My assessee is having total agricultural income of Rs.7.5 lakhs pa.Is this amount taxable? whether I can claim any expenses regarding agricultural income...

what is the relation between articleship registeration date nd attemp for final exam?

there is a GTA who raises bil of Rs.100000(Freight) and not charged service tax in his bill because in this case reverse charge mechanism apply. A is the party who pay freight so he will calculate service tax and pay My question how to calculate service tax by Party A
OPTION 1
100000*25/100=25000
25000*12.36/100=3090

OPTION 2
100000*25/100=25000
25000*12.36/112.36=2750

if it is mentioned in contract that rate is inclusive of all taxes then which option is correct?

If the company received share application money in the year 2010....in the year 2014 the same has been refunded an account of non allotment of share......but as per company act 2013 it says within 60 days has to be refund...please clarify can a company refund the same after 4 years...kindly brief up the consequences...??

Sir, can we conduct tax audit u/s 44ab voluntarily if sales/receipts do not exceed the threshold limit?

DEAR SIR,

Standard deduction u/s 24 applicable for which person?

ACT clearly mentioned that this deduction applicable for SPECIFIC PERSON ?

Experts,

One of my clients has made advance payment for import purchase in foreign currency, but later the order has been cancelled and hence the amount becomes refundable.

The seller (foreign party) wants to arrange that refund through one of its concerned party in India, hence the payment is to be received back in Domestic currency (Indian rupees).

Now my question is, is it ok to receive the refund in rupees against the advance paid in foreign currency, or it will create problem from FEMA point of view.

My simple question is, if advance payment is made in foreign currency then refund is also to be taken in foreign currency ?

Please give your opinion on this.

Thanks

If the assessee bears the amount of TDS & does not deduct the same from the amount to be paid to his client i.e pays the TDS from his own account. Will this be disallowed ? If yes then under which section & how should I report this in form 3CD ?

Can any one tell
Under which Section profit on sale of fixed Assets is Disallowed while calculating PGPB, ( if asset sold part of block of fixed and also whole block of Fixed Assets)

I E filed ITR 4 in thr month of feb 2014 .I have not yet received 143 (1).What could be the reason of delay.