Is a freelance Journalist who earns income by contributing articles/ news stories in business journals covered by sec 44AD, if his gross earning is lower than 1 crore and declare his income @ 8% of gross receipts?
Journalist is not covered as Profession in sec 44AA.
Will his activity be treated as service business or as profession?

Dear Sir,

My brother is a Major Shareholder (60% around 10200 shares @ Rs. 10 per share) in a small IT Company and he is drawing a salary of Rs. 30000 p.m. (My brother is not received any dividend since this company is a just one year old company)

My Query is while filing the individual IT Return do he need to show the investment in these shares in IT Return?

Dear Sir,
Suppose FD was taken in July 2012 and the period of FD is 15 months. That mean fd will be mature in fy 2013-14.

1. In the above case whether the assessee has to show accrued interest from July 12 to march 13, in his IT return for the fy 2012-13.
or
He can show the whole interest in the return of FY 2013-14.

Please clarify.

SIR,

I HAVE REGISTERED UNDER NEW SYLLABUS 2012 OF ICWAI, I HAVE`NT RECEIVED MY STUDY MATERIALS YET. PLEASE CONFIRM ME IS THERE IS ANY CHANGE IN THE SCHEDULE OF SUBMISSION OF ANSWER PAPERS FOR STUDENTS REGISTERED UNDER REVISED SYLLABUS. EVEN THOUGH QUESTION PAPERS HAVE UPLOADED 2 WEEKS BACK...ONLY

Dear friend,

My exempted income is more than 5000/- therefore i have to furnish return ITR-2.

QUESTION 1
One house is owned by me. I have no income/loss from this house property.

Please advise me If it is compulsory to mention above property detail in my ITR-2.

QUESTION 2
If I have one more property and only one room is constructed, is it compulsory to fulfill detail of this property.

thanks & regards
Parveen Vinaik
9896145201

Should I claim Travelling Expenses of My wife. She is depentant on me.

COMPANIES ACT

if a company is incorporated in the month of march 2012, is it required to file the annual returns for the financial year 2011 -12.

can we use the concept of extension of financial year under the companies act.

INCOME TAX

is it required to file the return for the financial year 2011- 12?


regards,
subhashchandra.

Mr.X has received huge amount on sale of an immovable parental asset on 22.03.2013, in this transaction he has earned Capital Gains in terms of several crores. The tax liability arising from such gains was deposited to Govt A/C before 31.03.2013.
Though the total tax liability of Mr.X was deposited before 31.03.2013 but the amount of tax deposited till 15th March was not sufficient due to the capital gain which arise on 22.03.2013
In this situation I want to know whether interest u/s 234c will be applicable or not.

COMPANIES ACT

if a company is incorporated in the month of march 2012, is it required to file the annual returns for the financial year 2011 -12.

can we use the concept of extension of financial year under the companies act.

INCOME TAX

is it required to file the return for the financial year 2011- 12?


regards,
subhashchandra.

one of my client applied st-1 amendement at 15-6-13 but he does n't give details to st office till dtae. what is the circumstances & how many days St dept. give for this submission?