Hi....

An individual is getting tds U/s 194h, then too she doesn't have any brokerage income...which itr should be filed and is it mandatory to fill p&l and BS...... i think for AY 2017-18 ITR- 3 will b applicable for the above case...

Pls advise......

Thanx

A farmer sold his agriculture land in FY 1415. Whole consideration received in cash, after he deposit whole amount in his son's bank account because of at time of selling land he has no PAN. Now his son received notice from IT department that non filing of return and deposit cash. What is solution?

My query is how e-way bills can restrict unfair practice through billing process under current indirect regime?

please clarify whether service tax will be applicable on the service providing by the a entity(a) to arranging or bringing the customer to shops or places of other entity(b). for such arrangements b paid fixed commission annual as per agreement between a and b.

Respected Members of CA Club,
If the one of the firm who is LLP has PT Registration certificate wef 10/02/17. whether the firm is liable to Pay Profession Tax of employees for F.Y 16-17? what is the effective criteria to decide applicabilty of PT Payment? Please help.

Whether PAN of partnership is required to be changed while converting into the company?

Assessee has a total turnover of 50 lakhs from his trading business. He opts for 44AD and files the return for 4 lakhs as Incem and pays the tax accordingly.

His margin in this particular business is more than 25 percent. Hence he purchases a property for Rs 12 lakhs.

Now, how can he explain it to the IT officials at the time of scrutiny or in the future whenever necessary , the source for purchase of property as the retun ncome is only 4 lakhs. He doesnt maintain proper books of accounts as it is not neccessary

i am going to work in big 4 which will be best areas to work for tax or audit which will be more demanding and lucrative in future accordingly i will choose that? thanks in advance

Taxability of FD maturity proceeds along with reference in income tax act? (I am NOT asking about interest, but Principal proceeds)

1.A NRI HAS A RESIDENT SAVING ACCOUNT IN A BANK AND HAS NOT INTIMATED THE BANK ABOUT HIS RESIDENTIAL STATUS FROM RESIDENT TO NON RESIDENT, HIS RESIDENT ACCOUNT HAVE CREDITS FROM HIS FORIEN ACCOUNTS ONLY, NOW HE WANT TO REPATRIATE HIS FUNDS IN RESIDENT ACCOUNT TO FORIEGN ACCOUNT.WHAT IS THE PROCEDURE AND COSEQUENCES FOR NON INTIMATION TO BANK OF HIS CHANGE IN RESIDENTIAL STATUS.IS THERE ANY SORT OF LIABILTY ON BANK.
2.A NRI HAS PERMANENTLY RETURNED BACK TO INDIA 10 YEARS AGO BUT HAS NOT INTIMATED THE BANK ABOUT CHANGE OF HIS RESIDENTIAL STATUS. WHAT WOULD BE THE CONSEQUENCIES OF THIS FOR THE NRI AS WELL AS FOR THE BANK.
3.IS IT COMPULSORY FOR NRI TO HAVE PAN IN SAVING ACOUNT