Dear Sir,

My client is in IT outsourcing business. He fetches the work online and the same is done through his employees.

His gross receipt has exceeded Rs. 25 lacs.

Whether he is liable for Tax Audit?

It is a business or profession?

Please guide

Thanks in advance.

Hello Experts,

I want to know, how it would be benefecial to Pvt Ltd Compnay to donate fund and avail deductions whaile paying income tax.

Basically in this i need guidelines/rules for Pvt Ltd companies for donation and availing deduction according to income tax act.

DEAR EXPERT,

IF I HAVE MADE MEDICLAIM POLICY ON DTD 26.03.2012 FOR PERIOD 28.03.2012 TO 27.03.2013 SO CAN TAKE TAX BENEFIT FY 2012-13 UNDER 80D

PLEASE SUGGEST

Kindly send me a detailed checklist for name change as my company is intending to change its name. it is listed in BSE,NSE and MCX SX.We are DP registered with NSDL and CDSL.

Please treat this as very urgent

Regards
Kavitha

Dear Expert,

I am new to Service Tax Matter. Was goimg through RCM Notification no 30/12 where point no 7 says Rent/ Hiring of any motor vehicle designed to carry passenger on "abated value = 100%" & "Non Abated
Value= 40%" I want to know what Abated Value means? Any fixed amount value is given for Abated & Non abated Value? Please Help.

hi experts,
how many days notice we should give for passing a special resolution.
with regards,

sir m giving cs both mod exc..............ds year..........in last attempt i didnt cler my both mod .plz suggest me how to prepare for the exam.........i want to get through these exams ds time......plz help me out

Sir
I want to know the duties applicable and exemption if any on import of Bitumen in India.
What rates are applicable on it?
Kindly Help.

Thanks and regards.

can I do m.com from IGNOU? now i m pursuing c.a. final.i was pursuing CLAT thats why I could not do B.com.

If an assessee is having receipts of 12.5 lakhs, & having profits of 4lakhs.
So, as per S-44AD he can show proits at Rs.1 lakhs i.e 8%.
But he neither wants to show 4L or 1L, & instead he wants to show profits at 2.5L (He is just willing to show this much amt., but having no reason/base.)

Query: Whether A.O can raise question on his disclousre of showing income more thn 8% without having any base of showing such amount(2.5L), & not showing actual income ??