does share trading by indivsale comes under
section 44ad business and can file return on the basis of no accont basis than what shall write in form(IT-4S) COLUMN51 AGAINST TOOTAL RECEIPT
Can I use one single series for Retail and Tax Invoice. For Example
Invoice No 01 is Retail Invoice.
Invoice No 02 is Tax Invoice.
Invoice No 03 is Tax Invoice.
Invoice No 04 is Retail Invoice.
Can I do this.
Sir,
Return for fy 2012-13 relevant Ay 2013-14 is submitted on 26.03.2014. So we have to select code 11 for u/s 139(1) or code 12 for u/s 139(4). PLZ guide
If 139(1) is selected and return is submitted Wht are the consequences.
Thanks
My client is a state govt. servant has received arrears of salary in Oct, 2013 for 52 months ended in March, 2012 and has submitted 'From 10E' to her employer for claiming relief u/s 89 for not deducting TDS from salary.
Please tell me can she claim the relief before her A.O. or not because she has not applied to her A.O. before submitting Form 10E to her employer and if yes then how?
I am an accountant of a Pvt, Ltd. Co.
Shall I have to consider repayment of principal and interest of home loan by an employee, while calculating TDS on his salary?
fixed assets A/C DR.
TO p& l account
(being fixed assets are revalued at the fair value and amt tr to p & l a/c .
in partner Ship FIRM , IS ABOVE TRANSACTION FALLS UNDER Tax implication ?
pl support with explanation on above query
sir please tell when an assessee is liable to pay advance tax?
sec 208 only makes it obligatory to pay advance tax in every case where the advance tax payable is rs 10000 or more but it doe not tell when advance is payable...
A PERSON HAS PURCHASED PLOT IN 1986 FOR 40000RS
SOLD PLOT ON APRIL 2013 FOR 30 LACS .
IN THIS TRANSACTION CAPITAL GAIN WAS 30 LACS
CONSTRUCTED HOUSE PROPERTY FOR 36 LACS,
CONSTRUCTION STARTS IN JULY 2013 AND COMPLETED IN MARCH 2014
BUT HE HAS NOT DEPOSITED CAPITAL GAIN OF 30 LACS IN CG DEPOSIT SCHEME
IN WHICH YEAR RETURN THIS TRANSACTION IS REQUIRED TO BE SHOWN, IF CONSTRUCTION COMPLETES IN APRIL 2014 THEN?
I had lost 1lac in shares. Can I get any exemption in any section, while filing IT returns??
My Jijaji passed away in Nov-2011 and his last return was filed for FY 2008-09 manually. After that due to serious illness he could not give attention to file his return till his death. He was having rental income and TDS was deducted by rent payer till last. Now can my sister file a return for FY 2009-10 & FY 2010-11 as legal heir of my Jijaji and claim a refund for both these year? Are there any penalty for late filling will be assessed? Pl guide.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 44ad