44AE

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Non-inclusion of audits under sections 44AD, 44AE and 44AF in the "specified number of tax audit assignments"


Clarification regarding non inclusion of audits conducted under sections 44AD 44AE and 44AF in the specified number of tax audit assignments In order to clarify the doubt raised by majority of members in respect of inclusion of audits conducted under sections 44AD 44AE and 44AF of the Income tax Act

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Sec 44ae


Can I give goods carriage vehicle owned by me to my friend by an agreement 5000 per month

Sec44ae


Maine ek heavy vehicle loan per purchase kar liya and I want to give to my friend Rs 5000 per month on rent Can I do that Kya all income from vehicle mere friend ki income Maani jayegi

44ae


SIR I HAVE TWO TRUCK AND ONE BUS PASSANGER VEHICLE OR OTHER BUSINESS PURPOSE CAN I BENEFIT SECTION 44AE FOR TRUCK AND BUS

return file u/sec. 44AE


dear sir is there any option in ITR to show numbers of vehicles we have

Section 44ae


Gross receipt of Rs 7300000 form plying leasing or hiring of 4 heavy trucks for the financial year 2015 16 and also tds deducted now i want to file my income tax return so please tell me easy and correct way to file my ITR

Discussion

44ae- presumptive taxation

Ais the owner of 5 vehicles and he taken 3 vehicles on rent basis fromB Cis one customer ofA CapproachedAand asked him to shift his goods fromKolkattatoBangalore By using of these 8 VehiclesAshifted goods of Cand in returnAreceived 100000 Like thatAshifted goods ofD E Falso Total Revenue earned from

Tds applicable on section 44ae.

Sir My client will make a IT file by filling ITR 4s Section 44AE on his income of rent from hiring tata ace in a company Company is paying approx Rs 22 000 25 000 p m in cheque or on account Section 194 C or 194I will applicable on it Please guide me anyone

Service tax on section 44ae

Sir Any service tax will applicable for income from rent of vehicle who has 2 vehicle and adopt section 44AE as presumptive basis in ITR 4S He is receiving his payment by bank from company in his own name Trade licence also his own name Is there any service tax applicable on him Please clarify me

Sir, how to show in itr 4 in bp schedule 44ae income.?

Sir In ITR 4 in BP schedule when Total income shown in 35 ii its shows negative balance which column to fill up so that no negative balance shown Plz suggest

Regarding 44ae of income tax act

I m in a business of plying leasing and hiring of goods carriage having 4 trucks and also opted for 44AE AND SHOWING INCOME 7500 PER TRUCK but now I received cheque regarding more amt So may I have to show more income per truck and not opted for 44ae Or just show under 44ae and nothing to do with ex

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Section 44AE of the income tax act


SECTION 44AE OF THE INCOME TAX ACT 1961 INCOME IN CASE OF ASSEESSEE IS ENGAGED IN THE BUSINESS OF PLYING HIRINGOR LEASING OF GOODS CARRIAGES Applicability This section applies to all types of assesses whether resident or non resident who are engaged in the business of plying Hiring or leasing of goo


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Updated on : 2/24/2017 2:44:08 PM


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