income from business and profession

News

Due date of wealth tax return extended to 31st August


F No 328 08 2015 WT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi dated the 27thJuly 2015 To All Pr Chief Commissioners of Income Tax Subject Ex

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Cost inflation index for 2015-16 is 1081


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION ii GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION INCOME T

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Simplification of ITR forms and issue of Pan cards


The Government has simplified Income Tax Returns ITR Forms for individuals and HUFs not having business or professional income In ITR Form No 2 and 2A the main form does not contain more than three pa

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IPC result to be declared on 31st July


The result of the Chartered Accountants Intermediate Integrated Professional Competence Examination held in May 2015 is likely to be declared onFriday the 31st July 2015 around 4 00 P M and the same a

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Result of the CA Final May 2015 & CPT June 2015 exam declared


The Institute of Chartered Accountants of India The Institute of Chartered Accountants of India ICAI established under the Chartered Accountants Act 1949 to regulate the profession of Chartered Accoun

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Experts Opinions

Wb professional tax


IN F Y 2014 15 P TAX RETURN LIABILITY EXCEEDS RS 30 000 SO WE NEED TO FILE QUARTERLY RETURN IN 2015 16 OR NOT IF NOT PLEASE TELL ME THE REASON WITH NOTIFICATION NO

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Professional fee to the partners


Dear Friends Experts Please guide me on the following IF POSSIBLE Two Doctors formed a Partnership Firm and serving the patients through their Hospital Query Is it appropriate to get Professional Fee

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Set off of business loss against ltcg


for the AY 2015 16 the assessee is having loss from one business and profit form another business during the year the assessee has LTCG from sale of land in computax software loss from business one ha

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Regarding taxation for online business


Hi I run an online business with the following income streams and need advice on whether I need to register and pay for sales tax or service tax for any of them 1 Website development and maintenance s

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Exemption under 54f income tax act


I had Sale the property in the year 2012 and purchase the New Property in the same year on my Son s name i am Joint owner in the new Property purchased can i Claim the exemption under Section 54 of in

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Discussion

Query regarding professional misconduct

Is it permissible for a Company Secretary in whole time employment to act as a Company Secretary in other companies as well on retainership basis Will it amount to professional misconduct

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Tax on out of court settlement on release of business rights

My father passed away intestate and he was running a small construction proprietory business As legal heirs we do not wish to continue the business and hence we transfered our rights to a civil contra

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Diversion of income

Hii all I had a company of 70 employees all my employees are taking leave for 5 days a monthto go homes as thier family position is not well hence company decided to give standing order that 20 of sal

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How to show dividend income in itr

I received some amount as dividend from indian companies i want show this income in my Income Tax returne Please suggest me how to show this income in ITR under which section

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Pension income is taxable or not

if a person retired from food corporation of india in march 2014 after that getting pension 26500 per month then the total pension received is 318000 for financial year 2014 15 would the income is tax

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File Download

  • DTL SEC 10

    Sec 10 Incomes not included in total income

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  • Income Computation and Disclosure Standard Handbook

    Income Computation and Disclosure Standard Handbook

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  • Return of Income for AY 2015-16

    USEFUL NOTES FOR STUDENTS OF ICAI ICSI

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  • Calculation of Arm's Length Price

    Income Tax Act 1961

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  • Methods of Calculation of Arm's Length Price

    Various methods of calculation of Arm s Length Price under Section 92 C of Income Tax Act 1961

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Articles

Bajrangi and Bahubali, etc. like now Income Tax Department have target of Crores


Karneeti Part 108 Bajrangi and Bahubali etc like now Income Tax Department have target of Crores Arjuna Fictional Character Krishna Income tax department on 17th July 2015 has given target to find New


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Side effects of choosing chartered accountancy as a profession


No doubt Chartered Accountancy is one of the toughest courses which not only gives you edge over other similar professions but also respect in the society But the journey isnt easy Everyone tells you


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Income tax deduction in India


Everyindividualwho earns an income inIndiais supposed to pay Tax on the Income earned by him during that financial year to thegovernmentofIndia Calculation of theIncome Taxto be paid by anindividualis


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New to income computation and disclosure standards (ICDS)? Here's what you need to know


INTRODUCTION Background Section 145 2 of Income taxAct 1961 empowers Central Government to issue Income Computation and Disclosure Standards ICDS Key Features of ICDS 1 Effective Date of ICDS is01stAp


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Agriculture Income and Expenditure, etc more details asked in New ITR


Karneeti Part 104 Agriculture Income and Expenditure etc more details asked in New ITR Arjuna Fictional Character Krishna in last week Income Tax Department has issued forms for filling Income Tax Ret


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Updated on : 7/30/2015 1:05:12 AM





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