In Sec 44AB(a), the clause mentions that whenever the sales, turnover or gross receipts 'exceed or exceeds' Rs.2 crore whereas in clause (b),the gross receipts from profession should 'exceed' Rs 50 lakhs.Why is it 'exceed or exceeds' for business and only 'exceed' for profession..Thank you.

dear sir

one of my client is making payment to a customer in UK ( no PE in india) towards advertisement expenses (banner campaign). Whether tds has to be deducted or not

What is the procedure for issue of ESOP under companies act 2013? Whether any forms need to be uploaded at mca site as there is increase in share capital also is every time when ever ESOP is issue valuation has to be done?

I have my IPCC Group 1 exam this may and I want to know the amendment in AS relevant for that exam.

Dear sir,
I was filing ITR by using Java utility n by mistake I selected the wrong assessment yr(A.Y.15-16) in place of 16-17 .. n return is processed also.n demand is determined due to TDS..
What should I do??
Can it will be solved by online rectification request and by filing new return of A.Y 16-17?

hello, Sir our hotel works as LLP, in MP, pays commission to Make My Trip and Goibibo etc on hotel booking. I receive bill for the commission plus service tax which is 15℅ with no abatement as per amended provisions. My query is whether I need to deduct TDS and if yes under which section and at which rate. (194-c, 194-H, and what will be the exemption limit) please guide

Please let me know the latest position applicable for the FY2016-17 and onward regarding the restriction on loans given by a pvt limited company to its sister concern (which is a Pvt.ltd company or partnership firm or prop.ship firm.).?

CAchaitanya

I have got my form filled for IPCC may 2017 examination, and there is My signature and photo present in the pdf. Is it necessary to get is attested and send it to ICAI?

in audit , SA610 is included in may17 practice manual but announcement of bos portal does not specify it.why such contradiction and what view to follow?

I own a Charitable Trust , I filled my return 1st time for the A.Y.-16-17 under ITR-7 instead of ITR-5 . Now I have received a notice from IT department claim a tax demand (30% of income) I want to rectify my mistake, I don't know how. plz help me out with steps to rectify... thank you