while filling income tax return,in personal information, address should be current or permanent?

Old students of our school was planning to form a Charitable Institution for helping the poor students and also planning to do some social wok. In which form we should register?.Trust/AOP/Society ?? We have donations from our members residing outside india.We should also get Tax exemptions.Please help

Dear All,
I run a company which deals in GPS Trackers. We provide Hardware bundled with Service to our clients.
Our Bill is mostly like
GPS Tracker x1pc x 10,000 INR + VAT

In actual this includes hardware cost and rent advance for 5 years since it has become a market trend that we provide hardware with free service for 5 years.

Lets assume we buy hardware for 4000 now our profit becomes 6000 because that is advance rent but still we have to pay it to the telecom operator over next 5 years + we have to pay server charges assuming our expense over next 5 years to be Rs.4500 our actual profit is only Rs.1500

How do you suggest we post it in our books of account ?
How should an actual invoice be made, should we split the components in Invoice into 2 parts i.e. Hardware 4000+VAT & Item 2 as Adjustable Security Deposit Rs.6000 ?

We have to pay Airtel @ Rs. 50 per month for next 5 years but if we show 6000 profit we pay 30% tax on it.

Please let me know how we can tackle this situation.

can anyone guide me which book should I prefer for Costing of Ca Final. In my last two attempts I got 39 marks I am unable score good marks in costing please help me out...

Dear all, I am trying to focusing on my studies.. Before I sit for the studies, I take the commitment that I must study for 4 to 5 hrs.. Bur after sometime, my mind get distracted.. Yes I know I have to work hard.. But implementing it, ie., for continuous studies.. Very tough for me.. Sir I have lots of material to study.. The time is passing.. Please help me.. Kindly provide the simple study tips or strategies through which I can study better day and night..

I have filled manually return in 2009 for TDS refund Assessment period 2009-10 cheque was cancelled due to wrong account number. Account number was correct but one digit in account number was missed.Many times I have submitted applications in Income Tax department,but no response,now should I do??????

Hello,

I was recently checking the status of my returns and happened to see that the status for my returns for AY2012-13 is ITR-V rejected with the Reason for rejection : "Unsigned ITR-V". I also got a mail from CPC stating that "As per the circular the e-filed return referred above has to be verified through EVC or by submitting ITR-V on or before 31-08-2016." I did not see this mail and I missed the last date for sending the ITR-V to CPC by speed post. In this regard, let me know what are the next steps for me. There is some amount for my to be refunded for the AY2012-13 and not sure how to proceed. Kindly help.

Regards,
Edsel

Sir I want to take a loan from my friend amounting 25 lakhs . He is a rich man and have filing tax returns every year. How the money is taxable in my saving account as gift.D does a gift deed is required .

if LIC premium paid by me can I claim rebate under Sec 80C

Let me know, whether provisions of Tax audit is applicable to the Trust(12AA)/ Entity covered in section 10(23B) of income tax act or similar institute covered under other sections of incometax act,1961.

i would like to wait for your early and positive reply with reference.