sir/ma'm........ i have an appartment and i hv rented them to 10 individuals, i have appointed 1 person to pay all the expenses relating to appartment such as electricity charges, water bill etc.......now, under which head shall i be taxed?????
what is the relevance of 44AA if 44AD is necessarily be used ?
IF turn over is 20 lakh and profit is 1.5 lakh i.e. less than 8% then a/c not to be maintained then what is the significance of 44AA. what is the significance of limit provided in sec 44AA i.e. 10 lakh or profit 1.5 lakh.
Can u tell me an example when maintenance of a/c's is governed by sec 44AA ?
(1)If Profit is 8% or more then a/c's not to be maintained. (2)If it is less than 8% and profit does not exceed basic exemption limit then a/c not to be maintained (3)IF Profit is less than 8% and it is more than basic exemption slab then only a/c's to be maintained. So this all is governed by Sec 44AD and here we can see no significance of 44AA. Can u Plz narrate me an examplw where a/c's maintenance is goverened by sec 44AA.
(Except in the case of professionals )
what are the changes for Nov 2014 Exams ? And new syllabus for Nov 2014 ?
Dear Experts,
I am giving my CA FINAL attempt in November 2015.
In a news paper article it was written that Direct Tax Code might be applicable from April 01,2015.
http://www.hindustantimes.com/elections2014/the-big-story/a-to-do-list-for-india-s-new-government/article1-1220685.aspx
Will DTC be applicable for CA Final exams from Nov 2015?
Hi Experts,
i have a doubt of, why the auditor needs to confirm whether the enterprise is complying with the other acts For Eg:(EPF, ESI, Factories Act,bonus gratuity, worksmen compensation Act).
Please give reply as soon as possible
thank you.
dear sir
can i do industrial training in trading partnership firm which is satisfied one condition about minimum total turnover and may i get the institute permission before submit 109 and is any proof will attach to that letter
thanking you in advance
What documents / information required for filing Income Tax Return 4 (ITR 4)
Which NIC codes to be used in FCGPR. Do we use codes released 2008 or 1987 ?
I require for a software development company.
Dear Sirs,
My client has availed home loan during financial year 2013-14 i.e. A.Y. 2014-15.
He has paid interest Rs.1,64,619/-.
Filing his ITR the return software allows deduction for home loan of Rs. 1,64,619/-.
U/s. 24 it is Rs. 1,50,000/-.
What should I claim Rs. 1,64,619/-?
Ghiu