dear sir whether may clients has open firm or company whether tds applicable to firm without audit case and he has to apply tan number.

dear sir may client has fy 16-17 turnover of 5000000 he wish not to pay tax and he can decalars profit below 8 % and he can audit under sec 44ad .in audit case how much pay tax.please specify audit due date for ay-17-18

Dear Experts,
Pls clarify my following doubt relate to sec 269ST....1) can a person pay the amount of 4 Lakh through 2 cheque of two two lakh to single person... 2) can we deposite the cash more then 3 lakh in our bank account in single day....3) can we receive cash of 4 lakh in single day from two different person...4) can we receive the cheque of more then 3 lakh from one person?


Thanks & Regards
Mukesh Gupta

As a Employer , is it possible to consider Advance Tax paid by employee himself.

Is there any place in TDS Return to insert Advance Tax paid by employee

. Please note, employee don't have any other income.

a assessee start retail business has expected 3.5cr turnover p.a. his expected g.p rate is 15% and business is complicated ... and he take help of his family members (6@4.5 lac as salary and interest@12%)p.a. and given rent to huf 4.5 lac 1600 sf area shop ...and finally shows n.p around 6 lac can it is possible... by tax low. hope all family members r filled their returns on time. or other option is create partnership firm and distribution of profit by way of salary and interest as active partner . and finally shows net profit of firm .05% I.e. 1.75 lac ...which is more benifitial for tax burden ...

Suppose I have sold a plot of land on 30.09.2016 with Rs.50 lakhs for which the long term capital gain comes to Rs 40 Lakhs. I want to invest these 40 Lakhs in NHAI bond. I have received advance payment in 5 instalment say on 05.01.2016, 15.03.2016, 05.05.2016, 08.08.2016, 30.09.2016. When should I make investment in 54EC bond, at the time of final sales deed i.e. 30.09.2016 or as and when i have received the advance money?

hello sir/mam, i filed an itr4 for my client and showing some income from coaching classes and some income from 44 ad for coaching classes i fill profit & loss account but for 44 ad income i did not filled any balance sheet and profit & loss account .... so i want to know whether they can issue notice under section 139(9) and when i ll get notice how to reply that notice....and what should be the best method to file itr in case of income from coaching and some business income too....can i fill tution income in other sources and business income in 44 ad...so that he should not want to prepare books of accounts. Thanks plz advice expert.. in two three dayz i hv to file another return for 16-17 a/y ...so that i does not do dis mistake or any mistake again in filling return

hello One of my client has received a notice from income regarding non filing of income tax return. I have already submitted the online response to the letter but the letter contains a point that requires a acknowledgement needs to be submitted to AO within 20 days of receipt of letter. What shall i do now do we need to send the acknowledgement or it is not required pls guide me in the above matter thanking you in advance

hi friends, my friend filed IT return with Balance sheet and P& L account not with in due date on 12.08.2016 and subsequently the return become defective return. he filed response in online by saying not agree with error. he doesn't get refund till feb 2017 so he filed revised return for the same but not got refund amount. he called to CPC they return to filed u/s 139(9) based on that if the defective return response earlier given showing but i am not file return. please some guide me its urgent

I just started a business of fabric printing. I print the fabric in two way
1. When client provide the fabric
2. When client not provide the fabric, we have to just print the fabric and give to them

So my question is that is there is requirement of vat and service tax registration

Please guide me. I waiting for your suggestions.

Thanks & Regards
Hari