A individual having turnover 52 lacs and net profit Rs. 1.8 lacs, income from other sources Rs. 80000/-. GTI comes to Rs. 2.6 lacs, whether liable to audit u/s 44AD, if yes then time limit for filing return. Experts pls advice
Hello guyz I have completed my graduation from SRCC and now I will be giving my IPCC both group 1 &2 EXAM in MAY 2015 and coaching will get finished by 31 January ........so I will be left with 90 days in total for self study.......so plz could u suggest me the time table for these 90 days ?????
I want to know that if an auditor of company can purchase product or use services (not free)from the company , he is auditing.
is it ok.urgent view required.
v.k.g.
9997818686
In Form 16 employer has deducted Rs.241000/- as deduction for interest on borrowed capital. But when i fill ITR 1 it restricts me to Rs.150000/-. If i take Rs.150000/- as deduction then i will have to pay additional tax. what to do?
whether future trading of commodity will be speculation loss or business loss
whether goverment should provide any concession to the black holder to get back the it ?
I work with a Govt company.
I have made payment to a party and not deducted TDS on it. TDS had to be deducted @ 2% on that amount.
Now I need to rectify the problem of my last payment. What procedure should I follow.
We are ready to pay interest and deduct the TDS from the party's next payment.I am putting the facts:
1) Payment was made in February, April, May and June, 14.
2) No TDS was deducted on it.
Option which I am considering:
1) Deduct the TDS amount from the current payment for all the previous payments in the current date.
2) Pay the same with interest.
Question:
1) How to pay the interest amount (practically) like which challan??
2) How do I show it in the quarter 2 of 2014 return??
Please help me out its urgent
Dear Sir,
Can Exemption of Agriculture income be adjust against STCG?
Please reply as soon as possible.
Thank You
is there any way that i can file income tax return of assessment year 2012-13.
Partnership firm has loss in year say 2012-13 year Rs.20k (PSR 1:1 i.e., two partner) In current year 2013-2014 ,partnership firm has a profit of Rs.40k as per p&l a/c. so firm will pay the tax on Rs 20k after adjusting the c/f loss of Rs 20k. So my question is that is 20k is exempt profit for each partner or they have to pay taxes on Rs.10k...???
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Tax audit u/s 44ad(5)