Sirs,
Assessee has HUF pan no and bank account since 2007 but he has never filed returns till date as he has only agricultu ral income and gift income from HUF members only.( He also has ancestral immovable property). But the HUF has been using the above income in trading in the share market and the profits/income has been much below the exemption limit/slab always.
However, now the assesse wants to file belated returns for his HUF for 2011-12 and 2012-13 as the income is above the exemption limit. My question is
FROM HOW MANY YEARS BACK SHOULD HE ASK HIS TAX CONSULATANT TO PREPARE HIS BALANCE SHEET TO BE ON THE COMPLETELY SAFER SIDE TO AVOID ANY TYPE OF TAX COMPLICATIONS?
KINDLY ADVICE
THANKS
What is the exact or expected date of result declaration of CA Final Nov-13 result.??
As per Section 176 (1)(c )of the Companies Act, 1956 a proxy is not entitled to vote except on poll unless the articles otherwise provide. So if articles provides so a proxy can vote otherwise also than on poll.
But now as per Section 105 ( Provison 2 of subsection 1 of Section 105 ) of Companies Act, 2013 a proxy shall not be entitled to vote except on poll . Nothing has been specified unless as per articles provide . So does it mean that proxy is not entitled to vote otherwise also than on poll even if articles so provide for the same .
Please reply. Thanks
Is service tax and TDS chargeable on International Freight? Service provider is Indian company. Kindly elaborate.
Dear sir
I am working in sugar mills which is as usual seasonal working. ESIC not applicable their. they used to deduct GIS from the salary. I want to know that what is GIS. & how can we take advantage of GIS.
regard
Rakesh sharma
Sec 40A(3) is applicable on capital expenditure or not ?
Please give answer with example
Dear sir,
Our client return filed in timely.
We intimation received of Interest of 234B and 234C. And it is correct.
Now we deposit the amount .
Now what we do solve this demand whether we revise return or rectification?
If rectification filed than procees to file rectification.
Awating for reply.................
Dear Experts,
I have a case regarding cash payment:-
M/s X co. issue cheque in the name of employee of Rs. 40,000/- for purchasing a Mobile Phone. The employee withdraw the cash from Bank and then purchased a Mobile phone.
The question is that whether this payment is cover under Payment u/s 40 A 3.
If any person has gross receipt of Rs.150000 in f.y.2011-12 for job work done for textile industries. Whether such person is liable to maintain his books of accounts as per Section 44 AA? it is to be noted that he has 101000 income under the head salary also for f.y.2011-12.
Answer nowDear all please ressolve my query as i want to know whether a transfree company can issue share at premium to tranferor company in case of 'Merger'
Answer now
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Filing returns for huf