Regarding to draw up any related accounts
This query is : Resolved
30 March 2012
Dear sir/madam,
There is one cilent, for that he needs to file return for the following income as under
1.He runs a tempo, (I think he is covered under sec 44AE i,e he is required to pay tax @ of 5000 p.m.)
2.house property income
3.commission income and
some ch.6A deductions are eligilble to him.
how to proceed with above income's, computation,tax liability, payment etc.
Thanking you
There is one cilent, for that he needs to file return for the following income as under
1.He runs a tempo, (I think he is covered under sec 44AE i,e he is required to pay tax @ of 5000 p.m.)
2.house property income
3.commission income and
some ch.6A deductions are eligilble to him.
how to proceed with above income's, computation,tax liability, payment etc.
Thanking you
30 March 2012
PL NOTE 44AE APPLIES ONLY IF ASSESSEE IS ENGAGED IN GOODS CARRIAGE BUSINESS IF TEMPO IS USED FOR PASSESNGER CARRIAGE BUSINESS THEN NO SECTION 44AE
02 April 2012
Sir, he is engaged in transportation of goods from one to another place within city only.
02 April 2012
sir, he is involved in goods transportation from one to another place within city only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
