Anonymous

I have audited my books of accounts u/s 44AB for A.Y. 2013-14. My turnover is Rs. 3 crores and my net profit is Rs. 1.90 lakh which is below the taxable limit. Is it compulsory to file my return of income or not?


Rajesh

Dear Experts,
Pls tell me which is the section for penalty and interest for non-payment of TDS within the alloted time limit. Also tell me the % of interest or penalty. How it has to be calculated?

Thanks & Regards,
Rajesh


M.N.GAJENDRA
25 February 2014 at 14:03

Non filers


SIR / MADAM,

ONE OF MY NEW CLIENT,

FILED HIS IT RETURNS FOR THE ASST. YEARS 2007-08 & 2008-09 THROUGH ONLINE.

NOW, HE WANT TO UPDATE HIS INCOME TAX FILE,
IN MEAN TIME HE HAS RECEIVED A NOTICE FROM THE INCOME TAX OFFICER, STATING THAT, YOU HAVE NOT FILED THE RETURN OF INCOME FOR THE ASST YEAR 2010-11, IF YOU HAVE FILED, SUBMIT THE COPY FOR REFERENCE.

AS PER MY KNOWLEDGE FOR THE ASST. YEARS 2009-10, 2010-11 & 2011-12 DUE DATE EXCEEDED.

KINDLY SUGGEST IN THIS MATTER



Anonymous
25 February 2014 at 13:44

Filing of itr

Can anyone tell me which ITR will be filed by MBBS doctor pursuing post graduation, who get stipend every month after deduction of TDS at the rate 10%


Krishnan
25 February 2014 at 13:27

Sales tax

Dear Sir,

we are builder in madurai., We have constructed in apartment in Joint venture basis for the ratio of 60%( Builder ) and 40% ( land owner).

Now we have pay the sale tax on good consumed + 15% GP and what ever tax 5% or 14.5% we pay the tax and take the input credit also.

We have pay the sales tax on entire construction.

In this method

1. this is correct method or not?
2. suppose if any other method suggests?



Shraddha
25 February 2014 at 13:25

Period of mtr from no.6 (cst challan)

Hello,
As customer denied to give C Form for the Dec'2011 now we want to pay CST with Interest till today so what will be period for the same in Challan .Can I put period 1/12/2011 to 31/12/2011 (inv date 8/12/2011) or 8/12/2011 to 31/12/2011. Plz help.



Anonymous


RENTAL INCOME FROM A PROPERTY USED FOR COMMERCIAL PURPOSE HELD BY 3 OWNERS (IN THE RATIO 30% , 30%, 40%)IS RS. 2900000/-.

WHETHER SERVICE TAX THRESH HOLD LIMIT OF RS. 1000000/- IS CONSIDERED FOR THE WHOLE PROPERTY OR ON THE INDIVIDUAL INCOME FROM SUCH SERVICES.


ojasav
25 February 2014 at 13:17

Lease rent on hotel

The assessee constructed a hotel with rooms and provided all the furniture and facilities for its running and leased it out to somebody

Now the question is whether lease rent received shall be assessed as Income from business/ Income from House Property.



Anonymous
25 February 2014 at 13:16

Revalidation of ca final registration

Dear Sir/Madam,

My CA FINAL Registration is of 2007, and till date i have not applied for revalidation of my ca final registration. I want to appear in May'14 exams. Can i apply for the exams online ? Will there be any problem as my ca final registration is older more than five years. WIll the THE ICAI withhold my results.

Please clarify at your earliest, i have apply for the exams.

Expecting needful reply and co-operation.


Gopal Joshi
25 February 2014 at 13:01

Tds u/s 194i

Is TDS applicable on payment made to hotel for room rent charges. My owner company book rooms in bulk for seminar, training and other curriculum for its employees and Its total amount is more than Rs. 1,80,000/-.

IT'S URGENT






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