what are the tax implications if an assessee has multiple flats and at a point of time such assessee destroys all the flats and builds a single house in the same area.Please clarify my doubt.thank you

Dear Sir/Mam

As per new companies act share application money pending allotment has to be either refunded or allotted or to be treated as unsecured loan.
My question is what are the implications of treating such application money as current liability. Can a company do so or it has to be strictly treated as unsecured loan?

Thanks and Regards
Drishti

sir my query is till now i didnt recvd my markshhet as i clear my ipcc 1st grp in nov2013.
what should i do besides using e-sahaytha.

Hello
Greetings of the day

I am business man and my earnings are professional nature. I need to file the return online suggested for me is ITR 4. But when I tried to file online it is bounding me to file only ITR 4s (sugam) is both are same, do we have any difficulty by filing ITR 4s , my income is below taxable limit and profit is below the mandatory rate 8%. Please advice how to proceed.

Regards
bhaskar

I have qualified group 2 of CS EXECUTIVE in 2013. But if i want to appear for both the groups again in an attempt to pass them together can i appear for it??
and if i dont pass the exam, will my 2nd group be declared as failed again or it will uphold the previous status of PASS??

even little info will be appreciated..

The assessee ( Proprietor ) was having Tax Audit in FY 2009 - 2010. After that the Turnover Limit of Tax Audit was not crossed / reached by the assessee till date.

For all those years the assessee was deducting TDS from respective payments, depositing in time to the Government & filing E TDS Return regularly.

Can the assessee discontinue the practice of deducting TDS ?
This will give relief to follow TDS formalities regarding TDS.

what is the difference between production and manufacturing?

i want to know that agar currency excange flu.a/c balance credit me aa raha h or debtor party ka baklance bhi credit me h to profit me kya effect padega

helloz..
Plz guide me regarding taking deduction of Int on Housing Loan..and deduction of Principal Amt. For deduction of Principal Amt what should be considered??- as on date (respecive 31st march)outstanding Loan amt or Repaid principal Amt?

Dear Experts,
Kindly solve my problem.
For A.Y 13-14 my firm turnover is 83 lakh and I have calculated profit as per sec 44AD (8% on turnover)i.e 6.64 lakh.If I deduct remuneration & Int. then my profit is 75000/-
so my question is firm is applicable for Tax audit or not ? Because after remuneration profit is below 8%. AND for tax audit Net profit is considered after or before remuneration ?

Thanks
Junaid