Hello all,
As per my reading of the sec. 154 i have understood that it is open for the AO to rectify any mistakes if it relates on the judments given by SC in any case even if such judment is passed after the completion of assessment by AO.Pls let me know whether my understabding of the concept is correct and pls correct me if i am wrong.

Hello all,
As per my reading of the sec. 154 i have understood that it is open for the AO to rectify any mistakes if it relates on the judments given by SC in any case even if such judment is passed after the completion of assessment by AO.Pls let me know whether my understabding of the concept is correct and pls correct me if i am wrong.

does a transporter whose annual booking is above Rs.40 lakhs compulsorily require to deduct 1% sub TDS ? If he had not deducted so what should he do ?

Dear Sir,
what is the ceiling limit for Tax Audits for an auditor?

I am running a proprietor concern and my business is providing Staff House to the corporates. i would like to know in which category i will be coming for TDS deduction whether u/s 194C as a contractor or u/s 194 i and in the u/s 194 i there is "Payment of Rent for Building & Furniture whose gross receipts are less than 40 Lakhs in a financial year are not required to deduct TDS” do a proprietor concern comes under the category of Individual because my last year transaction hasn't crossed even 10 Lakhs.

Hi All

We are pune based oompany. We want to raise sales invoice as COMMISSION ON SALE on one of our group company who situated o/s India.

My question is whether we are liable to raise service tax in the Sales Invoice ?

Because as per Rule 4 of Export of Services under service tax act, some exemption is granted for similar type of situation

Kindly advise

Thanks
Amit

Sir

Please tell me the last date to file Revised
return.Original return was filed u/s 139(1).
AY 08-09. and

What does the phrase "before completion of the relevant assessment year" mean? Please a one simple example for easy understanding.


Thanks in advance
HARISH
PCC student

Assessee sold shares results in long term capital gains, buys 3 flats in the same apartment can he claim exemption under section 54F. He does not own any residential property as on date.

Assessee sold shares results in long term capital gains, buys 3 flats in the same apartment can he claim exemption under section 54F. He does not own any residential property as on date.

WHETHER MATURITY PROCEEDS FROM PUBLIC PROVIDENT FUND IS TAXABLE UNDER INCOME TAX ACT, 1961.