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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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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

If 44ae is adpoted then where to show depreciation in books


IF 44AE IS ADPOTED THEN WHERE TO SHOW DEPRECIATION IN BOOKS OF ACCOUNT OR WHAT ABOUT THE TREATMENT OF DEPRECIATION FOR PREPARETION OF BALANCE SHEET PURPOSE PLS REPLY IT S URGENT THANKS IN ADVANCE

partnership firm itr s 44ae


a parnership firm is doing business of plying hiring and is providing 7 truck to iocl company in which 4 truck are owned by the partner of the firm and 3 truck is attched with the firm of one individual so my question is that how the itr of firm will file is the 7 truck will be assume for firm truck

Query as per section 44ae and service tax


i am running tour travels business and owned 3 tempos now my gross receipt exceed 10 lacs during the year one of my friend who is accountant by profession told me to take service tax no but my CA says if you take service tax no then you will not get exemption of section 44ae now i am confused whethe

Transporter / 44ae


A transporter getting trucks on hire basis per day or per month doing misc transporting work Can he opt for presumptive taxation u s 44AE What if his total turnover gross receipt from such misc work during the year is more than Rs 1 Crores Any answer plz

Discussion

Individual, 2 vehicles turn over 1.3 crore , can opt 44ae?

An Individual owning 3 Hevay Goods Vehicles Also procures services of other goods transporters which may be more than 10 vehicles in a year Turnover in a Financial year 2015 16 Rs 1 36 00 000 One Crore Thirty six lakhs Can he Opt for Presumptive Taxation u s 44AE Thanks a lot for kind support

Income tax returnd 4s and section 44ae and section 44ad

DEAR ALL I HAVE A BUSSINESS OF Transport and i m not maintain any books of accounts i have two owned truck and i also hire truck and transport goods so as well as my truck and hire truck both i use during the course of supply of service now i want to know that for all truck section 44ae is applicble

Section 44ae and return 4s

i m doing transport bussiness and i have 2 trucks during the course of bussiness i used my truck as well as hire it frm market and transport goods and i m not maintain my books of accounts i want to know that section 44ae is applicable on me or not if applicable than what abt my those income which i

If 44ae is adpoted where to show dep in books of account

IF 44AE IS ADPOTED THENWHERE TO SHOW DEPRECIATIONIN BOOKS OF ACCOUNT OR WHAT ABOUT THE TREATMENT OF DEPRECIATION FOR PREPARETION OF BALANCE SHEET PURPOSE PLS REPLY ITSURGENT THANKS IN ADVANCE

Account book in 44ae income

DEAR SIR MY CLIENT HAS 5 TRUCK AND ALSO ANTOHER BUSINESS OF TRANSPORATION IWANT TO SHOW INCOME OF TRUCK IN U S 44AE AND OTHERS BUSINESS INCOME SHOW UNDER INCOME FROM BUSINESS IN ITR MY QUARY IS 1 CAN I SHOW FIXED ASSET IN B S OF 5 TRUCK IF YES THAN HOW CAN 2 CANMAINTAN OF DEPERCIATION OF TRUCK EVERY

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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 : 9/30/2016 9:49:09 AM


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