How to fill up ITR 5 - column 52 ( P/L A/c )...for firm opting for section 44AF....and having
gross turnover = Rs. 38,00,000 /=

net profit = 1,90,000 ( 5 % of 38,00,000/-)

remuneration - Rs.1,18,800
interest to partners - Rs.25,000
If we fill
gross receipts - 38,00,000
gross profit- @ 5% 1,90,000
Expenses:-(Remuneration+Int.) 1,43,800
Net Profit would come as 46,200...which is not 5 % of G.T.

How to fill up ...so as to reflect that the profit declared complies with the provisions of section 44AF and also the computational provisions of the I.T. Act?

Where to show remuneration & Interest which are deductible from N.P to get firms taxable Income....

HOW TO CLAIM REFUND IN CASE OF TAX DEDUCTED BY BANK ON FDR , WHEN DEDUCTEE IS EXEMPTED FROM FILING RETURN OF INCOME.

How to fill up ITR 5 - column 52 ( P/L A/c )...for firm opting for section 44AF....and having
gross turnover = Rs. 38,00,000 /=

net profit = 1,90,000 ( 5 % of 38,00,000/-)

remuneration - Rs.1,18,800
interest to partners - Rs.25,000
If we fill
gross receipts - 38,00,000
gross profit- @ 5% 1,90,000
Expenses:-(Remuneration+Int.) 1,43,800
Net Profit would come as 46,200...which is not 5 % of G.T.

How to fill up ...so as to reflect that the profit declared complies with the provisions of section 44AF and also the computational provisions of the I.T. Act?

Where to show remuneration & Interest which are deductible from N.P to get firms taxable Income....

is vat applicable for liquor in karnataka state?

sir, our tally data still corrupted...whether it is do correct...what should i do...plz reply me

If a company is not running busniess and only ROC & Audit Fees Exp. incurred since last 3 years.
1 Income Tax Return filling is compulsary or not for that co
2. Any penalty & prcecuission may be made on the same or not. if filled late return

I had purchased steel sheet @4%Dvat .Whether i can sell the same material with the same rate of dvat.

Hi,

as per para 43, clause(d) of AS 14 particulars of the scheme of amalagamation sanctioned ubder a statute are to be given in notes to accounts.

is it the whole scheme which should be reproduced in notes? or to what extent these particulars should be given in notes.

pls. help...

Thanks

Manish

Dear sir
is a transporter of good whose gross reciepts are less than 8 lacs required to get himself registered and charge service tax on the same

hello

can any body tell me or send me the software so that i can convert the MS WORD file into PDF format file.