Income in u/s 44ae and also bus income
Querist : Anonymous
ONE OF MY CLIENT REGULARLY FILLING THEIR RETURN IN ITR 4S(SECTION 44AE). BUT IN JULY 2014 HE PURCHASE A BUS . HIS BUS HIRED BY A COMPANY FOR CERRY THEIR EMPLOYEE.. SIR MY QUERY IS THAT CAN HE FILL THEIR RETURN IN ITR 4S BY SHOWING THEIR RETURN FROM BUS IN INCOME FROM OTHER SOURCES.IS IT CAN BE POSSIBLE PLEASE ADVICE
.
Querist : Anonymous
Querist : Anonymous
45000*5=225000
1-225000*8/100=18000
2-will i accept. 225000 8 % income.
which one is right
Click here to login now
Similar Resolved Queries
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Gift Received from nonblood relative
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- FTS Taxable under 115A
- Experts need help
- Rental income gst and it purpose
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
