According to income tax section 44AD while consideration of gross business turnover/sales to declare 8% net profit on gross sales, whether gross sale have to take with vat or only gross value.

example
a) Sales is 10000/-(without vat sales)
b) Sales is 10500/-(with vat sales)

but when we are preparing trading account considering only without vat gross sales(a)

Experts,

In a Private Company the auditors have given their resignation before the expiry of their term.

In this case do we need to call an EGM to appoint the auditors or we can just appoint the new auditors in BM.

Thankyou.

MY SALARY IS RS.22500/-PM THIS WAY MY TOTAL INCOME IS RS.270000/-..IN WHICH RS. 70,000/- IS TAXABLE..

1-NOW PLEASE TELL ME HOW MUCH (MORE) PERSONAL DRAWING CAN I WITHDRAW.. BECAUSE IF I WILL WITHDRAW LESS AMOUNT THAN MY CASH WILL CONTINUE INCREASING EVERY YEAR..

2-HOW MUCH SCHOOL FEE/EXPENSES CAN BE SHOWN ....REGARDS

Respected Sir

I want to know if there is any vacancy for CA Industrial Trainee in the areas of Delhi & NCR.

Is it mandatory to change the name of Pvt Company while changing its main object where new objects are different to Company name. If yes then under what section is it written

Dear Sir,
To file a nil service tax return Whether I have to fill Zero in all numeric data field of ST-3 in all sheets
or
I have to give only Service tax No. in excel sheet and leave all field blank.

Please clarify.

When of my client dilipbhai has passed a JV of School Fees Rs.80000/- paid by his spouse by Cheque from her own Account and wants to claim deduction in his return. I would like to know whether the assessee can claim deduction. Also I believe that it would amount to violation of section 269SS,so kindly let me know if there is any judgement providing immunity against section 269SS

I cleared IPCC G-II in May-2013 attempt and my final attempt is on Nov.2014 so is there is any time limit for registration of final CA and on what name I have to make DD of Rs.10000/-

What is the eligibility for pursuing CFA course? I m presently a CA Final student. Can i pursue both Courses simultaneosly?

1. Is it compulsory to file ITR 7 Audit report of trust electronically for the A.Y. 2013-14 ?

2. E filing of IT reutrns d mandatory for trusts?

Plese advice