hi experts,

one of my client has proprietor ship business.now he has a shop (place of his business) registered at his own name..so how should i treat his shop in making his ITR IV

is the sum received as a compensation from husband to live apart taxable under it act?
either if the sum is received as a lumpsum on directions of court or I Wish to also understand if monthly maint. amount is received whether the same is taxable?

Mrs.A is Director in ABC LTd. and partner in XYZ..now XYZ is defunct partnership firm but partners have fallen in litigation for the property in the firm...litigation expenses incurred on this behalf is paid by ABC LTD. is TAX IS TO BE DEDUCTED ON LEGAL FEES PAID by ABC ltd. on behalf of director??

One of the assesse was filing return u/s 44AD for the past two assessement years declaring an income from business at the rate of 10.14% Now the assesse wants to quit the scheme and wants to file under normal provisions, he has turnover of rupees 18 lakhs.Can he do so? If yes what will be the consequense ? Advise required

wat is the treatment of govt grants received by the developer for a road project. Plz explain it through the general entries and presentation in books of accounts if possible.... regards narender

is it necessary to open an account in a Nationalised Bank only while ones articleship gets started?

Sir,

In case of employees, we collect declaration note mentioning his other income and eligible deductions.

My doubt was, is it mandatory for collecting declaration note before deducting tds US 194j or 194C from consultants/guest lecturer or any other one who not an employee of the org.

Dear All,

My query is whether a company can apply for any project/tender before issuance of Certificate of Incorporation but after name approval. At the time of applying, Certificate of Incorporation was not given.

Waiting for prompt reply.

Dear Sir,

We already hold service tax regn. for Transport of Goods by Road.

Now we are providing new service whereby, the customer will provide us with bolts to be installed. We will raise a VAT bill for sale of chemical (without service tax) used in installation. The balance amount will be billed as service tax bill.

Kindly suggest the head of service tax under which we to take amendment of regn. and pay service tax.

Thank's & Warm Regards

Vikash Ginodia
(+91-9831508946)

sir,
i have ca final student.i m interesting pursuing cs or cwa who most benefit for me