does notification number 48 of mega exemption list apply to renting of immovable property also ?
Salary, allowance and perquisites received from the government of India to a person outside India for services rendered outside India is taxable or not..
Can I know the how the process of exchanging old notes in RBI and it's requirements
if an assessee receive salary of month of march 2015 in april 2015,then whether it will be taxed in F.Y.2014-15 OR in F.Y.2015-16
while filling income tax return,in personal information, address should be current or permanent?
Old students of our school was planning to form a Charitable Institution for helping the poor students and also planning to do some social wok. In which form we should register?.Trust/AOP/Society ?? We have donations from our members residing outside india.We should also get Tax exemptions.Please help
Dear All,
I run a company which deals in GPS Trackers. We provide Hardware bundled with Service to our clients.
Our Bill is mostly like
GPS Tracker x1pc x 10,000 INR + VAT
In actual this includes hardware cost and rent advance for 5 years since it has become a market trend that we provide hardware with free service for 5 years.
Lets assume we buy hardware for 4000 now our profit becomes 6000 because that is advance rent but still we have to pay it to the telecom operator over next 5 years + we have to pay server charges assuming our expense over next 5 years to be Rs.4500 our actual profit is only Rs.1500
How do you suggest we post it in our books of account ?
How should an actual invoice be made, should we split the components in Invoice into 2 parts i.e. Hardware 4000+VAT & Item 2 as Adjustable Security Deposit Rs.6000 ?
We have to pay Airtel @ Rs. 50 per month for next 5 years but if we show 6000 profit we pay 30% tax on it.
Please let me know how we can tackle this situation.
can anyone guide me which book should I prefer for Costing of Ca Final. In my last two attempts I got 39 marks I am unable score good marks in costing please help me out...
Dear all, I am trying to focusing on my studies.. Before I sit for the studies, I take the commitment that I must study for 4 to 5 hrs.. Bur after sometime, my mind get distracted.. Yes I know I have to work hard.. But implementing it, ie., for continuous studies.. Very tough for me.. Sir I have lots of material to study.. The time is passing.. Please help me.. Kindly provide the simple study tips or strategies through which I can study better day and night..
I have filled manually return in 2009 for TDS refund Assessment period 2009-10 cheque was cancelled due to wrong account number. Account number was correct but one digit in account number was missed.Many times I have submitted applications in Income Tax department,but no response,now should I do??????
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
service tax