Dear Sir,
In case of a assessee, who is a civil contractor and his contractual payments are only 21 lacs and also opted section 44ad for the same.
Please advise on one point, whether the form 16A issued by deductor and assessee's bank statement is sufficient to prove turnover before the AO.

Please clarify.

suppose, i purchased Life time software for unlimited patient usage from Belgium. can a TDS applicable on payment of that purchase ?

My client is going to start a scheme. There are around 450 members. Each member will have to pay Rs. 2500 p.m. for 60 moths. There will be 60 draws in which lucky winner will be awarded with big prizes. At the end of the scheme each member will receive a plot of land at pre-decided area.

Now my question is that plots will be alloted at the end of 5th year. But installments will be started from first year. Now how to show these installments in the books of accounts..? As income in P & L or advance Under current liability..?

Constituent of my client is registered partnership firm.

Hi,
My query is regarding capital gain issue. I had booked a flat in a society 2 years back in 2010 of Rs. 42 Lacs and possession of it was after 3 years in 2013 but in june 2012 i have transferred this flat to some one else at Rs. 55 Lacs and invest the same amount for booking of other flat.
My query is that whether i will be attracted capital gain tax if yes then is it Long Term or Short Term and secondly whether i am eligible for exemption under section 54.

Thanks in avance

Whether Leave Travel Concession Exepmtion can be claimed only by government employees or employees of Private Ltd CO also.

I am employed in a Private Limited Company .Ca i claim the exepmtion of LTC

IS there any TDS liability on ordering foods from hostel dealing in restaurant

eg: i order 1000 lunch box from xyz restaurent, shal i liable to deduct tds on payment.

I m working in hospital. Our hospital is affilated with an university in USA for providing PG course in medical. Student paid course fees to us and out of that money we transfer amount in dollars to university (their share.)
My problem is I m filling Form 15Ca for transferring dollars to university.Whether TDS will be deductible on this payment or not?

i want to file salary return of my client through NSDl site (Excel utility) but its asking for employer's tin no. which is not available because my clients employer have not the same and also xml file is not generated whithout it.

The above section provides about the submission of PAN details of Transporters to the Income Tax Authority in the prescribed Format and withing such time as may be prescribed.Whether any such time frame to avoid deduction of Tax on payment made to Transporters & Format till date has been prescribed by the Department?

sir,

we are clearing & forwarding agency, i have one query regarding freight charges, as per our auditor, they are saying that you should nullified your freight account for eg.
if we charged 100/- to party & paid to air/ sea rs. 50/- in this case rs. 50/- is income but the auditor says difference of rs. 50/- should be shown under the freight income and both exp & income should be nullified

so my query is, is this mandatory to nullified freight account if yes than there is any circular or notification regarding that....