Dear ALL

Do senior citizens have to remit advance tax on Interest Income earned for the AY 2014-2015?

For the AY 2013-14 as per Section 207 , there was no need to remit advance tax for Resident Individuals not having Income from Business or Profession and who is of the age of 60 yrs of more during anytime of the Previou year....

Is this provision continued in Finance Act 2013 as well or is it dropped?

Sir, I have salary income only on which i paid tds amounting to rs 1388.My saving bank interest is around rs 5000.Is it mandatory to file return or not.

Sir i cleared both groups of ipcc first attempt but i m left vd itt so sir can i register myself for final nw before completing itt n start trying to get articleship in a good company????
Pls sir reply asap

I reg. For direct entry with articleship regi. On 1oct12.after 1month transfer in 2nd firm then in april to july 13 gap taken now on 1aug13 my ott complet but itt exam incomplet so i can start my fresh articleship from 1aug13 with 103 form in same city

I am a individual having business loss. ,However, my Total income exceed the treshhold limit (exemption limit). I want to know that whether Tax Audit is applicable on me as per sec 44AB.

Dear Sir,
Suppose the notice for scrutiny which is issued on 30/09/13 and served on assesseee on 10/10/2013. Then whether the said notice notice is valid
or
Serving of notice also should be within 30/09/2013.
Please clarify.

Anybody can plz tell me that any amount transfer by NRI to his relative resident of India is taxable in hands of that relative???
And income arrived from that amount is taxable in whose hands??
Plz explain in detail...

Dear Sir/Madam,
Is it allowed during the continuation of Articleship Training to appear in the competitive exams for recruitment in any government jobs like bank employees recruitment exams, tax officer's exam, etc. which DOES NOT involve attending any classes, etc. for training and subsequent recruitment?
Your reply will be highly appreciated.
Thanking you in advance.

We are the pvt. ltd. company engaged a Contractor with valuable work order for supply of materials of electrical and erection. Now the contractor raised a bill for Installation, where he charged the service tax amount @12% directly and also ed.cess & s&h ed. cess applied as per norms. The contractor is a partnership firm.

My question is that he (The Contractor) is do the same or he only charged 25% on Service Tax amount @12% ?

I request you to please clarify me my query with notification no.

I am dealing the accounts of person who is trading cement .his sales are RS. 9927024.
and he also earned the following disccounts from the purchaser

1.quantity disccount RS.206247
2.general disccount Rs.397680
3.additional disccount Rs.122288
4.cash disscount Rs.7520
5.Plant sale disccount Rs.1400
6.PPC disccount Rs.122410

can we inclued the above mentioned disccounts in the turnover, if yes please suggest me what are to be included in the turnover.

Regards

M.Chowdeswara Reddy