of Sec than what will be the answer of Below Q Yes or No

21(d)(A)
On the basis of the examination of books of account and other relevant documents/evidence, whether the expenditure covered under section 40A(3) read with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft. If not, please furnish the details: Yes No

Hello Sir,
I have a query and i need your help.Kindly see the details below.

1. I sold a house which was purchased in the year 2007. House was given on rent when i sold it. Purchase price was 25 Lac and Selling price was 38 Lacs

2. I also sold another house where i was living. It was purchased in August 2011 and sold in September 2014. Purchase price was 35 Lacs and selling price was 70 Lacs. Will i get the benefit of section 54 for both the sales.

3. Now i am planning to reinvent the money which i have got from these two transactions.

Please advice how much is the capital gain on the transaction and can i invest all in the new house whose cost is more than the gains i have made.

If I sit to study now for the CA FINAL NOV 2014 exam, is there any way I can clear it?

is reverse charge mechanism applicable in Govt. sector (service receiver) in repect of supply of manpower pls guide...

Please tell me whether a C.A. can forward the print out of same audit report to its clients which is being submitted to Income tax department or there is any need of giving a separate audit report sealed and signed by CA....??

The Industrial sick unit having -ve net worth and saying that in Sep 2014 Net worth got +ve . After charging Surplus from Change in Method of Depreciation.

Is it called Write back of Dep ?