awesome post..................bookmarked.........
Rahul Bansal
(Finalist)
(35929 Points)
Replied 02 August 2011
awesome post..................bookmarked.........
CA Priya
(CS Final)
(1049 Points)
Replied 04 August 2011
buddy........ Excellent..... But a request....... Please post it in some word excel or pdf format so that we can dowlioad and keep....
Deepak Gupta
(CA Student)
(15922 Points)
Replied 04 August 2011
Originally posted by : Priya | ||
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buddy........ Excellent..... But a request....... Please post it in some word excel or pdf format so that we can dowlioad and keep.... |
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File Attached
Hemant Sahoo
(Chartered Accountant)
(47 Points)
Replied 25 May 2012
THANKS FOR THE POST ... VERY USEFUL
kawalpreet singh
(proprietor)
(26 Points)
Replied 22 November 2012
kavita kadam
(ARTICLE)
(39 Points)
Replied 29 November 2012
Please anyone tell me that the amount of purchase of Fixed Asset is also consider in the Definition of Turnover for Section 44AB of Income TAx Act.
If the Client having the Bussiness of Builder and Developer.
waiting for reply.
Harish
(CA Student)
(568 Points)
Replied 05 December 2012
Thanks for your efforts. It could be helpful in understanding Tax audit concept.
Dinakar C Korishettar
(TRP)
(42 Points)
Replied 19 July 2013
Thank you sir. It is very much useful.
But
I am not clear about the clause inserted in Section 44 AB(d).
44AB. Every person,—
[(d) carrying on the business shall, if the profits and gains from the business are deemed to be the profits and gains of such person under section 44AD and he has claimed such income to be lower than the profits and gains so deemed to be the profits and gains of his business and his income exceeds the maximum amount which is not chargeable to income-tax in any previous year,]
get his accounts of such previous year 67[***] audited by an accountant before the specified date
After reading this section some doubts will arise…
Kindly clear my doubts.
Thanks with regards
Dinakar C Korishettar
email: dinakarkc @ hotmail.com
Dinakar C Korishettar
(TRP)
(42 Points)
Replied 19 July 2013
I have posted the above post because...
Assessee Details…
Please guide me whether his books of accounts have to be tax audited this year also or he can file his return without tax audit.
Thanks with regards,
Dinakar C Korishettar
CA.Yeshwant Mehta
(President)
(147 Points)
Replied 24 July 2013
Is this section applicable to foreign company having PAN card? Company from Singapore has signed a contract with Indian company to provide professional technical service for which they received big amount and TDS has been deducted by the Indian payee company. Fee received is more then 25 lacs. Valuable advise from the members will be appreciated.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)