First year professional receipt cross 10 lakh rupees..so i have to collect service tax..next year receipts only 9 lakh rupees..what should i do now..?whether collect or not..?

M/s.XYZ partnership firm has sales Rs.3500000 in AY 2013-14 and net income Rs. 400000 whether Section 115JEE (Alternate Minimum Tax) applicable to firm ?. if firm apply section 44AD than section 115JEE applicable of not ?

Dear Sir,
There is a broker, who has received payment from two parties in fy 2012-13.
From first party his payment is Rs. 500000/- and thereon payer has deducted tds Rs. 50000/- u/s 194H, which is also reflected in assessee's form 26AS. And 2nd party has paid him RS. 270000/- and that party did not deducted tds on that amount.

While filing return I would take his gross receipt Rs. 770000/- and tds Rs. 50000/-.
I want to ask that as 2nd party did not deduct tds on payment, whether it would put any adverse effect on my client case?

Please clarify.

Educational trust having registration u/s 12A & 80G. that Trust having income from Corpus & General donation & sale of holy books , for that permission is granted from Charitable Commissioner, then that trust would be applicable for pay the tax. If yes please advice the procedure and limit of the tax & why ?

what does it mean by The sentence written on my IT Return Acknowledge --- " DO NOT SEND THIS ACKNOWLEDGE TO CPC, BENGLURU "

i'm v.srinivas
my SRO number is SRO0441185
i got sro number in feb 2013 but not yet received letter
i contacted with SRO chennai but they are not giving proper response since 2 months

so please help me out in getting my registration letter and guide me to solve this problem ..!!!

if a builder sell his flat at a lower rate than the other customer.. what is the treatment of that transaction under head PGBP..
please clarify it with section reference..

Dear expert,
We are Manufacture of printing machine and want to transfer our old Stock from stock to fixed assets(Machine,)so which type of entry have pass on? and any liability we will have to pay for this transfer.

Thanks
BALRAM

i want to file ITR for AY 2010-11 and 11-12, is there any panelty for filing in case income is below the taxable limit

Hi all

I hail from Ajmer in Rajasthan. I have given CA final in May 2013 and most probably would clear the same. I have a good academic record including 94% in 12th, AIR-10 in CS Foundation, cleared each level in 1st attempt all groups together.

Training Details ;-
Did 2 years of articleship in small firm in Ajmer & had learn variety of work including Income Tax, Audit, Company Formation & e-filing, VAT.

My dad is a practicing lawyer in Ajmer (not related to Income Tax).

Currently doing last year of Industrial Training in a Corporate Office of a Bank in Credit Risk in Mumbai.

Now I'm in a fix.

Should I start my own practice in Ajmer (may be supplemented with CA coachings for CPT initially) or should I continue in Industry after getting CA degree.

Please if anyone can let me know the prospects of both the options keeping in view good future in mind for long term purpose.

Thanks