Hello Experts
I am doing my CA articleship and I want to ask one thing that wheteher we will apply section 44AD in this case or not, where the business of assessee is to give plant and machinery on rent...or it will be computed under the head income from other sources..??

Thanx in advance..!!

DO INVESTMENTS MADE IN BY PUBLIC LTD COMPANY WITH VARIOUS FINANCIAL INSTITUTIONS WILL BE OUTSIDE THE AMBIT OF SEC 372A IF THESE INSTN. FALLS UNDER THE TRUST STRUCTURE. LIKE UNITS OF MUTUAL FUND OF IIFL

A person is receiving salary and Interest income from partnership firm.
he has paid a car loan interest which he is using personally.
Also He is filing his personal ITR 3.
Can I show This car loan Interest u/s 57 because I do not prepare books of accounts.

Hi,

i was transfer in UK unit of my company from 1st jan 2012 and left India on 28th Nov 2012.

any one can suggest me my residential status for filing of IT return for the Fy. 12-13.

also i have paid tax on UK ,can i avail credit /Refund in UK salary income Tax .

which manner I compute my tax. which exchange rate i use for taking income in my IT return .i receive in salary in UK currency.

Dear Sir,

LIC maturity amount is subject to TDS at on the maturity of policy or not?

Regards,
Rahul Mehra

Hello Sir/Madan,

Can you tell what is Annual Return of LBT. i.e. E-II.

As I am monthly paying my Lbt according to my purchase and sales.

Can you tell what they excatly want in the Annual Return.

Can you send me the sheet for the working of lbt annual return.

From CA Club I have downloaded the annual return and excel sheet of annual return of lbt.

But now i want the lbt return filled and supporting sheet required for lbt return.

Hi, for an individual who is on a contractual employment by a company as a contract consultant (through a contract agency) and is paid monthly based on an hourly billing rate and hours worked during the month and Contract agency is deducting EPF on salary as per law by the hiring company. (i) Is the individual's (Consultant) income treated as business income or a salary? Please response to it.
Thanks

In a private limited company, a shareholder (wife) who is also a director has expired. The legal heir is her husband, who is also a shareholder. There is no will of the deceased.

what will be the procedure for transferring the shares of the deceased to her legal heir? Also, which forms are to filed with ROC?

Thanks in advance.

i enrolled for cpt in Feb and preparing for June attempt but problem i am facing is mathematics. because i am not in touch with maths since 13 years as i passed my 12th in 2001. Can u suggest me what to do to clear about the basics.

Sir,

In fy 2013-14 I has to pay rs. 4000/- as incomt tax, for that what was the last date for submitting Income Tax in the Bank.

Thank & Regards,

Amit Chawan