Hi,
I m CA Final Student n clrd grp 1.
I want to purse further studies but confused between CS or LLB.
Pls suggest which course is better CS or LLB.
Further if i do CS will i get exemption from 15 months training as i have already completed my 3 & 1/2 yrs articleship under CA Course.

If payment has been made for more than 35000 to transporter for different days bill on a single day can be allowed u/s 40(A)(3) of Income Tax Act, 1961.

WHETHER NRI PERSON IS RESPONSIBLE FOR DEDUCTING TDS ON PURCHASE OF IMMOVABLE PROPERTY. AND IF HE PURCHASE FROM BUILDER IS HE REQUIRED TO DEDUCT TDS OF BUILDER ON PAYMENT


KINDLY REPLY SOON......
DHARMESH NAG.

As of now liability to pay service tax is on service receiver in certain cases. Suppose I am using transportation / taxi facility from tour and travel service provider having no service tax no or say service provider turnover is less than 10 lacs. So how as a service receiver liability to pay service tax will be determine.

sir,
I am a ca final student and i m looking for industrial training in banglore for nov 2013 joining. kindly help me and let me know contact details of the companies
thank you.

Can a CA sign the tax audit report of his uncle i.e. father 's brother.

Under presumptive tax , Small Assessee (T.O below Tax Audit Limit) has to declare at least 8% of his Turnover (T.O) as profit and there is no Audit requirement.
Now suppose a Firm has no Sale/Income in the previous year and has incurred a loss after booking some of it expenditure. Is it required to be Audited as loss reported is below 8% as prescribed in 44AD?
In another case suppose that firm has T.o of Rs 100 and after booking all its exps , it has loss for Income tax. Now will it be covered under 44AD or 44AB?

Dear Sir,
Please suggest me about central excise register RG-1, RG-23 Part-I and RG-23 Part-II. Why this register is prepared.

Ram Chandra

An assessee (Sole Propreitor)is getting a commission income of Rs.7 lakh after deducting TDS under 194H by working from home without making any invoices for such.
Commission is recurring in nature

Can anyone explain:
How Commission income will be taxed? Under what Section and What head
What expenses can be claimed as deduction?
Should he maintain books of accounts?
What is the tax audit limit for such commission?
Should he issue bills?
Does he have register himself in any other Act. Eg: Service Tax, Shops & Establishment

Dear Sir,
I had filed a 26Q revised return for the 4th Quarter fy 2012-13 on 17-07-2013.
Still its under process at trace and I need to issue revised form 16A.

Why trace taking so long time to process them.