Sir, If PPF account is in the name of wife and she deposited in ppf account from her saving account , now her husband wants to claim rebate of that amount u/s 80c from his taxable income since wife does not have taxable income. It is allowable or not.
I am doing typing work (like job typing, typing sale deed documents) as my self employed work and my earning is less than 1,35,000/-.
There is no brand name for my work as I am doing this work in my house itself.
In this case, is it mandatory for me to maintain books of account under Section 44AA for the previous year.
Kindly guide me on Section 44AA(2). Whether it applies to me?
Hello ..Say.. my one of client wants to purchase flat but he want it to be in the name of his wife by giving gifts to his wife...so questions are.. 1. his wife has not filed Itr so far..so now is she required to file nil return to just to disclose gift amount which is exempt. 2. Is any gift need to be drafted or gift can be declared just by giving cheque to his wife. .
i had filed online return but i had sent ack copy after 120 day. In status of return it was shown as return received after due date. my question is wheather i had to file return again or not.
Dear Expert ,i have a querry . One of our client is a charitable trust registered under sec 12AA But apart from charitable activities it is providing two services i.e. Renting of immovable property(giving space for stall at d time of Fair to outsiders) and space to telecom company for their tower and receiving rent and paying service tax on it. Now my question is wherther they can avail service tax input credit charged by security guard agency for all 12 months. Note: space for stall provided for 10 days in a year only and total amount received more than 1 cr. Incl. Service tax.
Dear all, We have a client who has zero income for the year 12-13 (A.y 13-14) but he wishes to file an I.tax return because he has to take an education loan for his son from the bank & the bank is asking for income tax returns of 3 years. What should we do? How to file such an income tax return. Please look into the query and help Thank you. Shruti
How can I check the status of a person that in how many companies he is a director under ROC. And the name of the companies also.
Is it compulsory to get my accounts audit if my turnover is below one crore and i have declared my total income below 8% of total turnover and also below taxable limit for A.Y. 2013-14. More clearly, my total turnover is 75 lacs and have declared my net profit of rs. 1,90,000. My total income is shown Rs. 1,99,000 which is below the maximum amount which was not chargeable for tax for AY 2013-14. Is audit u/s 44AB compulsory in this case?
Hey friends... can u please tell me the cap of fdi in single brand and multi brand retail currently????
Dear Sir
if We purchase and the purchaser charge the freight charges in his invoice which is paid by him to transport,in this case we are liable to pay the service tax on freight charges.
Please let me know the service receiver is liable to pay the service service in case of reimbursement of freight charges
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Ppf rebate