Tweet
Service tax paid by service provider, on being pointed out by department, can be treated as business expenditure under Section 37 of the Income Tax Act, 1961.
ITR -3 Form is to be used by an individual or an HUF who is a partner in a firm and where income chargeable to income-tax under the head “Profits or gains of business or profession” does not include any income except the income by way of any interest, salary, bonus, commission or remuneration, by whatever name called, due to, or received by him from such firm.
As reported by some of the newspapers and PTI government may provide a major relief to the tax-payers, by increasing the Income Tax slab limit for exemption from Rs.2 lakh to Rs.5 lakh.
The Peer Review Board is organizing a one day training programme at "ICAI Bhawan”, sector-62, Noida - 201309 on June 21, 2014 from 9.30 am to 5.30 pm for members desirous of becoming peer reviewer. Email: peerreviewboard@icai.in. Mobile: 09310470274
Specified Unlisted Public Companies and Listed Companies with capital of less than 5 crore, to constitute Audit and Nomination and Remuneration Committees in 1 year [Notification of 12-06-2014].
ITR -3 Form is to be used by an individual or an HUF who is a partner in a firm and where income chargeable to income-tax under the head “Profits or gains of business or profession” does not include any income except the income by way of any interest, salary, bonus, commission or remuneration, by whatever name called, due to, or received by him from such firm.
As reported by some of the newspapers and PTI government may provide a major relief to the tax-payers, by increasing the Income Tax slab limit for exemption from Rs.2 lakh to Rs.5 lakh.
The Peer Review Board is organizing a one day training programme at "ICAI Bhawan”, sector-62, Noida - 201309 on June 21, 2014 from 9.30 am to 5.30 pm for members desirous of becoming peer reviewer. Email: peerreviewboard@icai.in. Mobile: 09310470274
Specified Unlisted Public Companies and Listed Companies with capital of less than 5 crore, to constitute Audit and Nomination and Remuneration Committees in 1 year [Notification of 12-06-2014].