Assessee has two business

one of commission whose total commission income will be taken as net profit.

Other business is of trading

Whether we can presume income @8 % or higher from the trading business.

We may take the commission income from Other Sources also.

In this case whether 44 AD will be applicable or not?


Plz guide.

Please let me know the depreciation rate on Freezer used in Ice-cream Parlour...

What is the depreciation rate of air conditioner, computer and furniture as per companies act.

Sir,
Is interest on late payment of TDS allowed in income tax under the head profit under Business and profession

An order was passed by an ITO for AY 2004-05 u/s 143(3) of income tax act, 1961. The assessee preferred an appeal against this order with the CIT (Appeals). The CIT confirmed the order of the ITO. The assessee preferred an appeal with I T A T.

I T A T issued an order throwing out the CIT / ITO order to the extent where the ITO depended on a divisional valuation report as invalid as per covered judicial pronouncements.
I T A T also asked the ITO to ensure that no double taxation takes place in the case and that the correct income be charged to the tax.
NOW:
How much time does the ITO has from say August 2013 when this order was handed over to him ?

From one of our client we received TDS Certificate Form 16A for A.Y. 2013-14 with "Status of matching with OLTAS* U " and BSR code & challan sr no. blank . In 26AS of our company also showing Status of Booking "U".
Our client is not responding on this querry and our CA issaying this Form 16A is not valid we can't accept this . So what we can do for this issue. Please help someone.

what is the procedure to change the Name of Private Limited Company form ROC?

We Import goods on which we paid Cenvat.

when we sale this goods in local market if buyers not taking cenvat credit is compulsory to issue modvatable Invoice.

Ashish

If I want to register for logo under any one class, Am i suppose to register separately for name and logo? Like "ABC icecream" and i have logo too. Then Am I supposed to register separately for name and logo?

sir my attempt is May 2014
what is the chances of applicability of new company bill on my attempt.
I should study directors now or wait for the notification of ICAI till Oct,2013