we have 2 business business 1 is wholesale in
nature profit margin 5% turnover 7136120 NP 356806 while business 2 is of retail in nature profit margin 30% around, turnover 1016150 NP 295384 we have filled itr 4S turnover 8152270 income decleared 652190.Now
case is under 143 AO is on the opinion that
since business 1 profit is below sec 44AD limit hence tax audit should have been done
and using 4S is wrong...........
respected sir,
i am a registered student of IPCC after passing CPT in july 2011 and registered for IPCC on August 2011. I have completed my ITT & OPT training according to icai guidelines in june & july 2012.
Now i have completed my b.com with 62.76% which is eligible for direct entry scheme for articleship.
my query is whether i will have to do again ITT & OPT training before starting articled training under direct entry scheme ? (which i have already done under existing scheme of IPCC)
please i need a quick reply...!!!
yours faithfully
ROHAN
Respected Sir / Madam,
one of my client is working in TV serial & Films.So, My Questions is how to avail basic exemption while preparing service tax return ST 3 & where to fill basic exemption limit amount in ST 3 form.and also, please give Notification number & SI.No for the same.
Shekhar bandre
022 - 2808 8414
Dear Sirs,
I've two income sources and I've PAN:
1. Rs. 72,000/- pa as a salary for working as play school teacher.
2. Rs. 1,80,000/- from my fixed deposits from different banks.
So my total income for the last year is Rs. 2,52,000/-
I'm getting salary directly to my bank account (Rs. 6000/- pm) but there is no payslip or TAN number for my school.
I submitted Form 15H in all the banks where i made FDs. (I have these FDs since many years and did n't filed Tax return so far)
So no tax is deducted for my total income.
Please guide me whether I should file a income tax returns? or not ?
If I have to file, how can I show my salary in the returns because I don't have any Form 16. Also I checked my Form 26s online and it's empty.
Thanks!
I wanted to know which form should be filled up when one's intership end. Is it necessary to fill 108(It is just have to be given to principle or submitted in institute too) requesting principle to give service completion form (119). We cant get it directly from the principle ( And i will submit 119 in institute). Please help. Please help.
can anyone provide vat rate chart (a.y. 2013-14)
URGENT..........
Dear Sir,
We are manufacturer export, we need to stuff container for export under self sealing, for stuffing container we required stuffing permission in case of self sealing.
Please Suggest:-
A company (Level-3 entity)has entered into a lease agreement for 10 years for Office premises for a sum of Rs. 100,000/- p.a. subject to increase of rental @10%p.a. from 3rd year.
What are the disclosure requirements in Notes to Accounts would be applicable as well as what is the treatment to be done in books of accounts wrt SLM calculations ??
Thanks
I was working on a contract basis with the pvt ltd co. I earned 110000 in the previous year on which company deducted 10%- 11000. Please tell me where the income will be shown in ITR4. In p&l head or Schedule BP . In which cell?? also how to show TDS. Can anyone tell me step by step process. Actually I can prpare for Business but how to show professional income there in ITR4
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tax audit