my wife has recieved a sum of 300000 rs from various relatives on our marriage.
while filing it where to treat this income?
i not found any coloum in itr 1 where i can claim of income deduction ?
should i show this income in other sources head ? in which section should i claim deduction and where this option is available

Hi friends i've a doubt, pl clarify..
One of my client has a Partnership firm and their sales for the year is 50laks with a loss of 1.4laks..My query is -1.4laks is obviously less than 8% of gross receipt/sales so does it comes under tax audit.. If yes how, if no how.??

sir,
the turnover of my client which is a proprietorship firm during F.Y.2013-14 was rs. 80,00,000 and profit margin was only 2%. therefore provision of sec. 44AD is attract and he is liable to get audited u/s 44AB. He pay rs. 50,000 of shop rent.

my question is that he is liable to deduct TDS during f.y. 2014-15 on making payment of shop rent.???


but on the other hand provision of sec. 194I says that a person lialble to deduct TDS only when his turnover was over 1 crore.


sir i am totally confused. please give your suggestion.

Which Itr is applicable for a salaried employee having only salary income. and have exempted HRA Rs. 50000. please clarify.

What will be the consequence when tds has been deducted and return has been filled with details mentioned in form 16 but form 26as is not displaying the amount of tds deducted.

whether TDS is to be deducted excluding service tax under all section of TDS after circular dated 13. 01.2014.

Individual earned income from F&O business approx 80 L besides his other incomes (Salary 57L + others 50K) . Will it require tax audit for filing income tax return for the year 2013-14. pls. advise.

Thanks

Hello,

I have been doing freelance content writing since August 2011. From December 2013, i started building a team of freelance writers.
Should i have to apply for TAN and register my freelance content writing company as a sole proprietorship firm?

Hi friends..i am a science student..Somehow i choose CA as my passion..I cleared my CPT in my second attempt 2011.. i have attented IPC 2014..During these period i faced a lot of problems..financially, even by family also..till i continue to dream to be a CA.. I am not going to give whatever problems come...i am working @ courier as part time.. My school friends are going to finish UG and ready to get a job..but me totally useless..till only studying...also not earn any money..pls suggest me how motivate my self..and continue my career without any distraction..pls help me..i need that...

A offers income on cash/receipt basis, however bank deducted TDS on interest paid on Accrual basis. Should A offer interest income on accrual basis and claim TDS , or continue to offer on cash basis , then how much TDS can be claimed?