hello everyone, my friend is casting director, he provides service to different production houses.. he is presently not liable to service tax but is already registered due to bank requirements, Now I wanted to know how he should prepare his service invoice, and also the payment to actors is routed through his account only... kindly suggest the format of invoice...and weather he should surrender his regist. certificate

One of my client is getting Retainership Fee from a Pvt. Ltd. Company. Can he claim Presumptive Income @ 8% on u/s 44AD because his groos receipts are only Rs. 6.00 Lac Per Annum.

Also can it it mandatory to write Books of Account.

Please Reply.

Dear Reader I got the message in mobile from CPC Bangalore It Department that My ITR For 2013-2014 has been processed and Order U/S 143(1) Will be sent .

What does it mean please clearifu it

Dear Reader I got the message in mobile from CPC Bangalore It Department that My ITR For 2013-2014 has been processed and Order U/S 143(1) Will be sent .

What does it mean please clearify it

If sec 44AD is applicable only for a person carrying on business & not any profession.
Then how to determine the taxability for a person who is carrying on profession & his turnover is less than the taxable limit under 44AB. If the criteria of 8% of total turnover is not applicable to him.Then how is he required to pay tax?????Should we apply the usual tax rate for this purpose????

An individual has taken home loan and received possession in 2013-14 jointly (both property and the loan) along with his spouse.
He wants that the entire interest for the year 2013-14 be claimed by his wife and from the following year the interest is claimed in 50:50 ratio by both. EMIs for the loan are repaid from the individual's account to which his wife transfers some amount from her bank account to his account.
Can this be done ??

Can anybody tell me the tenure of appointment of relative of director u/s 314(1B) and also tell me whether remuneration of relative of director will be fixed or it may be in grading.

Dear Sir,

TDS challans can be verified and confirmed if we provide challan amount. If we dont know challan amount, how can we verify? We know the name of the bank where we remitted.

Pl.Clarify
Thanks You

one of my client ,a private ltd company with autherised and paid up capital if rupees 10 lakhs and having a share application pending allotment of rupees 2 lakhs since 2005, the dept wants to tax it as income from other source

We have completed our Export obligation but we have not achieved Annual Average Obligation in EPCG, and received the query from DGFT.

Please send us the for redemption the EPCG license if Annual Average Obligation not achieved.