Is an Individual liable deduct TDS on rent paid to Single person from different proprietorship firm if combined rent paid to single person from all proprietorship firms exceeds Rs. 180000/-?
Sir
I am an accountant and want your kind guidance. My client want to show the rental income. He is drawing the rent in cash of Rs.3.13L pa. Can he deposit the amount in cash for the whole year for the past year?
In accounts can he show quarterly the amount of rent in books.What is the procedure to deposit the amount in saving a/c.And whether the rent receipt is necessary to maintain for the records?
Kindly advise on urgent basis.
Regard
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)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tds on rent