Hi,

Can some one please guide me to a guide to income tax rules and deductions etc for a proprietor firm. For eg. if a proprietor is paying rent for his house, can a deduction be cliamed from his income for the same? What all deductions are allowed to the proprietor from income tax under what all heads?

Thanks

Hi, Can any one guide me how to do accounting for windmill income. The units generated from windmill is adjusted in the electricity bill and so how the accounting treatment would be. Whether we have to show gross amount of income from electricity units generated from windmill on the credit side and then gross electricity exps on the debit side. Pls guide me

we purchase land from DDA and construct commercial complex. we accept advance money for booking of shops.
Is there any liability to pay wct or vat on selling of those shops?
we purchase land and construct own building and then sell them.

IS THERE IS ANY NOTIFICATION IN ESI ACT REGARDING APPLICABILITY IN CONSTRUCTION COMPANY.
PLZ. REPLY ME AS SOON AS POSIBLE
AT MY MAIL.
gurpal2008@gmail.com

Mr A has two din numbers . Now with the later din no the person has applied fo the new company , now what is the remedy available

I had applied for TAN through internet and filled the form 49B and also made the payment through credit card.

But could not get the copy of acknowledgment with which other documents to be submitted manually because of internet disconnection in between.

My query is will I have to pay again or I can get the same filled form from any sources.

Please tell me its urgent.

Details (of e-forms and also attachments) may be sequentially provided (like filing forms with RoC, Petition with CLB and finally, again Filing form with RoC).

u/c VI A u/s 80D what is the maximum amount that can a assessee claimed as deduction.

Mr X filled arbritration application against Mr Y who was declared a defulter by the Stock Exchange Mumbai.The final Award was RS 6,61,503 payable by Mr Y to Mr X alonge with interest @ 18% p.a. from 1-4-1994.
Mr X received RS 22,22060 after deducting TDS of RS 1,99,404.(RS 17,59,961 as interest & RS 6,61,503 as principal)
MR X liable for Capital gain?
CAn mr. X liable for tax under income tax?
Whrer Mr Y was broker & Mr X was Client. Mr Y puchases the stock but not entered in the stock statement of Mr X which was claimed.

Mr X filled arbritration application against Mr Y who was declared a defulter by the Stock Exchange Mumbai.The final Award was RS 6,61,503 payable by Mr Y to Mr X alonge with interest @ 18% p.a. from 1-4-1994.
Mr X received RS 22,22060 after deducting TDS of RS 1,99,404.(RS 17,59,961 as interest & RS 6,61,503 as principal)
MR X liable for Capital gain?
CAn mr. X liable for tax under income tax?