When I'm required to file xml file of my rectified return for rectification u/s 154, I should prepare the rectified return u/s 139(1) or 139(5)? I'm a little confused.

Hi All,
Please provide the solution for the following:
IF the revenue of Coaching classes exceeds Rs.25 lacs in a year, then pls tell me whether is it covered under tax audit? i.e. which income tax section would be applicable , sec.44AA or 44AB ?
Also tell me , if coaching institute is run by professionals, for eg.CA/LLB/MBA for coaching of professional courses, then whether there is any differenciation in tax audit limit between other coaching classes providing coaching to std.10/12/Bcom. ?
also note that : coaching classes can be registered as an individual or a firm or a pvt ltd co. ? so would this impact the tax audit of a institute ?
Pls answer this ASAP.

Dear Sir
>Me and My brother Buy a house by taking loan, and hose is in co-ownership..
>While applying loan my brother is co-applicant and i main applicant
>how much benefit i utilized U/c 80c and 24 i.e. 50-50% of total or 100-100%
>for utilise that benefit repayment should made through individual a/c or joint a/c is there any kind of such rule please guide me....

Sir
>I am receiving professional fee
>but TDS Deducted u/s 192
>can I claim Refund in such case????
>for adjusting tax liability one to one relationship is required or not i.e. tds deducted u/s 192 may adjust with only salary income, not adjust with any other head...

Dear Experts

I want to know how many pages should a project report contain for submission to the ICSI after completion of 15 months practical training.

Thanks and Regards
Sreedevi Pillai

what is the purpose of using Form 9B Tell me in detail

Dear Sir
(1)> If tds deducted u/s 192 on exempted income and that income not covered under scope of salary u/s 17(1),17(2),17(3)
>however TDS deducted
>may i claim refund or not
>If claim is there need to rectify form 16 or not....

In the above mentioned regulation, it is stated that, .......

"Letter of Resignation by the employee and acceptance thereof by the firm."
This is the required documentation.

Now, if the employer is not ready to provide the counter confirmation of resignation to the Employee (i.e. Acceptance by Firm) and Employee now wants to hold COP. Than What is the Procedure to be followed? As the Decentralized offices of ICAI is asking to the Employee (Member) to furnish the Said letter "Acceptance by Firm".

Pls Guide.

[1] Under which section TDS to be deducted on FDs by Banks 193 or 194A ?
[2] whether TDS return for Q-1(FY 13-14)allowed to be revised by department ?

Hi.

a sole proprietor concern is converted into a private limited co. with an authorised capital of Rs.5 lakh. And the proprietor's capital balance on the date of conversion was Rs. 2.5 crore.

There were also personal assets of proprietor reflecting in the balance sheet which were not transferred to the newly formed company.

I am confused as to what effect is to be given to proprietor's capital balance.

Kindly guide.