Dear Experts,
Please clear this doubt.An Individual does not owns any vehicle but carries on transport business i.e., he receives freight from companies and pays freight to the Lorry owner after deducting his service charges.Now my question is whether i can file his return on presumptive income basis u/s 44ad showing income as 8% of gross receipts.

I WAS FILE ITR-1
SHOW TDS 4790 ANS SAME REFUND
BUT DEPARTMENT SHOW TDS 80 AND SAME REFUND
BUT MU 26AS SHOW TDS 4790
GUIDE WHAT I DO. MY A/C'S TAX CREDIT MATCHED WITH 26AS , GIVE SUGGESTION

why we have to file quarterly er6 and annually er 5

any body can explain

WE REQUIRED YOUR OPINION IN ONE CASE,
ONE OF MY CLIENT HAVING URBAN AGRICULTURE LAND AND HE PURCHASED THE SAME LAND IN THE YEAR OF 1994-95. AND IN THE YEAR OF 2004-05 HE TRANSFER AROUND 50% LAND TO HIS SON WITHOUT CONSIDERATION AND THE REMAINING 50% LAND IS TRANSFER IN THE YEAR OF 2008-09. NOW THE LAND IS IN THE HAND OF SON.
NOW SON WAS TRANSFERRED 50% LAND IN HIS WIFE'S NAME IN THE YEAR 2012-13 WITHOUT CONSIDERATION.
IN THE YEAR 2013-14, HE WANT TO SALE THE ENTIRE LAND.

SO, MY QUESTION IS THAT,
1. HOW TO CALCULATE CAPITAL GAIN IN THE HAND OF SON, AND FOR INDEXATION WHICH AMOUNT SHOULD BE TAKEN, COST OF ACQUISITION OR FMV ON THE DATE OF TRANSFER.
2. MY CLIENT HAVING ONE HOUSE CAN HE CLAIMED DEDUCTION IF HE PURCHASE ANOTHER HOUSE U/S 54F.

Hello sir,

My CA final result is due on jan 2014. I am thinking to start a software company and provide auditors, companies and other professionals. which is very rich in look and high features at a low cost.

i don't like to practice or job. want to do something different and unique.

can you suggest will it be right.

Do u think it will work.???

also specify any other career after ca other than traditional practice or job??
thanks in advance

how to study to crack ipcc xams

sir.... pls suggest me dat i opend a new cafeteria whre food will b sold... Suggest me if i need any registration of service tax as well as any other registraion in any ACT. eg. food adultration Act... pls suggest mr sir.. ASAP....

Please help me with a good book for costing, as I have started studying after 2 years gap and costing is a bit confusing for me

insurance paid at the time of purchase of car. wheather insurance paid to be capitalised or not???

Dear All,

We have a client who is a registered co-operative society. such society has taken a loan which is interest bearing. Due to business losses, such society was not able to pay such interest and made to provision of the same.

Now such society wants to issue the shares in respect of such accumulated provision. So can society do so and whether IT provisions will attract on it.