there is a transporter(individual) who has its total income around 60 lakhs with no claim under 10AA or deductions of any income under C, and also he doesn't own any lorry,Nor the transporter have any commission or agency income.
so,would he be covered under presumptive income or not.

If applicable,Is there other way out in which there won't be any need of tax audit, nor the transporter have to show 8% income.

How is it possible?

Dear Experts,

Can a Working Partner draw any amount of Salary..as per Deed ??

Thank You.

dear all . whatever i had studied (ipcc) just slipped from my mind . now it seems that first time i m studying any topic. now less than two moths is left and i m feeling very nervous .what should i do?

if i just want to pay all my emi before given duration of time then in that condition ,how much i have to pay

sir
i am a medical professional .i am doing my profession in individually name .i have two savings accounts and one current ac in individual name.please clarify
1. can i transfer some sum from current account to savings account or savings ac to current ac to earn interest from savings ac for surplus money.
2.for personal investment purpose like share tradings,fds ppf etc can i deposit cash directly to my savings ac.?
3.is it necessary to deposit cash first in current ac instead of saving ac ?

what is reverse charge in servise tax

dear experts,

i had rectified one ITR6 in respect of ay 11.12 by selecting taxpayer correcting tax paid detail's and correcting one invalid tan into valid tan but all other valid tans have disappear and huge demand has come.pl let me know how to rectify it.
subramaniam
9884173610

please tell me when p.f. liability arise on employer and what is slab wages.is it applicble to worker or employee or both??????

if tds is deducted on rent recd and bank int as shown in 26as,then what will be jnl entry to be passed for tds in b/s?

What is the meaning of PLA ?? Important information regarding That..