AN ASSESSEE IS EARNING COMMISSION INCOME OF RS. 19 LAKH DURING FINANCIAL YEAR 2012-13 ON WHICH TDS IS DEDUCTED U/S 194H OF RS 190000/-
HE IS NOT MAINTAINING BOOKS OF ACCOUNTS,
NOW I WANT TO SHOW NET PROFIT OF RS. 3 LAKH,
CAN SHOW THIS FIGURE IN ITR-4 IN ROW NO.
51 NO ACCOUNT CASE?
IS I HAVE TO FILL BALANCE SHEET OR NOT?
what is the step by step approach of chapters to study income tax at ipcc level i.e the order of chapters to study income tax at ipcc level?for example first basic concepts second redidential status and so on
please give me entire order list one by one in ascending order on the basis of conceptal clarity.
Hello sir, whiling filing returns for AY 2010-11, I had not mentioned TDS. I am salaried employee and had paid all the taxes for that year and same is reflected in Form 16 & 26AS. IT department have sent me a notice asking me to pay taxes for that year. What should I do to get this corrected?
Iam preparing for cs executive cn i have a brief tips for self preparation what chapters to go through imp in evry sub particularly for module 1
A Partnership firm is converted into a Pvt Ltd Company. Central Excise Registration of erstwhile firm was surrendered and new registration is taken.
Now, should we consider the clearances made in erstwhile firm for claiming the benefit of SSI notification or we get fresh limit of 150 Lakhs
which is the best book of isca for self study?at present i m refering dinesh madan sir's book..this is very easy to understand but in exams i am not able to score good marks in this subject?which book i have to refer and what strategy i have to adopt for study this subject?
Can a partner take a loan from LLP?
Can Loan amount exceed partner's share of contribution ?
In Balance Sheet where it has to be shown?
AN ASSESSEE DOB IS 05/05/1995, SHE BECAME MAJOR ON 05/05/2013. SHE IS EARING COMMISSION INCOME OF RS. 400000/ ON WHICH TDS IS DEDUCTED U/S 194H OF RS/ 40000/- DURING FINANCIAL YEAR 2012-13.
NOW MY QUERY IS
IS THIS INCOME IS CLUBBED IN THE HANDS OF PARENTS?
AND IF INCOME IS CLUBBED THEN UNDER WHICH HEAD OF THIS INCOME AND WHAT KIND OF ITR FORM SHOULD BE USED TO FILE INCOME TAX RETURN?
CAN WE CLAIM EXPENSES ON SUCH GROSS RECEIPS?
Sir
i am working in PSU where our company has given a contract to a non-resident company for supply of plant and machinery.and foreign company has given lower deduction certificate u/s 197 of Income Tax Act. our PSU is paying money in Indian currency. we are currently deducting TDS in U/s 195 on income tax.
whether we are correct or not. please guide me form no 15CA and 15CB will be applicable in in this case?
My father was holding the agri. land of 11129 sq. mtr., rcvd from my grand-father. In 2010, the same land converted to NA land in Aug-10. The same land sold out in Sept-10 to the HUF.
1.What kind of Capital Gain to be considered?
2.which valuation report (as on 01.04.81 OR Aug-10) to be considered for indexed cost of aquisition?
3.how to calculate the indexed cost of aquisition?
Pls reply ASAP. Thans N Regards.
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Not maintaining books of account