I have recently registered for ipcc as well as cs-executive.. Am I required to take any permission as both are no-where interfering???

[As I would finish-up my ca-articleship, and will complete cs training later on or get exemption so.]

can partner claim less remuneration than that mentioned in deed. e.g. my firm contain a provision that both partner shall be entitled salAry of 10000 per month. whether firm can pay 2000 instead of 10000 or can pay only and only 10000 per month

Please help me know that which Form of return .i.e. either ITR 4 or ITR 4s is to be filed for an assessee with business income & 2-3 house property income & other income.

Also, if such assessee had a Tax audit u/s 44ab in the previous year (2012-2013) then is such assessee necessitated to use digital signature for its ITR return to be filed u/s 44ad, during this current year for current financial year of 2013-2014.

Further, can such assessee get deductions u/s 80C & deduction for interest on housing loan, if she files return u/s 44ad.

Please help me know....

What is the maximum limite for no tax-payment----next What are the slabes of income payment-----nest What are %for tax payment----nest any deduction under,80c--80d is allowed or not? kindly inform me for above on basis of SINIOR CITIZEN & NRI

my partnership income is 30000 before remuneration to partner but my partnership deed contain a provision that both partner shall be entitled for salary of 10000 per month. if I debit salary in profit and loss account 240000 then my partnership firm is in loss . I heard that in this case audit is must . or can I debit salary 2000 per month and show a profit of 6000 . in firm no other expenses.

Dear Members,

Are there any Provisions for Plant or Furniture which are similar to the Concept of "Deemed building" under Explanation-1 to Sec-32 under the IT Act? If not then how will the capital expenditure made by a person on Plant which is taken on rent by him be dealt with under the IT Act?

Regards,
Souvik Ghosh

Hello Expert
my son is planning to do an MBA ,the course fee of which is 253000 for 3 yrs
the institute says if i pay the entire course fee in the begining i get a discount of 18000.
So my query is if pay the entire fee for a 3 yrs course cn i deffer the fees paid (net) for the three years for claiming dedn under IT.

I've incorporated a pvt ltd company in march 2014 and completed my all legal formalities in same time but business in company will be starting from the month of april.

Whether it is necessary to file Nil Income tax Return and Statutory Audit of the company for FY 2013-14. Or I get any grace period as my company started in the month of march.

please advice.

thanks in advance.

Amount received from railway as accidental cliam and deposited into the bank as 'Fixed Deposit' on the name of minor and it will be matured when minor attening the age of 21. whether intrest income accrued on this minor FD amount will be liable to tds. please give me your valuable suggestion.....

If any individual who has taxable income and tax is being deducted, has received a claim under MACT and he makes a deposit in the bank for the claim amount and wants to submit 15G for the same, claiming that compensation received through MACT is not taxable.. Can the person submit 15G and get away through TDS under section 194A ???