Sir/madam,

i want to know income from hostel business is taxable under which head income from house property or business for a pvt. company or for a LLP.?


Thanks & Regards.

I AM SALARIED EMPLOYEE & I HAVE PAID 2L TO ONE MULTI LEVEL MARKETING CO. & I AM GETTING BROKRAGE FROM THAT COMPANY & THEY HAVE DEDUCTED TDS. TELL TAX IMPLICATION. IN WHICH HEAD IT COME, FULL BROKRAGE IS TAXABLE, WHAT ABOUT 200000 WHICH I PAID.

Tax audit limit for proffesionals is Rs 25 lakhs.

If the actual fees is Rs 23 lakhs and Service tax is Rs 2.5 lakhs, then the total billed amount is Rs ( 25.5 lakhs)

In the above scenario will tax audit be applicable??

whether the retrenchment compensation received by an individual from outside india taxable or not?
he received the compensation after 5 years (during FY 2013-14)

respected sir,
i want to know the ITR form applicable in following case

a person who is receiving the salary income of rs 1583650. along with this he is also receiving the pension income from indian army of rs 386523 (which is totally exempt, becoz is a gallantly award winner from president of india). now please tell me which ITR is applicable here.

respected sir,
i want to know the ITR form applicable in following case

a person who is receiving the salary income of rs 1583650. along with this he is also receiving the pension income from indian army of rs 386523 (which is totally exempt, becoz is a gallantly award winner from president of india). now please tell me which ITR is applicable here.

What are the pre requisites for climing deduction u/s 80DD? Is it necessory to take treatment in Govt hospital? How much is the amount of deduction & which diseases are covered for AY2014-15?

dear sir , my articalship date start from 7 Feb 2014 can I eligible for attempt nov-2014.

I have earned income from giving classes conducted by ICAI- Orientation and GMCS.
TDS has been deducted under the head 194J.
Under which head, should I file my return?
PGBP or Other Sources.
(Total is Non-Taxable)

what is the rules for income and expenditure in income tax for education trust