My sales is Rs. 89,00,000

My Expeses Is Rs. 87,00,000

i having dedution under 80C Rs.50,000

My Net Profit is Rs. 2,00,000/-

my Total Net Income After 80C is Rs. 1,50,000/-

Wheter i have to audit my account

Dear sir,
Case MFG in Gujarat
sales from Maharastra
Case 1
IF we go for stock transfer then whats the case of input vat credit for vat payable on final sales in maharastra
case 2
If we go for sales from guj to maharastra then we need to pay cst, but in this case also whether input vat credit is available against the output vat credit payable in sales at maharstra

If a partnership deed provides for 12% of interest on partners capital, and the partnership firm has net profits after allowing all expenses, then whether entire 12% interest on partners capital is allowed or not ???
The above interest is providing to all active and working partners only. is there is any other disqualification apply on int. on partners capital in the above case.

Hi Everyone, Is any body have detailed procedure/Book/ checklist etc for newly CA for conducting first Time Tax Audit. Details including care to be taken while updating 3CD & 3CB reports.

Hi Everyone,

Is any body have detailed procedure/Book/ checklist etc for newly CA for conducting first Time Tax Audit. Details including care to be taken while updating 3CD & 3CB reports.

Is every board resolution including resolution for opening bank account required to be filed with MGT-14 under Companies Act, 2013?

Experts,

Is it so ITR filed online gets assessed earlier then filed manual ?? or it takes same amount of time ??

is new edition of practice manual aug 2014 aplicable for nov 2014

Dear All,

I am handling a case where the income of assessee has been wrongly filed by his accountant in the ITR. His agricultural income has been taken as taxable by mistake although such income is exempt.

Now, he got the letter of demand in Nov,13 for the taking any action within 15 days. He went to his AO, but nobody is taking the matter seriously. He has just filed a letter that the ITR was wrongly filed & he clear the reasons how it should be filed. Now, he has got the letter from Bangalore that please take action under section 154 otherwise it will be taken in adjustments.

Please clarify what steps I should take for this

Dear Experts,
i have income tax return a.y. 2014-15 filling itr-4. i have a mistake following
surname collom i have filling father name
any prolblem ????

pls guide me