Respected experts my client have registration under service tax act. he want to pay tax on menpower supply. he is service provider. how much he have to pay tax 25% of tax or complete 12.36%. please guide me.

What is the athentication code in TRACES ?

Dear Sir,
There is a person who is resident of Dubai, earning Income from FDR arising in India Amounting Rs.7000000. so please guide us what tax rate will be applicable for his income???
Is normal tax rate will be applicable or there is some special rate for NRI with reference to DTAA????

Hi everybody !!

I am a CA and working full time with a MNC in India. Can I also run a business on my name ?

Please suggest as to how can I do it if it is permissible by ICAI ?

Thanks.

A FIRM HAVING SALES LESS THAN 1 CRORE AND HAVING LOSS IN ITS BOOKS OF ACCOUNTS, WHETHER THE FIRM IS REQUIRED TO GET HIS ACCOUNTS AUDITED OR NOT .....BECAUSE AS PER SECTION 44AD AUDIT IS REQUIRED ONLY WHEN THE TOTAL INCOME EXCEEDS THE MAXIMUM AMOUNT NOT CHARGEABLE TO INCOME TAX AND IN CASE OF FIRM THE MAXIMUM AMOUNT NOT CHARGEABLE TO INCOME TAX IS 0

One of my clients has paid 10 lacs advance to contractor without deducting TDS in F.Y. 2012-13 and now he is depositing the TDS in July-13 moreover he has not filed his TDS return for last year. what could be the interest & penalties?

Dear Experts,

I am a LIC Agent, Woman Assesse. I have earned Rs. 35000 as insurance commission on which Insurance company deducted Rs. 3500 TDS u/s 194 D.

I have never ever filed Income Tax return as there were no deductions in my commission amount.

Some people suggest me to file ITR-4 and showed this income under Entry 51 as not maintaining books of accounts under Gross Receipts Rs 35000.

Or I have to file ITR-1 and shown this income under Income from other sources Rs 35000.

I have also earned Rs 3250 thru my bank account sb interest.

I am a part time agent and I will operate from my home, work for 4months only.

Pls suggest the correct treatment in order to get the TDS refund as I have no other income apart from that.

I have recently attained NRI status. I have an S/B account and FD account linked to it in India.
Excess TDS is deducted on my resident FD account (as I have no other income in India)
- Can I hold a normal FD account?
- Can I claim refund of the excess TDS deducted?

Dear Sir,

i hv nill income in fy 2011-12 if i will file my nill return of fy 2011-12 is it may be possible panalty of rs 5000/- for belated return

rgds

Dear Sir,

Rs 500000/- is turnover limit in which not required to take tin no in delhi

but i want to know the turnover limit of 500000/- is montly turnover or yearly turnover limit ?