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
What do you mean by vat, vat registration total cost hydra bad in which places
Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
define double entry bookkeeping
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)
What is the difference between the excise duty and the sales tax?
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
come'?
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?