If a person works on part time basis as an accountant. Then which section will be apply for tds? As a contractor 194c basis or professional fees (technicle services) under 194J.

can a firm file income tax return u/s 44AD for the business of goods transportation through leased vehicles (not owned)?

sir, I filed it return of my client in ITR 4. EMPLOYER of my assesse was detected tds u/s 194j . sir filed return itr 4 professional income .and climed refund because they have no taxable income. but m not filed balance sheet . I filled only the p&l recipe amount sale of service head . because they worked in a company & no taxable income so feeled there is no need for balance sheet. but now I received notice u/s 139. what can I do ? is any need for balance sheet ? because they have no investments

Hi from april to june i was working in MNC at Banagalore geting salary with HRA compoment . Hence eligible for deduction u/s 10 (13A) from july to till date i am working in an organisation getting a lumpsum salary of Rs. 30000 PM without any bifurcation hence eligible for 80GG Can i claim both the deductions for eespective period.??How??

If a Newspaper house giving commission to News Agency for distributing news paper.Whether TDS is applicable on this payment.Remind it is NEWS Agency not Advertising Agency. Because as i am sure about the information that as per latest circular TDS is not applicable on amount paid to Advertising Agency as it is considered as Discount but my confusion is on the amount paid to News Agency.Please reply fast.

I own a proprietory concern and deposited 6Lac of SBN. Now notice is to be submitted. How to show Cash Sale and Cash receipts from Customers from whom cash was received. Pls Help.

Whether Profit on sale of Capital Asset (Land) included in Book Profit U/S 115JB?

Sir rec'd income tax notice for depositing 4lacs in Bank in 1000 & 500 notes I am doing doing trading business and filing returns under presumptive scheme showing 8% profit the above amt was paid to supplier by cheque kindly advise what answer should I give to income tax department kindly advise

Dear Sir,

I have filed IT return of my friend for assessment year 2014-15, but TDS was not claimed fully as the amount was not reflected in Form 26AS at that time. However now he came to know that TDS is greater than what claimed in ITR. Income was fully shown in ITR. Return is processed and refund is also received as per claimed amount in ITR. Now the question is how to claim balance TDS amount which was skipped in IT Return? Return was filed after due date. Please guide.

Dear Sir/Madam
I Just want to know that how i calculate advance tax approximate amount.Suppose that My sale up 30.06.2016 is Rs.210000000 and my net profit Rs.8700000. I just want to know how i calculate first installment approximate amount of advance tax to deposit.
My firm is partnership firm.