Matter of u/s 44ae
Guest
in u/s 44ae can i not show following these expanses.
1-salary paid to my employee
2-maintinance of vechile.
3-rent paid to landlore where our office situated.
thanks in advance
As per section 44AE(3), Any deduction allowable under the provisions of sections 30 to 38 shall, for the purposes of sub-section 44AE(1), be deemed to have been already given full effect to and no further deduction under those sections shall be allowed.
Hence, you can not show the above expenses for calculating your profit/loss u/s 44AE.
But if can claim the above expenses only if you claim that your profit is lower than that of the amount specified u/s 44AE(1) and 44AE(2) and you maintains your books of accounts as required u/s 44AA(2) and the same accounts get audited u/s 44AB and furnish a report as per section 44AB.
Regards
Guest
THANKS SIR.
Guest
Guest
in section 80g deduction in respect of donation paid. if we deposit 11000 cash in Jawaharlal Memorial Fund. than as per budget 2012 . if we deposit 10000 or above cash deposit in u/s 80g. than we can not give deduction u/s 80g. but. sir if we deposit by cheque than can i take deduction of it.
Hence, if you donated in cheque you can claim deduction u/s 80G.
Guest
I want to know that what is due date for filing of TDS return (for salary & non-
salary both) for quarter & month ending March' 2012.
Guest
Guest
CAN ANY ONE TOLD ME ABOUT THIS NEW RULE.WHICH TYPE OF THIS EXPECTION. CAN UNDER THESE SERVICE ASSESSE WILL NOT FILL THEIR RETURN PLEASE CLEAR
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