As per section 62 income from irrevocable transfer is chargabla to tax in the hands of transferor only if power to revoke arises even though such power is not exercised. But if a person has not exercised such power then why would it be chargabla to tax in the hands of transferor? Any logic behind it?

if tds is deductable on salary but not deducted by employer then is it allowable as expenses?

dear sir, please tell me about VAT amendment

Dear sir,
As a individual I have earned income by selling the goods other party & i m getting commission for that. So for the purpose of to Return ITR do i need to keep books of a/C ? under which head I should show this income.

a friend of mine from nepal is an article trainee in a firm in new delhi. he has completed his 15 months articleship but wants to take transfer. both the employer and the article are ready for transfer on mutual consent. but what can be the reason provided to ICAI regarding the same.

tds u/s 194 c is required to be deduct or not while making payment by co to co-operative society for anual flat maintance charges

As per sec 194IA , Is property means Land , buliding or Flat ? If assessee makes two or three registeries of one Property then he is liable to deduct tds u/s 194IA

A assessee hires a truck for transportation of goods and pays freight of Rs. 2250000/- to truck owner . Is hiring of truck and pays freight to truck owner comes u/s 194c. If yes then as per 194C assessee is not liable to deduct TDS if transporter furnushes PAN or assesse files TDS return without deducting TDS.. Plz Clarify

if CA doesn't possess cop and still he signs tax audit then what penalties are leviable?

If a part of the property is used for business and profession the income from which is chargeable to tax and if remaining part of house property is let out then will the full amount of income will be considered as house property income or how?