how do i go about the filling of return of a AOP, what are the provisions relating to it.
what are the compulsory disclosures to be made.

is there any website from where i can get the related information.

basically i need to file a return for last three years of a AOP( called MANDAL), its an association of persons which basically collects some money from people in concerned area and along with contribution from members to celebrate SHRI GANESH CHATURTHI festival.

so how do i go ahead with this...

hope you'll resolve my query
thanks!

I pay a transporter 17k in April wthout knowing if i will engage the services again in the current year. Yet again i engage him and pay 19k in July, yet again 18k in September.

Till September I have paid less than 50k so i have not deducted TDS. THen in September, knowing I'll exceed 50k payt to one transporter I have to deduct TDS.

How much should i deduct , is it for the whole 54K that i have paid? and when ?

I pay a transporter 17k in April wthout knowing if i will engage the services again in the current year. Yet again i engage him and pay 19k in July, yet again 18k in September.

Till September I have paid less than 50k so i have not deducted TDS. THen in September, knowing I'll exceed 50k payt to one transporter I have to deduct TDS.

How much should i deduct , is it for the whole 54K that i have paid? and when ?

I pay a transporter 17k in April wthout knowing if i will engage the services again in the current year. Yet again i engage him and pay 19k in July, yet again 18k in September.

Till September I have paid less than 50k so i have not deducted TDS. THen in September, knowing I'll exceed 50k payt to one transporter I have to deduct TDS.

How much should i deduct , is it for the whole 54K that i have paid? and when ?

If X has left India first time on 01-08-2007
and having salary income abroad, then whether that persons salary income will be exempt u/s 6(6)?

Is HRA exemption available if rent is paid outside india

Dear Sir,
A Prop firm raised supplementary invoices in the month of april may 2008, for increase in the prices of steels, the original sales were made in the financial year 2007-2008. My query is whether we can make provision for income related to supplementary invoices in the financial year 2007-08. what is the tax implications whether this income is taxable in the ass. year 2008-09 or in nxt assessement year. As per accounting standards issued by ICAI AS -4 it is an event occuring after the balance sheet date according to that we have to make adjustments in assets and liablilites in the balance sheet for the f.y. 2007-08.
Please resolve my query it ll highly obliged
1. can v make changes in assets & liabilities in the balance sheet as at 31.03.2008 if yes should we make provision for excise receivable as well as per AS-4
2. what are the tax implications whether this income will be taxable in ass. year 2008-09 as per mercantile system of accounting u/s 145
3. can there be any implications under punjab vat act.
Thanks & Regards
CA Rajpreet Singh
2.

Dear Experts,

One of our client paid TDS excess & professional tax short & later they are all this excess or short paid taxes trf. to miscellaneous expenses & claim as expenditure.

I just want know whether this type of expenses are allow or not while computing the total income as per IT Act? if yes or no then what section?

They are also written off certain advances which is not recoverable & trf. to Misc.Expenses.

Pls.reply ASAP.

Regards,
Prakash Jasani

When someone, who maintains accounts on cash basis, receives a TDS on 31st March on professional fees, should the amount of TDS alone be considered as income for the current year and the rest of it next year or the entire amount shown as income for that year.
Say
Income - Rs.1,00,000/-
TDS on above - Rs.10,000/-
TDS deducted on 31.03.2008
Accounts - Cash Basis
Can Rs.10,000/- be taken as income for this year and Rs.90,000/- for next year OR
SHOULD RS.1,00,000/- BE SHOWN AS INCOME IN CURRENT YEAR

When someone, who maintains accounts on cash basis, receives a TDS on 31st March on professional fees, should the amount of TDS alone be considered as income for the current year and the rest of it next year or the entire amount shown as income for that year.
Say
Income - Rs.1,00,000/-
TDS on above - Rs.10,000/-
TDS deducted on 31.03.2008
Accounts - Cash Basis
Can Rs.10,000/- be taken as income for this year and Rs.90,000/- for next year OR
SHOULD RS.1,00,000/- BE SHOWN AS INCOME IN CURRENT YEAR