The Company is paying directly to organizers of seminar, for attending seminar by its employyes.
Whether the Company is liable to deduct TDS? If yes, under which head?

Condition : - The Industrial Undertaking must begin to manufacture or produce article or thing within the time limit January 7 ,2003 to March 31,2012.

In The Case of an EXISTING UNIT , SUBSTANTIAL EXPANSION SHOUD TAKE PLACE DURING THE TIME LIMIT January 7 ,2003 to March 31,2012

I am not clear regarding Existing Unit.

Is it unit which establish after January 7, 2003 is called existing unit or only establish before January 7, 2003 is called existing unit.

PLEASE GIVE ME REPLY AS EARLY AS POSSIBLE.

THANKS.

How to fill up ITR 5 - column 52 ( P/L A/c )...for firm opting for section 44AF....and having
gross turnover = Rs. 38,00,000 /=

net profit = 1,90,000 ( 5 % of 38,00,000/-)

remuneration - Rs.1,18,800
interest to partners - Rs.25,000
If we fill
gross receipts - 38,00,000
gross profit- @ 5% 1,90,000
Expenses:-(Remuneration+Int.) 1,43,800
Net Profit would come as 46,200...which is not 5 % of G.T.

How to fill up ...so as to reflect that the profit declared complies with the provisions of section 44AF and also the computational provisions of the I.T. Act?

Where to show remuneration & Interest which are deductible from N.P to get firms taxable Income....

Dear Sir,

i am salaried person and my total salary for f.y. 08-09 is 193000/- (including march salary) and my investments are for rs. 33156/-. and i have given my first floor on rent for rs. 10000/- per month and i want to ask that total rent received is taxable for me or not. i have not paid any munncipal tax/house tax in this year due to non applicability the same and its my own house.

Hi
A lot has been discussed about how foreigners are taking advantage of the Indo Mauritius Double Tax Avoidance Agreement (DTAA)to avert taxes in India.

I would want to know how can Indian companies take advantage of the Indo Mauritius DTAA to save taxes and improve efficiencies.

How to fill up ITR 5 - column 52 ( P/L A/c )...for firm opting for section 44AF....and having
gross turnover = Rs. 38,00,000 /=

net profit = 1,90,000 ( 5 % of 38,00,000/-)

remuneration - Rs.1,18,800
interest to partners - Rs.25,000
If we fill
gross receipts - 38,00,000
gross profit- @ 5% 1,90,000
Expenses:-(Remuneration+Int.) 1,43,800
Net Profit would come as 46,200...which is not 5 % of G.T.

How to fill up ...so as to reflect that the profit declared complies with the provisions of section 44AF and also the computational provisions of the I.T. Act?

Where to show remuneration & Interest which are deductible from N.P to get firms taxable Income....

How to fill up ITR 5 - column 52 ( P/L A/c )...for firm opting for section 44AF....and having
gross turnover = Rs. 38,00,000 /=

net profit = 1,90,000 ( 5 % of 38,00,000/-)

remuneration - Rs.1,18,800
interest to partners - Rs.25,000
If we fill
gross receipts - 38,00,000
gross profit- @ 5% 1,90,000
Expenses:-(Remuneration+Int.) 1,43,800
Net Profit would come as 46,200...which is not 5 % of G.T.

How to fill up ...so as to reflect that the profit declared complies with the provisions of section 44AF and also the computational provisions of the I.T. Act?

Where to show remuneration & Interest which are deductible from N.P to get firms taxable Income....

sir, our tally data still corrupted...whether it is do correct...what should i do...plz reply me

If a company is not running busniess and only ROC & Audit Fees Exp. incurred since last 3 years.
1 Income Tax Return filling is compulsary or not for that co
2. Any penalty & prcecuission may be made on the same or not. if filled late return

Hi,

as per para 43, clause(d) of AS 14 particulars of the scheme of amalagamation sanctioned ubder a statute are to be given in notes to accounts.

is it the whole scheme which should be reproduced in notes? or to what extent these particulars should be given in notes.

pls. help...

Thanks

Manish