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 ???
i have received a notice under section 245 where my refund of rs 38000 has been offset with a demand of 1600 by the IT dept.
plz let me know how can i claim back my refund..
ihave tried to request the intimation under sec 143(1) to cross check their calculation but they are showing a message that "no intimation order exist for this assessment year"
plz experts advice me
its urgent
My business is trading in food products.. My Gross profit margin is 6%.. My turnover for the FY 2012-13 is Rs.59 lakhs.. My approximate net profit is 2.5 lakhs.. should my books of accounts audited by CA u/s 44AD?.. please help me..
we are a software customizing company having export of services. our domestic revenues are less than 50% of our export. if we register with STPI, what tax benefits can we avail ?
sir myself and my 2 brothers are willling to construct a residential project on our ancesteral land. is there any requirement of Partnership or AOP formation. My C.A.told us that we are developing the property on our own and not doing a Joint Venture with any third party ( builders) so it is not mandatory to form a partnership or AOP. We can execute a project jointly as a proprietory business. Is it according to Income tax law? Please guide me in this.
plz send a letter for bank loan renewal letter of cash credit account.
I have cleared my both groups of pcc as well as 3 and a half years of articleship with itt training. whether I can directly apply for atc certificate or will still have to do gmcs course and then apply for atc. what will be the fees to be paid for atc.
CHARTERED ACCOUNTANT HOLDING C.O.P. CAN BE A DIRECTOR OF ANY COMPANY?
Do I have to get my books of accounts audited if my gross turnover including vat is 42 lakh and my net profit is 5%?
However if I donot opt for sec. 44AD even then do I have to get my accounts audited?
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Tds on cliam amount from railway