My one of the client is registered under Trust.. trust is running the college and charges fees from the students and also gets donation corpous as well as other than corpous fund... i have a question that where i should disclose these income in the computation while filing the return and under which head i.e whether in other income or business ...
Corpous donation 3250000 Rs
Other than corpous donation 423840 Rs
Bank Interest 65005 Rs
Fees Received Rs 28751600 Rs
Interest on FDr 194258 Rs
Revenue Expenditure Rs 23728102
Depreciation Rs 2831365
Net Income Over Expenditure 2875236 Rs
Capital Expenditure on Fixed Assets Rs 12845491
Fixed deposit made D.Y 200000

Please tell me how and where i have to feed the data in the return

Sir/madam,
Suppose....
During f.y.2013-14,
I have earned total income of Rs.60,000 from providing personal tution to students of 5th to 8th standards, at their homes(not at any tution/coaching classes).
This income is received in cash. Not in bank a/c. Or not by cheque.

Should this income be shown under the head ''income from business or profession'' ?

And if yes,then will there be any problem regarding not getting registration for providing such service of tutions?
Because I have not got registration for providing such tution services?
And I do not maintain any books of accounts for such tution service.

Please, give me guidance.

is there any requirement to file NIL tds return 24Q for 4th qtr 2013-14.
if yes what is the penalty for late filing.

I have my CA Final on November 2015. I want to start my study for Law and Audit. Since, the course for Law is amended for now. what is the possibility that there can be other changes / updates in course for November 2015 examination? Should i start studies for theory subject as Law and Audit or should i wait??

Please suggest me.

Auditor of Trust register u/s 12A issue audit report 10B can also issue Tax audit report 44AB simultaneous. plz clarify one of my client required tax audit report with 10B report for Bank finance.

CA Dilip Rawal
Mob: 9907558506

IS CHARGING DEPRECIATION MANDATORY FOR ALL THE BUSINESS UNIT (ESPECIALLY FOR FIRM)?

Can a payment of more than 20k be made to different individuals in a single cash voucher.

Free Telephone at Residence of employee by employer.
IS this taxable or not??
in the heads of income from salary..

I want to know if we . take cash from sister for prepayment of home loan then what will be the tax amount I have to pay. pls advise.

Respected Sir/Madam,

I want to submit form 112. I ought to give condonation application as I haven't submitted form within 30 days from the registration in other course.

My query is whether condonation application is signed by my CA employer or not?

Kindly suggest me as soon as possible.

Yours faithfully,
Hardik Patel.