Dear sir
i have deducted 194j technical servicess,
and i prepaired ETDS 26Q then sumitted to NSDL office then iam getting Challan.
our supplier asking form 16 how will i prepaire please help on this
Sir I hav completed my 1st yr of articleship on 31 may 2013...
Now I want to take transfer...
Plz help me how can I tke transfer...??
What are the tax and tds implications if an NRI comes to india and sells property situated in India to Ordinary Resident of India?
please tell its implications u/s 195B
I have queries related to Audit under section 44 AB and it goes like this:
The assessee is a proprietorship concern engaged in software development and has earned revenue of Rs 34 lacs during F.Y. 2012-13. My Questions are:
1. Whether the activity of software development is a business or profession?
2. Should we also read section 44 AA along with Section 44 AB to determine whether it is business or profession? Section 194 J also talks about specified profession and it includes information technology . But section 44 AB is silent on this.
3.And if it is a profession it is liable to audit for A.Y. 2013-14 As it crosses Rs 25 lac
Dear Sir / Madam,
If any person has filed ITR 1 after filing it comes to his knowledge that he was to file ITR 2 with more information. Then what should he do?
Regards,
Abhinay Singh
Kindly suggest me the appropriate division of industrial activity as per NIC for the below object clause
To transact and carry on the business as importers, exporters, manufacturers’, representatives,
distributers, agents, brokers, factors, consignor, consignee, stockiest , commission agents,dealers, traders, service provider for the processing of the foods items, medical equipments,agriculture produce or all kind of goods, Commodities, merchandise by irradiation process and packaging of such items and import and export.
An assessee (Male - 38yrs) is expected to have following incomes in the FY 2013-14:
Income from HP - Rs 7,60,000
Income from business - Rs 89,000
Income from Other Sources - Rs 42,000
According to his investments, he will be eligible for deductions as under:
80 C - Rs 1,00,000
80 D - Rs 5,500
80 TTA - Rs 10,000
Give some good suggestions on how to minimize his tax liability for AY 2014-15?
Dear all experts i have purchased a land and its registry is under my name is done in fy 2012-13 of rs 565000/-. it is compulsory to show my property in my income tax return or not please advise me.
i have only salary income and insurance income lic commission which is below the limit of tax
so ur guidance is important to me
thanks to all
A persion is NRI. He has capital gains in india. What is the taxability?? At what rate??
Also if that person doesn't have any othr income in india. So will the basic exemption limit of rs 2 lacs b applicable on such cap gains
I am Proprietor of a Firm. I have paid an interest on unsecured loan for rs. 25000. Should i deduct tds on same or not & why?
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