banner_ad

Mohd Sarfaraz Latibani
18 March 2014 at 17:23

Income tax compliance

I have received a mail from Income Tax Department for Non Filing of Income Tax Returns for AY: 2010-11 & 2011-12.
As my Taxable Income was Below the limit, I have not filed the returns.
The following details were available in Income Tax Website.
Related Information Summary.
INFORMATION CODE : CIB-403 & TDS-94A.

As I have to fill the details online.


Atul rana
18 March 2014 at 17:20

Compensation

i have received rs. 20 lacs as a leave apart there to. what is tax liability for it.


Bharat

Respected Experts

I have following Query related to Trust IT Return...

The trust has subscription income as well as advertisement income.

Trust is publishing a monthly magazine or we can say monthly news paper trust is get print this magazine (news paper) from a publisher and after publishing of the magazine the trust sent these magazine to their subscribers by post or by courier.

subscription amount is Rs 100 for year and 5000 for life time subscriber.... and if any one want to give their advertisement in this magazine then trust can publish their advertisement in this magazine and for that trust is charging the money from that person and in accounts this amount shows as income from advertisement

my query is that while preparing the IT Return how to deal with subscription income and advertisement income means under which head this income would be shown.... is it income from profit & gain business or profession???????? and what about the expenses related to the publication of the magazine and courier of the magazine...

Please expert help me in this matter and if possible then please give me proper and detailed answer....

Thanks a lot......



Anonymous
18 March 2014 at 17:14

Gratuity to director

Whether Gratuity could be paid to Director of a Private Limited Company?



Anonymous
18 March 2014 at 16:56

Term deposites

If a term deposite made on 1-6-2013 is for 2 years and it matures on 1-6-2015, and the depositor/holder of it takes the whole interest together at the end of 2 years, ....then will the whole interest amount be taxable for f.y.2015-16?

Or will the interest amt be taxable as following?:
Interest of fy 2013-14=taxable in f.y.2013-14,
Interest of f.y.2014-15=taxable in f.y.2014-15,
And interest of f.y.2015-16 =taxable for f.y.2015-16???


gauri bajaj
18 March 2014 at 16:47

Articleship extention

hello sir/madam

I want to know that if I want to serv my extntd period of articlshp undr another principal by filling form 103 then I wil again hav a mak a Demand Draft in favour of institute.



Anonymous
18 March 2014 at 16:46

Import of gold

How much gold can be brought in India from other countries as per legal rules and regulations in force?
And what are the procedure/formalities for it?

Which supportive documents are needed?
And how much duty is to be paid?



Anonymous
18 March 2014 at 16:37

Info abt articleship

Sir..

I have clear nov2013 attemp of ipcc ist grp.
i hv also done my computer traning n op also..

Plz tell me whole procedure for articelship registration procedure..
last date of registration also.

rply me asap


bishal gupta
18 March 2014 at 16:37

Tax return

I used to do income tax return by one of the agent. Now I want to do it on my own but he is refusing to give me login id and password. What can i do now??pls help.



Anonymous

can a company get salary from other tax payers such as Individual, Firm, HUF, other companies, trusts, societies???????




Reply Soon...






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details