if a partnership firm's turnover/gross receipt does not exceed 1cr and has a book loss, whether tax audit is applicable? & what if after deduction under 14A the firm has a profit?

Sir infeb. 2006 I had given my small residential property to joint development to a builder. from the year 2000 i am filing I T returns of my salary regularly till date. due to lack of knowledge I had not filed returns of joint development in I T returns for feb.2006-07.Now the I T DEPT. dated 05/07/2013 issued notice under sec 148 income escaping assesment for the assessing year 2006-07. please clarify is the notice is valid after a lapse of 6 yrs.

Dear Expert,

I am working in a organization and he is going to organize a expo and selling space to our clients. I know this service comes under the provisions of Service Tax. So my query is regarding category of Service Tax. In which category should i register on ACES site ?

Please give me reply on urgent basis ?

Thanks in Advance!

sir, 1) what was the difference between special resolution and ordinary resolution under special business?
2) what type of resolution shall be passed regarding increase in remuneration of whole time director.

Dear Experts

I am totally in fix and confused about my DEMAT a/c.

The query is as below
•I have a DEMAT a/c.
•I am working in an organization which deals in online trading of shares / scrip
•However, our clients’ intraday transactions are run by my organization through my DEMAT a/c. i.e. My DEMAT a/c is used by my organization for day to day transactions that too intraday.
•The scrip is bought and sold on NSE and BSE during trading hours. And I need to square off all open positions during trading hours.

•At the day-end, profit/loss arises through these transactions.
•Total turnover of the entire year is expected to be Rs.360 Crores
•Therefore, I want to know the consequences for Assessment Year 2014-15.


Should I allow them to use my DEMAT a/c for their transactions ?

Am I going to be scrutinized by the IT department in the Assessment?

How do the Income tax laws apply?

Shall my bank a/c be affected through these transactions?

Please guide me and help me

Very severe

Thanks in advance

can anybody provide me information regarding remuneration at which level central government approval required. and suggest me applicable form for that.

opening unsecured loan = Rs 78,000
addition to above loan = Rs. 11,00,000
during the year

closing balance of loan = Rs 11,78,000

sir please tell what is the nature of loan?
short term or long term..

I am trying to filling e audit report but at the time of digitally signing the report after browsing the .xml file, error show that " can't read the file for signing"
please help me.

Dear sir,
we make purchase from other states on which we are paying higher rate of tax. and i know that input tax credit is not allowed on
such purchase, but i want to know that whether should i disclose such purchase in CST purchase details? if yes how?

WHETEHR AUDIT REPORT U/S 10 B IS TO BE FILED ONILE MANDATORILY?
ALSO WHETHER ITR 7 TO BE FILED ONLINE COMPULSORILY?
PLS CLARIFY THE SAME
THANKS IN ADVANCE