hello freinds in case any company doing trading of ny product lend some money in market on interest,will dat interest b treated as pgbp income or other source interest?? and say i hv gp of 2 lac and int incm of 10 lac bt i hv business expenses of say 7 lac..can i show my taxable income as 2+10-7=5 lac ?? hope m clear on my query..

Dear Anyone,

I have a doubt regarding I.T. for Female Slab rate for F.Y. 2013-14 age below 40 years.


And Commission on Sales, what is the limit.

Can commission can be added to IT after deducting the TDS to the employee.


Can you give me the clarification.

Can you plz tell what are the Declarations required to be obtained from a Director at the time of Appointment ??

Dear sir,

Plz guide me in calculation

Total Receipt Rs.1200000
Abatement@60% Rs.720000
------------
Taxable service Rs.480000

hence below exemption limit( Rs.10,00,000), so no question to go for services tax obligation.


Wheather i am right ....

I am in receipt of arrear from A/y 11-12 onwards amounting to Rs 19 Lacs.
The issue is that i have not filed any return in any of the previous years.

Can i Get any relief in this case, if yes, how much relief can be claimed.

Its a private limited company and the company wants to issue and allot shares to outsiders. sec 81 not applicable as per the articles this private limited company so there shall be no requirement for preferential allotment. Is there any subscription agreement which should be entered between the company and the proposed shareholder being an outsider, if yes please provide a draft agreement for this purpose.

While computing TDS - salary, how to take the Interest paid for Let-out house property? Where should be the Income from House property (Rent) be shown? Should it be considered for salary TDS purpose?

What is the rate of TDS deduction on remuneration paid to partners??
Is it covered under section 192 or 194J??

CAN CA IN PRACTICE BECOME A DESIGNATED partner/PARTNER IN A LLP

One of my client wishes to establish a Milk Dairy Plant where he will purchase milk from more than 5000 farmers and in return he will give membership and shares to them. At the end of year he will also distribute profits to them.
So my question is in which form we should go with: whether public ltd. co. or society or any thing else.
The controlling stake should be in my clients hands only.

So please guide me.