Plz let me know whether the set off of earlier years' losses should be before availing the exemption u/s 10A or after that against the current year profits? Thank you.

Respected,

my friend is a doctor and he working with some hospital,

he does not invest anly money in that hospital and he work there at partnership, when he attent anly patient the money they receive from that patient 70% is goes to my friend and 30% goes hospital, some time he got call from other hospital where he vist and receive money.

please suggest, is that income is taken as salary income or business income.

thanks in advance


Regards,

Naresh Kansal

what if the ca firm raise a bill on client for providing data entry charges by sending his staff at the client end.The work relates doing accounting data entry.Will it still be deducted under contract or professional?

It is a known fact that if the director name is appearing in the LIST OF SIGNATORIES under View Signatory Details, then DIN-3 is already filed for him and approved by MCA21.
My query is, whether this DIN-3 will be available in the MCA21 portal or not.

My understanding is that DIN-3 if not available in the MCA21 portal, then it would be treated as PRIVATE DOCUMENT by MCA21.

Confirm whether my understanding is in order.

Me and my brother are co-owner of flat.
Housing Loan Interest is Rs.2,00,000/-, we are repaying the housing loan equally.
Can me and my brother take deduction of Rs.1,00,000/- each from Income from House Property U/S 24.

I am not able to find the Form DIN-3 (filed and approved by RoC) for one of our clients in the MCA21 Portal. How do I view the same in the portal or whether the same is treated or categorised as private document ?

If there is mistake in the balance sheet filled with Roc of the Pvt. Ltd.whether it can be revised or not

HOW TO OPEN A DEMAT ACCOUNT?

Dear All,

My company is paying fixed medical and Leave Travel allowance to the employee, which is payable after deduction of TDS. Is there any exemption under medical and leave travel allowance . If yes under which section of the income tax act.
Remember that amount is not reimbursed by employer.

Comany has contract with other co for transport of goods, driver of the truck is providign form no. 15I,however bills are raised by the transport company,
Whether TDS is deducted or not? & the same question is in applicability of Sec.40A(3) for payment exceeding Rs.20000.