SABREZ ALAM
22 March 2017 at 12:13

Minor director

Whether Minor can be directior in pvt ltd a pvt ltd company can be incorporated with 3 major director and 2 minor director


CA Jenish Vira

How can I import sales data from excel to tally ?

How can I import petty cash data from excel to tally ?

I wish to have cloud base application ?

If anybody come across solution for this please revert.


alpesh
22 March 2017 at 10:36

Tds applicable

dear sir whether may clients has open firm or company whether tds applicable to firm without audit case and he has to apply tan number.


alpesh
22 March 2017 at 10:34

Audit under section 44ad

dear sir may client has fy 16-17 turnover of 5000000 he wish not to pay tax and he can decalars profit below 8 % and he can audit under sec 44ad .in audit case how much pay tax.please specify audit due date for ay-17-18



Anonymous
22 March 2017 at 10:21

Sec 269st

Dear Experts,
Pls clarify my following doubt relate to sec 269ST....1) can a person pay the amount of 4 Lakh through 2 cheque of two two lakh to single person... 2) can we deposite the cash more then 3 lakh in our bank account in single day....3) can we receive cash of 4 lakh in single day from two different person...4) can we receive the cheque of more then 3 lakh from one person?


Thanks & Regards
Mukesh Gupta


heena
22 March 2017 at 10:13

Taxation

As a Employer , is it possible to consider Advance Tax paid by employee himself.

Is there any place in TDS Return to insert Advance Tax paid by employee

. Please note, employee don't have any other income.


Ashish Bhandari
22 March 2017 at 09:36

tax audit

a assessee start retail business has expected 3.5cr turnover p.a. his expected g.p rate is 15% and business is complicated ... and he take help of his family members (6@4.5 lac as salary and interest@12%)p.a. and given rent to huf 4.5 lac 1600 sf area shop ...and finally shows n.p around 6 lac can it is possible... by tax low. hope all family members r filled their returns on time. or other option is create partnership firm and distribution of profit by way of salary and interest as active partner . and finally shows net profit of firm .05% I.e. 1.75 lac ...which is more benifitial for tax burden ...



Anonymous
22 March 2017 at 07:12

Investment in 54ec bond

Suppose I have sold a plot of land on 30.09.2016 with Rs.50 lakhs for which the long term capital gain comes to Rs 40 Lakhs. I want to invest these 40 Lakhs in NHAI bond. I have received advance payment in 5 instalment say on 05.01.2016, 15.03.2016, 05.05.2016, 08.08.2016, 30.09.2016. When should I make investment in 54EC bond, at the time of final sales deed i.e. 30.09.2016 or as and when i have received the advance money?


CA AMIT KUMAR SHARMA
22 March 2017 at 00:18

How to show income in itr

hello sir/mam, i filed an itr4 for my client and showing some income from coaching classes and some income from 44 ad for coaching classes i fill profit & loss account but for 44 ad income i did not filled any balance sheet and profit & loss account .... so i want to know whether they can issue notice under section 139(9) and when i ll get notice how to reply that notice....and what should be the best method to file itr in case of income from coaching and some business income too....can i fill tution income in other sources and business income in 44 ad...so that he should not want to prepare books of accounts. Thanks plz advice expert.. in two three dayz i hv to file another return for 16-17 a/y ...so that i does not do dis mistake or any mistake again in filling return


KAPIL
22 March 2017 at 00:09

Notice from it department

hello One of my client has received a notice from income regarding non filing of income tax return. I have already submitted the online response to the letter but the letter contains a point that requires a acknowledgement needs to be submitted to AO within 20 days of receipt of letter. What shall i do now do we need to send the acknowledgement or it is not required pls guide me in the above matter thanking you in advance






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