18 January 2013
sir, JCB machine is given on hire to a company @ 600000/- & which deduct tax on it U/s 194I,also given to another company @46000/- which deduct taxU/s 194C. (1).how can i calculate taxable income (2)can i calculate tax U/s 44AE under presumptive basis more than 8%.(3)under what head my income is taxable.(4)which ITR form shall required. sir plz reply. its urgent