I am a CA final Student doing article-ship. I wanna persue any other professional course during my article-ship period. Which course would be advisable for me...???

Hello All
I am a accountant and want your kind guidance. I have to file the return under u/s 44AD of Income Tax in Form 4S.
My client has not maintained books. I have shown the net profit of Rs176625/- as per P & L A/c and the Total Gross Receipt is 419360/-.
The Gross Receipt includes GP and LIC Commission.
The details are as under:
Sales 520360
Purchases 335850,Op Stock 180000/-, Closing Stock 49700/- GP 50400/-
LIC Commission 368000/-
Indirect Expenses: 242735/-
Kindly advise how to fill the details in Form 4S u/s 44D.
Regards
Sanjay

I have filed return last A.Y 2009-10. That time i showed income from Business( Trading and repairing of electronics item ). After that i didnot filed any return . Now i want to file the return for A.Y 2012-13 & 2013-14. a )Can i show the income from same buissness?
b )As my shop is not registered can i show that my shop was temporarily closed for some years and now i reopened the same ..thats why having income from Buissness ?
c) Date of filing Belated return .

* I want to claim TDS thats why filing the return .
* My income is approx 160000/- under the slab .

In the year 2010-11 we have missed out an amount of Rs.40610/ towards TDS -while computation.Our is partnership firm.
Please advice whether we can take the amount in computation for the year 2012-13.
Please reply back at the earleist.

hi

whether i can leave b.com after completion of
1st year & to join CWA inter also i am doing CA articleship.

If yes, what is the procedure

Is it a 44AB case?

Please guide me,

1) Whether a Tax Consultant can file ITR4 for this A.Y 2013-14, if…
Assessee is an individual or HUF, having…
a) Total business turnover less than 1 Crore,
b) Maintains his books of accounts regularly.
c) Profits & gains from the business are not more than 8% of his total turnover.
d) Net profit from the business is bellow basic maximum income tax exemption limit, i.e., Rs 2 Lakh and
e) Agricultural Income is more than Rs 5 lakhs.

2) Whether an assesse or a Tax Consultant can file ITR5 for this A.Y 2013-14, if…
Assessee is a partnership firm, having…
a) Total business turnover less than 1 Crore,
b) Maintains his books of accounts regularly.
c) Profits & gains from the business are not more than 8% of his total turnover.
d) Net profit from the business is bellow basic maximum income tax exemption limit, i.e., Rs 0 and
e) Agricultural Income is more than Rs 5 lakhs.

Thanks with regards,
Dinakar C Korishettar.

hi all,
i just want to know few things reg st on service apartments.
1) is st applicable for service apartments.
2) if yes, what is the rate applicable.
3) if the service apartment unit provides room service for the guests who stay in such apartments, whether st is applicable and if yes, at what rate it is taxable ?

if the public limited company already accepted the deposits from public (individual) (deposits taken on 05.07.13) for the period of three months and has not filed statement in lieu of advertisement before acceptance of deposit, Can i file the same now, after acceptance of deposits or is this amounts to non compliance?

Please reply.

Is TDS applicable on Cash payments also, or only on Bank Payments?
(payment is made for any expenses on which TDS is applicable).
(for eg. amount for Labour Contract paid as an Advance in Cash)

residence associaton is registered as a society but not registered u/s 12A .
Interest income is 180000/- Tds deducted by bank is 18000.
the query is
1)isnt income till 2 lakh is exempt as it is aop.?
2)isnt Monthly maintainace charges paid by members exempt from tax-? on the concept of mutuality?
3)can the treasurer of the society be the verifier of the IT return?