Dinakar C Korishettar
23 July 2013 at 15:26

Is it a 44ab case?

Is it a 44AB case?

Please guide me,

1) Whether a Tax Consultant can file ITR4 for this A.Y 2013-14, if…
Assessee is an individual or HUF, having…
a) Total business turnover less than 1 Crore,
b) Maintains his books of accounts regularly.
c) Profits & gains from the business are not more than 8% of his total turnover.
d) Net profit from the business is bellow basic maximum income tax exemption limit, i.e., Rs 2 Lakh and
e) Agricultural Income is more than Rs 5 lakhs.

2) Whether an assesse or a Tax Consultant can file ITR5 for this A.Y 2013-14, if…
Assessee is a partnership firm, having…
a) Total business turnover less than 1 Crore,
b) Maintains his books of accounts regularly.
c) Profits & gains from the business are not more than 8% of his total turnover.
d) Net profit from the business is bellow basic maximum income tax exemption limit, i.e., Rs 0 and
e) Agricultural Income is more than Rs 5 lakhs.

Thanks with regards,
Dinakar C Korishettar.


vinyas

hi all,
i just want to know few things reg st on service apartments.
1) is st applicable for service apartments.
2) if yes, what is the rate applicable.
3) if the service apartment unit provides room service for the guests who stay in such apartments, whether st is applicable and if yes, at what rate it is taxable ?


Nirmala Agarwal
23 July 2013 at 15:22

Deposits

if the public limited company already accepted the deposits from public (individual) (deposits taken on 05.07.13) for the period of three months and has not filed statement in lieu of advertisement before acceptance of deposit, Can i file the same now, after acceptance of deposits or is this amounts to non compliance?

Please reply.



Anonymous
23 July 2013 at 15:15

Tds on cash payment

Is TDS applicable on Cash payments also, or only on Bank Payments?
(payment is made for any expenses on which TDS is applicable).
(for eg. amount for Labour Contract paid as an Advance in Cash)



Anonymous

residence associaton is registered as a society but not registered u/s 12A .
Interest income is 180000/- Tds deducted by bank is 18000.
the query is
1)isnt income till 2 lakh is exempt as it is aop.?
2)isnt Monthly maintainace charges paid by members exempt from tax-? on the concept of mutuality?
3)can the treasurer of the society be the verifier of the IT return?



Anonymous
23 July 2013 at 15:00

registration

goog evening sir
i have regd to ipcc under direct entry last yr in aug sept and still i didnt gave a single attempt due to some personal issues is my registration cancelled i hav to register again or dat regstrtn is valid still plz reply




thanks



Anonymous
23 July 2013 at 14:57

Whole time director

The Board of Directors of a Private Ltd Co appointed a Whole Time Director directly (who was not an existing director) for a period of 2 years. Please clarify
In the ensuing AGM,
i. whether the WTD needs to be re-appointed as Director (to continue as WTD)
ii. If so, whether any form 32 needs to be filed for any change in designation

Thanks in advance


CS....

Dear Experts,


I have to Convert a private limited company into limited company which has paid up capital Rs. 20,00,000/-

Please provide me the check list for the conversion.....

Its urgent.. Please help me. My mail id id leeacs.me@gmail.com & csleenakumawat@gmail.com


I am waiting for your reply...


Kishor Ashok Shinde
23 July 2013 at 14:45

One sop and one let out property

I stay in mumbai in rented premises.
I have purchased one house property in karnataka and second house property in kerala.
Both the houses have been purchased by housing loan.
I haven't given these houses on rent.
Can i claim interest deduction on both the houses ?
On one H.P.limited to 1,50,000/-
and on another H.P.Loan interest 191478/- as i will have to show it as deemed to be let out propety.


Rajiv

good evening experts,
we are excisable unit.OUR ECC NO. IS AAECG5092KEM001 sir we have take registration of sale as a trader from sale tax deparement . then sir we are selling our raw material as a trader which we purchase from our vendor with excise . then sir my query is that will we sell this raw material with excise duty add 12.36%.please help sir in this regard.
i ask this question to my superintendent then he told me that YOU CAN DO THIS AND YOU DID NOT REQUIRE ANy DEALER REGISTRATION IN EXCISE DEPARTMENT.please please






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