Respected Members,
Is it mandatory for the assessee to opt for sec 44 AD. Can a assessee claim less than 8% profit if he is maitaining books of accounts if his Sales is less than Rs. 1 crore.And If yes will Tax Audit will b cumposory even if his sales is not exceeding the limit of Sec-44 AB

Dear Sir

We are giving Our Association Kalyanamandapam on Rent at the time of Occasion with out other Services so we are cover under which Service Category i.e., Rent on Immovable Property or ?

Please tell

Note. We are receive only rent for occupying our Kalyanamandapam for the Occasion purpose like Marriage or etc.,

Dear Experts,

Please confirm is depreciation could be claimed on generators, AC etc even though assets has not been installed.

I.e assets has been purchased during 12-13 but installation has not done till 31 Mar,13.

We are a company maintaining books as per Companies Act.

Regards

Due to financial problem in mumbai i am unable to continue my articleship in mumbai & i want to transfer to my home city allahabad bcoz i can't bear expenses now so wat i would do plz suggests me to get transfer.
My boss is ready to sign on my termination. so there is a mutual consent.

I have worked three company in the financial year 2012-13, The TDS was not deducted by the companies equal to my income.

currently, I have to make difference of tax. while I am submitting the return, how to make the difference of tax payment to the authorities.

If I file the return in august 5th or 6th with difference tax, what is the penalty to be payable.

REgards

L.JAGADEESWARAN

Sir,
i have started my articleship from 15/03/2013 but ICAI has send me letter about my pending registration due to my principle's job verification certificate and also said to submit form 103.

May i know by what time my registration of articleshp will be started as till today my registration is pending.

please answer me asap
Thank you.

A private ltd companies is being formed in F.Y 11-12 but no operation is being started.
In F.Y 12-13 manufacturing operations in being started form August month i.e purchase and other Manufacturing process.
So in this case should we add the expenses incurred during period 1-4-2012 to 31-7-2012 in pre-operative expense or we should expense it out in P/L.

Is there any provision to deduct TDS on Hotel Bills payment , there is no agreement between company & Hotel ?



Thanks & Regards ,
CA. Sanjay Kumar Akar

Hiiiii everyone....
can anyone provide the draft copy of Memorandum of Association of Construction Company.
Kindly mail at princekumar901572@yahoo.in

For a salaried assessee if the income is below 500000 it is not necessary to file IT return.
Now whether the GTI must be less than 500000 or the net taxable Income must be below 500000.
And the GTI can include income other than income from salaries also??