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.
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
CAclubindia
