IS TAX AUDIT MANDATORY IF GROSS TOTAL INCOME IS LESS THAN 250000 EVEN THOUGH TURNOVER IS GREATER THAN 1 CRORE

can anyone tell me the procedure to revise the return which was filled after the due date of return for a.s. 15-16

hi my client is an indian pvt ltd co. it provides software services i.e service tax is applicable. it wants to open a branch in USA. Can you explain the income tax implications in the above scenario in regard to branch. thanks in advance plz leave a quick reply ^_^

Dear Sir, I have valid PAN and filed ITRETURNS till 2012. Now, since last 4 yrs, I am earning Tax paid salaries out of India but remitting funds to India. Do I need to file ITR in India again and maintain same PAN. Kindly advise.

Is Loan and Advance Given reported in tax audit report ???

DEAR ALL,

A GOVERNMENT SOCIETY RECEIVES MAN POWER SERVICES FROM DIFFERENT NGO'S FOR ITS VARIOUS OFFICES. THESE NGO'S CHARGES MAN POWER COST PLUS SERVICE CHARGE IN THERE BILL.

AS AN INTERNAL AUDITOR, I WAS UNDER IMPRESSION THAT TDS IS NOT APPLICABLE & IF APPLICABLE, WILL ONLY BE DEDUCTED ONLY ON SERVICE CHARGES EXCEEDING 75,000. ALSO NGO'S ARE DEDUCTING TDS ON SALARY, IF APPLICABLE, OF THEIR EMPLOYEES WORKING WITH US.

NOW STATUTORY AUDITOR OF OUR GOVERNMENT SOCIETY HAS RAISED AUDIT OBJECTION FOR NON DEDUCTION OF TDS. PLEASE SAVE MY NECK BY SUGGESTING SOME PROVISION SO THAT I MAY SEEM CORRECT. PLEASE HELP.

THANKS
AMIT

when rent is paid for two flats to the same person i.e. same owner, then 194Ib will be applicable for the total payment made to the owner for both the flats together or individually we will consider the limit for each flat for deduction of TDS.

Dear Sir/Madam,

I am a freelancer which belongs to Sole Proprietor category (I think so). I have net profit and personal drawing. Please advise whether both are taxable or only net profit? It would be great if you can quote section number or judgement.

Thanks,
Ajit Kumar.

a client whose regular assessment for the A.Y.
2015-16 came with a tax payable of 6330.00 although there is no income
reflected on the form 26 as still the IT dept shown a difference the
states are as follows:-
Income shown by assesse- 310134.00 and as per IT dept it is 370882.00
can u guide me how to find the difference between these 2 and what to
do in this case.

Who introduced tax in India