Gross turnover of the assessee is below 1 cr & net profit is below 8 % of the turnover. The assessee opts for tax audit u/s 44AB to safeguard him from scrutiny.Please let me know the manner of reporting in clause 10 of form 3CD &/or elsewhere
what is the procedure if i want to cancel my present articles registration as i m not yet registered as it is pending due to my Form 112 and then register again with other principal?? and whether it is possible if i terminate my articles at present and then continue after few months as i have my Tybcom so what is the procedure for that ??
Shop Purchased for Rs.1484000 in 2007 against Shop Loan of Rs. 700000, by mistake Shop remain unrecorded as fixed asset but Loan recorded at liabilities side in the year 2007, now in 2013 want to rectify this mistake of unrecorded fixed asset...please reply asap
if tax payable is 17577 and tds is 15600 what vl be the interest u/s 234A B and C cosidering the fact that return has not been filed yet. pls reply.
Sir,
Can you please tell me the procedure to change firm during first year of internship...?
If i am talking house loan in joint names then will i be getting amount of deduction of Sec.24, 80C and 80EE under each holder's name respectively.
or these are upper limits whether you go for the loan in Joint holder or in sole name. pLease clearify this.
UP TO FY 2011-12 MY CLIENT IS AN NRI AND HE MAINTAINS NRE ACCOUNT AND FROM THAT ACCOUNT HE INVEST IN MUTUAL FUNDS FOR THE FY 2012-13 HE COMES TO INDIA PERMANENTLY AND HE STARTS THE BUSINESS & HE REDEEMS THE MUTUAL FUND IN NRE A/C AND INVESTED IT WHETHER THE MUTUAL FUND REDEMPTION IS TAXABLE & WHEATHER I WANT TO DECLARE THAT MUTUAL FUND REDEMPTION INCOME IN THE CURRENT FINANCIAL YEAR RETURN
please advice me the best books for auditing, income tax , costing and info tech which can provide me more concept...
1) If Mr. A accept first loan from Mr. X on 01/04/2012 Rs.19,000 in cash and make payment in Cash on 01/05/2012. Mr. A accept second loan from Mr. X on 01/01/2013 in cash and repay on 31/01/2013 in Cash. does section 269SS attracts in this case?
2) if in above case Mr. accept second loan on 02/04/2012 and other details remains same, then section 269SS attracts???
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