If my income is 100000 then how will it be computed in 44ADA? 50% of income?? 50000 will be charged to tax? or my net profit taking into consideration 50000 will be charged??

some of the quarter we have no TDS Deduction & Payment, so that we are liable to file nil Return

Dear sir, I have applied for studying CA & paid fees for that. For that, I have rcvd student registration letter. Now, is there is any last date (how many days from the date of letter) to join the class??? If so, within how many days we should join the class? Else, if there is an option for time lag, then how many days we can lag??? Else there is an option for, whenever we can join the class??? Plz...earliest reply would be greatly helpful for me. Thanx in adv.

what is the difference between materiality and performance materiality with example.

hi I doing a cheque payment of 150000 for a writing contract to screenplay writer how much tds should be deducted. thanks in advance

I took leave for final 7 months .But he called me yesterday and said you have to come in September and October irrespective of your exams .Now what I have to do .I am going to write final in Nov .

Friends, please help me in this... Is rotation of auditors applicable to government company? Thanks and Regards

Hello, Is lunch subsidy received by a PSU employee taxable? or it is exempt? Moreover, what about washing allowance received by the same employee.

hello everyone, i m software engineer in a pvt. co. co. give me 20000 per month and has deduct tds. my total tds for the year is 20000 they give me form 16A. now what have to do to get refund. also some my friend suggest me that i have to maintain books ? is it real ? if yes then i have no books and what require to maintain. if applicable plese suggest me.

One of my clients is doing online share trading..... I heard that the turnover to be calculated for these transactions is the difference between the purchase and sale value of the scrips.... The turnover is the net of both the profit and loss on sale of these scrips.... I can't get this point exactly.... Profits are positive figures and loss are negative figures. While computing, should we ignore the negative figures and add both? I my client's case the profit figure is 1,43,650.52. The negative loss figure is -1,66,336.67. So is the turnover -22686.15 or is it 3,09,987.19 ignoring the negative sign? Pls clarify me on this..... Moreover, by IT definiton, this is a speculative business. But as per Securities Exchange definition, Since it is carried out on computer through a recognised stock exchange, it is non-speculative.... Which should I follow?