I find from intimation received u/s 143(1) from CPC Bangaluru that they have not considered depreciation at all while computing business income and hence raised a demand as per this intimation. This has happened in more than one case. Kindly advise whom and how I can contact for getting it rectified. The ITR 4 submitted was correct but IT department's computation as given in intimation shows business income without depreciation.

Can a NBFC take a loan @ 3% and give it @ 4% and in a way earn 1% as net income?

Deal all,

I recruit candidates for private offices
for that i am taking 5000 cash as commission from every candidate and i don't have any legal agreement with private offices for this recruitment and i am not taking any thing from private offices

is it legal or not

if yes can i file my IT Return U/s44AD

if no what process should i fallow?

its very urgent
sir, i have commenced my articleship from 9-2-2013 as stated the date in deed of articles but have done its franking on 11-3-2013 due to my mistake.so i want to ask whether my registration will be valid from 9-2-2013 as it has been a difference of more than a month between commencement and franking.

Dear sir
earned commission income from birla sun life insurance of Rs 84000, can I show it
as normal provision of the act in NO ACCOUNT CASE? advice me because he not main tain accounts. thanks.....

respected sir,
i want to know the liability of the person who has issue a form-16 without tan no. if his employee was ask to issue form-16 for their loan purpose.
your faithfully
upadhyay

Following the amendment to the Hindu Succession Act in 2005, daughters can become coparceners of a HUF and can remain coparceners even after their marriage.

If a HUF has only a male Karta (father) and only married daughters as coparceners (no sons), after the death or incapacitation of the Karta, can the eldest daughter become the Karta of the HUF ? Can anyone cite any case law or other judgment that answers this question ?

In retail shop, purchases not shown in their books of a/c. But they did a sales. Not done a proper entries against the purchases for the year of 11-12. The monthly sales return, annual return has been submitted.The b/s sheet showing extreme profit.
The accountant ignorance the purchases entries not done properly.
Is there any other way to reduce the profit.
We can increase the expenses to the some extend.

Apart from that anything else. Pls advice

Whether share received from sale of property of deceased father by married daughter attract capital gain ?

Or will it be exempted as gift received.

Say, the share was above Rs. 25 lakhs

SIR,

PLEASE ANYBODY TELL ME HOW TO CALCULATE VALUE ADDITION AS PER EXCISE. (I.E. I WANT TO DETERMINE WHETHER I HAVE PAID DUTY ON THE VALUE ADDITIONS PLEASE ADVISE.