MALKEET SINGH
30 June 2014 at 22:43

Reg:stitching income

can somebody tell me..

Under the Which Head of Income Tax, the Income of House Wife from Stitching Activity at house has been Shown?

regard

Malkeet

Answer now

vijendra B N Gowda
30 June 2014 at 15:04

Get the password for e-filing portal

one of my clients does not activate his e-filing links while the register for e-filing,now he has to file the returns for AY 2013-14 but if send the mail for validation his registered address of Pan card is mismatched, he says, he does not remember the address which he is given to pan, how to get the login password for e-filing of return in this scenario.

Answer now

GK
28 June 2014 at 21:25

Selling flat below circle rate

Suppose Mr X has recently received the possession of new flat. Now he wants to sell the flat to Mr Y within few months from the possession.

Mr X wants to avoid short term gains.

Hence he enters into agreement with Mr Y such that Mr Y will buy the property after 40 months for a price of Z.

What if Z is below circle rates after 3 years ? Or the circle rate at the time of agreement will be considered ? If the circle rate at the time of possession is considered, the capital gains would be long term right ?

Answer now


Anonymous
28 June 2014 at 17:42

Audit required or not?

my client has textile business income for financial year 2012-13 : 172511/-
(6.176% of turnover)
turnover is 2792980/-
interest income : 33569/- i.e. total income 206080/-
then necessary audit required, if not doing audit. then profit should 8% of turnover (persumtive income), yes or not

please urgent...

Answer now

jatin

i have transport buisiness 2 light good vehicle one in my name and other in my uncle firm name and on instalment which i pay in cash i want to know how the net taxable income is calculated or what is minimum income thai is to be declared for income tax talking into account all deductions(e.m.i maintainance,depriciation,fuel cost,driver salary and others)

and also do i need to maintain record of expenses like maintainance cost,fuel amount or we can trake it as random )

Answer now


Anonymous

Dear Sir,

Can Indexation is available for Plot Purchased by Assessee in 1992 of Rs.147514/- and it is sold in 2013 for Rs.30,00,000/-.

Answer now

Suchendra Kotiyan
27 June 2014 at 07:10

Capital gains

Sale of silver utensils consisting of thalis, katori and tumblers meant for personal use is it taxable under capital gains?

Please help as in T N Manoharan ipcc book it says it is not taxable

Thanks in advance!

Answer now

sindhu
26 June 2014 at 17:51

Depreciation

sir,
can depreciation can be calculated as per useful life, if we calculated as per useful life of the asset(computer) if any netblock of the asset remains even if the useful life asset is completed how we have shown in the books as per as6.
for example
asset value:10000
useful life:3
rate of percentage:16.21%
net block after 3yrs: 5137
in this case net block of the asset is remained and useful life is completed how to recongnise the dep in the books
please solve the query urgent.


Answer now


Anonymous
26 June 2014 at 10:01

Property sold

Hello,

We sold the property in last Sept,13.Now we would like to file the returns for AY 14-15. is need to show the mention the sale details in ITR, Purchaser deducted some TDS on Gross Amount.

how we would claim that, is we need to pay any tax on sale of Property.

Answer now


Anonymous
25 June 2014 at 19:11

Excess tds paid in f.y. 2012-13

Dear Members
A company has paid excess TDS Rs. 2,50,000 in Qtr. 4 for salary. As per notification it has to only get by refund request online. But in actual this refund request page shows error
"This functionality is disabled due to technical issue".
Then please tell me what is procedure to refund it.
All TDS payment already made for F.Y. 2013-14.
Please help me.

Answer now





CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query

Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details