This Query has 5 replies
HI,
MY CLIENT IS CARRING A BUSINESS AND WHOSE TURNOVER LESS THAN 1 CRORE IN P.Y 2023-24 ALSO PROFIT % IS LESS THAN 8%/6% WHETHER HE HAS TO DO TAX AUDIT IN P.Y 2023-24 OR SHALL HE FILE NORMAL RETURN IN JULY WITHOUT TAX AUDIT
IF TAX AUDIT THEN APPLY THEN UNDER WHICH SECTION HE HES TO DO TAX AUDIT
This Query has 1 replies
After the death of a government employee income tax can be deducted from the monthly finance assistance granted to spouse of deceased. please answer with proof.
This Query has 1 replies
Is amont received by haryana govt due to monthly financial assistance ( beneficiarie of deceased employee) taxable?
This Query has 3 replies
Dear Sir/Madam
I am a salaried person . I traded in currency future in FY 23-24 and earned 222000/-. Can I opt for the Presumptive Income under Section 44ADA to save taxes. What are pros and cons of the Presumptive Income under Section 44ADA.
This Query has 1 replies
Respected Sir
Auto Consult Income ( Purchase and Sale of old Vehical)
First question is auto Consult Income is business income or not
Can I show this income under ifos??
Second question is if it's only declare under business then what amount should be show , it's only commission income or sales income ??
This Query has 1 replies
Sir/Madam
I have tried to reset login password in income tax portal and it was not reset due to mismatched in father name.
I tried to entered father name as per pan card and as per aadhar card but not matched. Is any other option to reset login password??
This Query has 1 replies
In a recent case law Synergia Lifesciences Pvt. Ltd Vs DCIT (ITAT Mumbai) tribunal has allowed for deduction of csr expenses.
Is it applicable to all companies.
Can a company opting for 115BAA claim csr expenses deduction under 80G for current financial year?
This Query has 1 replies
Hi
I need some advice, can you please help.
I am suvendu patnaik and i live in Germany currently. I am an NRI and want to rent my flat in hyderabad in india to a tenant.
Since I am an NRI, the tenant will have to deduct TDS and its an administrative burden on him. So i want to rent my flat 1st to my brother who resides in india and my brother in turn can rent it out to the tenant. The TDS part now will be between myself and my brother which i am ok to manage.
Is this legally ok, can i go ahead with this arrangement, can you please help me with your advice on it.
Thanks
Suvendu Patnaik
This Query has 1 replies
Hi
I held Corporate Bonds of Public Limited Company for more than 3 years , which were redeemed by company during FY 2023-24
Whether profit on this transaction fall under Short Term Capital Gains or Long term Capital Gains
This Query has 1 replies
Invoice received for FY 2022-23 in FY 2023-24 for individual his making construction of house and maintained by books of accounts by individual , May be any consequences for booking this invoice in FY 2023-24
44AB AND 44AD