I am a doctor & providing service to A Hosptial in Mumbai. For this I am getting professional fees under sec 194J. Pls let me know whether I am under profession of Medical under I.T act Sec 44AA. Or if yes then whetehr tax audit is applicable to me
Hello users..
I am a commission agent of post office. My commission income in F.Y. 2012-13 is Rs. 500000/- on which tds @10% has been deducted.
Now i want that the whole amount of tds deducted i.e. Rs. 50000/- refunded.
My question is what can i do if i want the whole amount refunded..??????
Please solve my query as soon as possible..:)
Dear experts
pls guide me about that my client has under the eligible criteria to E-FILE the ITR but filed IT return manually for AY2012-13.
Then what should the procedure to correct it.And what is the status the manual ITR.
please reply me under the provision of income tax act.
thanx
nafisa
nafisasaifi@gmail.com
Dear Sir,
Please let me know from where I can get custom case study ?
Dear Experts,
To avail tax exemption, should I consider insurance premium with service tax or without service tax component u/s 80C ?
Thanking you,
Regards,
Arul
Dear Professionals,
What is the Procedure for issue of Secured/Unsecured Debentures?
Please advice its urgent
Regards
S.Ramesh M.Com.,CA(Final)CS(inter)
I want to know whether tax audit is applicable in below situation for the f.y. 2012-13??
Purchase : INR 1,05,20,400
Sales : INR 78,44,250
Even i want to know the defination of turnover as per income tax act,1961.
Suppose a Private Limited company has taken certain amount from an individual who is an outsider say Rs. 25 lakhs. The company is using this amount for buying and selling goods.What should a company do so that it does not Violate the Companies Act and Companies Acceptance of Deposit Rules, 1975? Should it return the money within certain time period? Should it make that person a sharholder?Can it show as advance from customer against order but returned?
Or any other option to avoid violation?
My income from salary/pension is Rs. 70,000/- whereas I have received medical reimbursement amounting Rs. 56000/-.
Since my income from salary do not exceed Rs.100,000/- What will be the exemption on medical reimbursement perquisits u/s 17(2)? All 56000/- or restricted to Rs. 15000/-only
I have income from other sources in the order of Rs. 300,000/-(outside basic limit).
I read in the "Information Booklet for salaried & pensioners" (sec 5.2)that all perquisits will be exempt from tax if income from salaty do not exceed Rs. 100,000?-
Please advise
Dear All, Now since video conferencing has been allowed, can a balance sheet approved through video conferencing be signed by two directors sitting at different places by fax or email (one at delhi and other in mumbai) before forwading the same to the auditors as per section 215 and then adopted by the board in the same meeting after getting the scanned/fax copy of auditors report in the same board meeting. For example: Is it correct to sign the balance sheet in the following fashion: During the board meeting the MD signs the balance sheet send the scanned copy to delhi for signing of other director other director signs it and send it to auditors for audit report and finally auditors sitting in delhi give report to the board on the same day on the basis of scanned copy. Auditor Managing Director Director Delhi Mumbai Delhi 10.06.2013 10.06.2013 10.06.2013 Regards
Read more at: https://www.caclubindia.com/forum/signing-balance-sheet-by-video-conferencing-253037.asp
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Tax audit