The turnover is less than 1Cr, but the clients wants to hv tax audit, now my ques is what is the procedure to follow for the tax audit of this prop firm. Is that also required to prepare the auditor's appointment letter & is it also neccessary to send intimation of that to the auditor as we used to do in case of companies.

how to fill itr 6

SIR, I WANT TO KONW ABOUT IPCC EXAM (SUBJECT) EXEMPTION CREITERIA, IF WE APPEAR 1ST GROUP, BUT PRESENT ONLY ACCOUNT & TAX PAPERS. AND THEN IF WE GOT 60 OR MORE MARKS IN ACCOUNTS SO IT WILL BE VALID OR NOT. SO, PLEASE LET ME KNOW.
THANKS,
VIKAS KSHATRIYA

whether bill of exchange can be made payable to specific order on demand

extra deduction of rs 5000 to senior citizen. . whether it is calculated for each individual or combined...

Hello Everyone!

Firstly, I'd like to thank all the experts here. This website is indeed a great ocean of knowledge and information.

Can one of the experts answer this query regarding HS code please ?

I'm importing micro SD cards from China and was going through the forum on more information. Almost all my questions are answered except for the HS code.

An earlier link posted by Mr. Verma takes me to cybex.in website which gives two HS codes when searched with product description "Memory Card" - 85235220 & 85421020.

Each of these codes vary in Custom duties describing Memory cards.

An image for my product can be seen here - http://commons.wikimedia.org/wiki/File:MicroSD_card_2GB_focus-stacked.jpg

Can someone please help me understand the difference between these two codes and identify which one applies to me?

Thanks,
AS

Respected Sir,

Kindly tell me the easiest procedure to file a CST Return on-line.

My dear friends can any 1 help me with the below query as regards hotel bill payment from company, is required to be deduct TDS before making a payment them?

An item is procured as a capital item as it falls under chapter 82. however in reality it is a consumable and gets consumed within one year. my query to my dear friends is - should we still utilise only 50% in the second year or is there any notification to entitle 100% credit in the year of purchase. thanks for the interest shown. rgds Ramesh

If there are no transactions during the year in the account of unsecured loans/deposits, (i.e. opening balance is equal to closing balance and no transactions), is it required to be reported in clause 24 of Form 3CD? There is no amount accepted or repaid during the year. Is it needed to be reported in 3CD? If yes, how? Thank you in advance.