if the agri. income exceed rs. 40 lacs then is it liable to tax audit under sec. 44AB of income tax act,1961 ?

assume that the assess has no other income exceed rs. 5000/-

if we change the method of valuation of inventory from fifo to weighted average method then it is required to change the value of opening stock and adjust the difference with the current year profit or loss.

and the other thing can A.O. rejects the change in method of valuation of inventory that we have adopted ? can he disallow the treatment ?
Please give me any case reference or judgement for this situation.

i want some section reference or case judgement in respect of construction of road in the internal part of factory.

construction of road in general term is exempt in the scope of service tax under sec. 65 but i want specifically any reference or case judgement of the said case.

just cleared cpt?can anyone tell me how imp. is it to take coaching,or can ipcc be cleared without it?

A government employee is receiving arrears of salary for last 3 years starting from FY-2006-07.The entire arrears are getting deposited in his PF Account(as per govt policy).He can not take benefit of 80C beyond Rs.100,000/- but he can take benefit of relief under section 89.
Can anyone tell me while calculating tax of last 3 years for relief u/s 89 can i revise deduction u/s80C? As entire arrears are getting deposited in PF.If anyother remedy please suggest.

Hi

My question is regarding Tax Audit.

Mr A has a propreitorship concern where he is doing commission work for various companies. His total basic commission is less than Rs 40 Lakhs, but if we include service tax, surcharge & edu cess the same is above Rs 40 Lakhs.

Is his firm subject to TAX AUDIT.

Please advise.

Thanks
Gautam

Dear Professional Brothers,
My query is

Can a HUF name can be changed? If yes, then how?
Further that, Can the name be changed in PAN data also and can the Income Tax return be filed with the same PAN but with changed name?

whether sales tax collected in respect of sales made has to be included in the "total gross sales, turnover, gros receipts" for determing the treshold limits of Rs.40 lakhs for audit purpose

I want to know how and where i can get the fair market value of a land property as on 01-04-1981

Pls guys, help me in this matter as Im new to filing returns.

Where is the manually filled ITR 1 form to be submitted?
What are the documents to be submitted alongwith? Are they to be submitted to the Assessing officer of IT deptt?Are originals or xerox needed?

Pls help me as deadline is near for individuals!!

Thnx in advance........