Amit Jain
14 February 2017 at 22:02

Sale of Easy Recharge

Suppose A is a sub distributor of BSNL easy recharge. He has a turnover Rs 50 Lakhs. He is earning Rs. 25,000/-. On his earning no TDS was deducted. Now my question is that whether section 44AD will be applicable in this case and his earning will be assumed 8 ℅ * 50 Lakhs = 4 Lakhs.

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Abhishek Roy Choudhury
13 February 2017 at 22:36

Partnership deed

Dear Sir,
A Partnership Firm which is going to form on 01.04.2017 and as such the Partnership Deed was made on that date. The question is can the Partnership Firm apply for the PAN Card now.


Thanks,
Abhishek Roy Choudhury.

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Abhishek Roy Choudhury
13 February 2017 at 22:33

Partnership deed

Dear Sir,
A Partnership firm which is going to form from 01.04.2017 and as such the partnership Deed was made on that date. The question is whether the Partnership firm can apply for PAN Card now.


Thanks,
Abhishek Roy Choudhury

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Anil Jaiswal

hello, Sir our hotel works as LLP, in MP, pays commission to Make My Trip and Goibibo etc on hotel booking. I receive bill for the commission plus service tax which is 15℅ with no abatement as per amended provisions. My query is whether I need to deduct TDS and if yes under which section and at which rate. (194-c, 194-H, and what will be the exemption limit) please guide

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Rajesh2345
12 February 2017 at 12:54

Itr form query.

Hello experts,
I have one query regarding ITR form for file a return.
my wife earns private tution income then whether form need to be filled is ITR1 or ITR 4 ?

under what head that income need to be declared ? is it Income from salary or Income from other sources ?
she also earns FD and saving bank interest and that income will go under income from other sources.

Thank you.

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Sandeep K
11 February 2017 at 17:47

Reg. capital gain

If a person sale his irrigated agriculture land which is situated around 10km far from territory of municipal corporation, he sold it in Rs. 25,00,000/-Lac in which, he purchased a agriculture land of Rs. 10,00,000/- & rest 15,00,000/- he invested in commercial establishment / Shop.
will it attract capital gain provisions?

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cvsraidu
11 February 2017 at 12:58

super senior citizen

Is a person born on 8-4-1936 eligible for 500000 basic exemption

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Sehmil
10 February 2017 at 20:09

40 b

What is the provision of Sec 40(b) of Income tax for fy 2016-17

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SALMAN
10 February 2017 at 18:38

tds

dear sir, if we have paid some Chq of commision within year but didn't deduct TDs in this situation what we should do? plz suggest help me out thanx

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Guest
09 February 2017 at 14:44

Applicability of TDS to Railways

TDS on payment of licence fee to railways for tower space. Thank you.

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