Dear Seniors,
If i want to open a Partnership firm on a immediate basis then I can Noterized Partnership deed to make a partnership company. After making this deed govt. Can issue us a Trade license and Current account for doing any education field works. After couple of month can I convert it to LLP firm.
Please Explain...


Regards
Md Nishat

Sir, can we pay more than 10k & below 2 lakhs for Farmers in cash in single payment is it disallowed uls 40a(3) and will it attracts u/s 269st

Dear Sirs,

I am a civil Contractor & file my return under u/s 44AD @ 9%.

Last month I Quoted for a IOCL tender in which they asked for :-

1. Details of Annual Turnover. Audited Accounts/Balance Sheets for Financial Years 2013-14, 2014-15 & 2015-16.

2. Audited Balance Sheet of the relevant Details of Annual Turnover. Audited Accounts/Balance Sheets for Financial Years 2013-14, 2014-15 & 2015-16 .

3. Scanned copy of CA certified annual turnover of previous three financial years i.e. 2013-14. 2014-15 & 2015-16. The turn over as per audited accounts, submitted by the tenderer shall be the basis for further evaluation, wherever required. If the party is submitting the Turn-over documents only for one year or two years than average turn-over shall be calculated by dividing the sum by 3.

To this I submitted my ITR, Computation of tax in which it was mentioned Gross Receipts 14.20 Lacs & Net Profit @ 9% u/s44AD of IT Act. The Computation was Stamped by by CA & written on it was "Certified True Copy" & signed below.

Then again IOCL raised objection to submit CA Certified copy of Balance Sheets, to which my CA made a Balance sheet (Stamped by by CA & written on it was "Certified True Copy" & signed below.) but I did not attach any Trading, Profit & Loss account as my CA said same is not prepared under u/s 44AD.

Now my tender have been rejected due to Financial Credentials documents.

Is it a valid reason by IOCl to reject my tender as I have not attached Trading, Profit & Loss account ?, Was it mandatory to attach these documents with Balance Sheet as IOCL only used word to upload Unconditional CA certified balance sheet of 2014 15 Balance sheet of 2015 16 ?

please help me out, is IOCL correct on their part ? or should i fight & knock door of court for justice.

Plz help.

7814065658

What is the meaning of provisional admission in admit card for CA final???

Hello Sir Please guide me fully regarding tution income and its itr form for F.Y. 2015-2016??

What is letter of authorisation? And how I get it?

Dear Experts,
In the return of AY 2017-18 for company ITR 6 weather all the directors Aadhar Number will be quote in ITR 6 or not,

Regds
Mohit

Dear Experts,

Kindly guide, whether a single bill of Rs.25,000/- can be paid in cash on several dates on or after 01.04.17 ?

OR is there any provision alike the payment is received in cash against a single bill of more than Rs. 2,00,000/- shall attract the penalty ?

i.e. is it so that to make a payment under Rs.10,000/- the subject bill should be under Rs.10,000/-?

Kindly help me out on this matter.

My client is a fisherman/fishing business & wants to file income tax return. My query is whether fishing business is covered under agricultural business or is just like any other normal business? Also is there any service tax implications? Any special provisions applicable on fishing business?

I am a aadraty I doing bussiness grain , peanuts , musterd , gram  etc .I do purchase directly by farmers . Before 31/3/2017 pay cash is exempt any amount . Now I want to know that is any limit applicable or regular exempt to continue as per as 31/3/2017  so please give me any suggestions