Regarding to draw up any related accounts
This query is : Resolved
30 March 2012
Dear sir/madam,
There is one cilent, for that he needs to file return for the following income as under
1.He runs a tempo, (I think he is covered under sec 44AE i,e he is required to pay tax @ of 5000 p.m.)
2.house property income
3.commission income and
some ch.6A deductions are eligilble to him.
how to proceed with above income's, computation,tax liability, payment etc.
Thanking you
There is one cilent, for that he needs to file return for the following income as under
1.He runs a tempo, (I think he is covered under sec 44AE i,e he is required to pay tax @ of 5000 p.m.)
2.house property income
3.commission income and
some ch.6A deductions are eligilble to him.
how to proceed with above income's, computation,tax liability, payment etc.
Thanking you
CA MANOJ GUPTA
(Expert)
30 March 2012
PL NOTE 44AE APPLIES ONLY IF ASSESSEE IS ENGAGED IN GOODS CARRIAGE BUSINESS IF TEMPO IS USED FOR PASSESNGER CARRIAGE BUSINESS THEN NO SECTION 44AE
02 April 2012
Sir, he is engaged in transportation of goods from one to another place within city only.
02 April 2012
sir, he is involved in goods transportation from one to another place within city only.
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