Sir,
A person have started gold business i.e., buying and selling small gold ornaments in retail, he was purchased gold ornaments in cash and sold them in cash and he is opted sec 44AD in his IT returns, is this purchase of gold in cash attracts sec40a(3). What will be the circumstances.

Dear Member,

We are Supplying Rubber Gasket to the Manufacture of Solar Water Heaters

Solar water heaters are exempted as per notification No.6/2002 c.e. item no.237 list-9

Kindly let me know which tariff or non-tariff Notification No. i have to mention in Invoice and returns to avail duty exemption for supply rubber gasket

Dear Sir,

I wish to know the due date for filing of Income Tax Return of Partner of Partnership firm. is it 31/07 or 30/09. The partnership firm is subject to Tax audit. Does it make difference between a non-working/sleeping partner and Working Partner?

Recently I received an intimation which shows exact double amount of Interest u/s 234A. I uploaded an ITR of a Working partner on 11/11/2013, assuiming due date for working partner as 30/09/2013 and according calculated interest 234A of Rs. 3306/- for 2 months. However the intimation shows interest 234A of Rs. 6612/- for 4 months, considering July last date of filing ITR.

Kindly guide.

Thanks
Suraj

sir,
will someone pls tell me how is JAYESH GUPTA SIR'S DT and IDT class?its urgent

THANKS IN ADVANCE

1.Can loans be given to/received from a pvt.ltd.co. by its directors as well as shareholders?
2.Can loans be given to/received from a pvt.ltd.co. by another pvt.ltd. co. where there is a common director?

A Tour Operator Sales a Package of tour to his client for Rs 200,000/- including service tax. and same package is purchased by tour operator for 195000/- from another party who is actual carrying activity of traveling, accommodation and seeing etc.

whether service tax is applicable on Rs 5000 (2,00,000-1,95,000) or Rs 2,00,000/- ?

We outsource our A/C maintenance under AMC to Vendor . He provide AMC bill for 01.04.14-31.03.2015 in which he charge Service Tax 12.36%.

At what % TDS will be deducted on his bill & under which Section it will be deducted ?

Kindly explain......

Our company hiring private Security service for Security purpose. While Paying bill @ what % TDS will be deducted on his bill ?
And
Under which section TDS Will be deducted ?

When security provider is Proprietor .

Security provider charging 12.36% service Tax his bill.

Kindly explain.......

Is there any time limit to allot shares in Private Companies.

Can we pursue Indian CA and ACCA together?

If Yes !!! than HOW????