Can anybody tell me the possibility of opening the case in income tax if return is filled under section 44AD.
While paying TDS u/s 194C in April 2013 by mistake have included for march 2013 also in april 2013 and paid putting A Y as 2014-15. The details are Total Paid Rs.1,01,721/- out of this for March 13 Rs.51,141/-and April Rs.50,580/-.
Can the error be rectified ?
is agricultural land profit is exempted other than in sec 10(37)???
There are four Directors in a company to whom the company has been paying directors remuneration of say 2.5 lakhs each till last year.
Now from this year onwards i want to reduce/ not pay the directors remuneration to two directors.
what are the possible options/steps.
Dear Expert,
want to know one thing,
that how i come to know that the car rent bill raised by vendor is with abatement or without abatement.
vendor has not levied his part of ST i.e 60%
also clarify that there is only 40% liability of recipient with or without abatement?
From where I can get the company secrretery prospectus ?
Textile designs are purchased from USA and the amount is paid as 5% of the PO of the export invoice of goods manufactured using that designs. IF it is treated as designing charges will it attract service tax or if I call it as Purchase of designs will it attract service tax.
or will the ST exempted under reverse charge as the services are performed in a non-taxable territory for a person in taxable territory.
Kindly advice.
Interest expense allowable as deduction in Income tax ?
I have borrowed capital and I pay interest on it in the same way I have lended money which I show as Income can I get deduction or can claim expense on interest ?
Dear Sir,
Whether the reminder sms to file return etc with in due dates, sent to clients by tax professionals via ways2sms site will come in the category of advertisment/commercial activity or not?
Please advise me.
dear sir,
Mr. A is a contract base employee in an electricity depot. His total income of the FY 2012-13 is Rs. 256245/-. but based on his PAN no. in efilling sit, form 26as shows that Rs.1471452/-. But his employer gave form 16A. In that actually amt is there, that is 256245/-.
My doubt is in what amt we have to file return.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 44ad