What is the Special provision for computing profits and
gains of business of civil construction
Answer Posted / mohd abdul qader
For Civil Construction the presemptive Taxation is
prescribed under Section 44AD of Incoem tax according to
which a person whose Gross Receipts are less than 40,00,000
can declare his profit 8% or more on his gross receipts if
he wants to declare his profit or income less than 8% then
he has to get his books of account duly audited by
chartered accountant
Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
what are accounting principles
send me all current year taxation such that rates and exemptions or on which web site i have to prefer
is WCT applicable one time? and what will be rate of WCT in UP State?
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
wht do you mean by copmosition of tax
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
sub hadding no. scrap & Wastage in corrugated box
What is excise & service tax? What is the difference?
1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
what is rate of different service tax in haryana