Sir
One of my friend is running a school which is registered under Trust. his name is recorded as an trustee in the Bye Laws of the said school. he is receiving some honorarium from the school.
Under which source should i show that amt, and at what rate is that amount taxable?
is their any restriction on honorarium?
can any school which is registered under trust can pay anything to the trustees?

pls guide me...
thanks in advance.

Regards
Kavitha

Hi,

A return of income of a salaried employee for AY 2013-14 was filed late on 01/08/2013. The itrv was sent in jul 2014 and recd. in the same month. Now the status on efiling site is " ITRV recd. after due date".

The return has a good sum of refund pending. Most of us would wait as these ITRVs are accepted later on due to extension of last date.

But if one wants to get refund earlier or get the return processed earlier, then do one has to file a return afresh or one has to revise the earlier return? In this case return is late so it cannot be revised then What course of action is must be taken?

Kindly guide.

Thanks

Dear Sir

Sir, i want to create a company in the name of ''sone shine india pvt.ltd.''
what is legal requirement to be fulfilled.

Hi,
This is sravani.I completed my Ca inter in nov2013 attempt now i want to do Bcom under ignou.if i register now in which month (either june2014 or dec2014) i have to write the exam.And is it complusory to send 112 form to icai. If it is complusory within how many days i have to send.
Thanks in advance,
sravani.

what is the tax treatment of compensation received regarding agriculture land acquired by state government ?

Employer A has obtained registration for PTRC at Nashik.

After few years it obtained registration at Mumbai and forgot to cancel the Nashik registration.

Now he paid all his PT dues from Mumbai.

Is he liable to pay anything in Nashik.

Sir,
I would like to know that I have completed B.com with 55% in 2011 & M.com in 2013 even now I have to qualified CPT Exam or not.
Please reply me so that I can apply for that with in right time.

i have to mail a ledger of party from tally.
how we can sent mail to ledger of party through tally.please reply

person residence in his father house and also having his on house in his name...than whether his own house is deemed to be let out or income tax is laviable or not?

Dear Expert
pls tell me.
1. A govt employee has not file the ITR For AY 13-14, while his TDS is deducted in Excess amount. Can He file the return at present or not. and
2. If a employee furnish wrong detail in ITR (like he has no medical ploicy, but fill in ITR Rs 9500 paid as medical policy and claim the refund), then what will be the effect on furnish wrong detail.

pls tell me, its urgent.