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Pooja
23 March 2023 at 16:20

Section 80 d deduction

I get annual medical reimbursement of Rs 38000, the bills given for medical reimbursement are for my parents who are senior citizens. Can i claim this as a deduction under section 80 D in my income tax return?


Vikrant Singh Deo
23 March 2023 at 16:02

NEEDED OR NOT GST REGISTRATION

we are pvt ltd company and we are having office in bangalore and we have gst registration of bangalore as well now we are opening a new office in delhi so did we need the gst registration in delhi also ?

we r pvt ltd company and service provider of social media influencer.


ANOOP V.P
23 March 2023 at 16:00

Applicability of 44AD for Firms

A partnership firm opted 44AD in 2020-21.
But not opted 44AD in 2021-22

As per 44AD(4) the firm is not eligible for 44AD for next 5 years.

Weather tax audit is required for 2022-23 in the following 2 cases:

1. Turnover 80 Lakhs and Net Profit is 10 lakhs in 2022-23.
2. Turnover 80 Lakhs and Net Loss is 5 lakhs in 2022-23.

Reply me with reasons
Pls anyone help me


Prashanth Kumar K.M

Respected Sir / Mam
We are trying to file appeal form 35, getting error "Error: Please click on My Profile in the note given below to update your contact details with all mandatory fields".

We updated all contact details in profile. but still getting this kind of error. We are not able to complete the form 35 without basic information. Please do the needful.

today is a last date to file form 35 appeal. please help me in this regard.


Ashwini
23 March 2023 at 12:37

GIFTING A CAR OR SALE OF CAR

MY HUSBAND HAS PURCHASED A CAR IN HIS NAME AND NOW WANTS TO GIVE THIS CAR TO HIS DAD.WHICH IS A BETTER WAY TO SHOW SALE OF CAR OR GIFTING THE CAR TO HIS FATHER .CAR IS 10 YEAR OLD


Ankur Aggarwal
23 March 2023 at 12:21

PPF Investment for Minor

Hi,
I and my wife are salaried individuals investing 1.5 L yearly in PPF and taking deduction under 80C. We have 2 year old daughter. I want to open a PPF account for daughter, considering that i know that the total contribution of me and my daughter is limited to 1.5 L total, how to invest in PPF of daughter (minor):
1. I contribute 1.5 L to my wife's PPF, my wife contributes 1.5 L to my PPF, and i also contribute 1.5 L to the minor's PPF, making a cumulative investment of 4.5 L, and thus not breaking the upper 1.5 L contribution limit.
2. I open a HUF account, and contribute 1.5 L to the minor's PPF account as she will be member of my HUF. Take 80C claim in HUF. (But, i have heard, by this method also the maximum limit of 1.5L is broken as the minor is under my guardian ship only, and also that 80C deduction is not available to HUF for member's PPF contribution).
3. Minor's grant-parents are willing to gift her money. The money attained as gift in minor's account can be used to her PPF contribution. 80C will not be available, but 1.5L limit of PPF will not be crossed.
Please guide.


Daya
23 March 2023 at 12:19

Accounting entry while making

Accounting entry while making Export -FOB
Accounting entry while Import -CIF
what is rule.


Rakesh Goel

DEPRICIATION ON FIRE FIGHTING EQUIPMENTS AS PER COMPANY LAW AND INCOME TAX


Kavita R
23 March 2023 at 11:30

Amend the articles for common seal

As replied by the experts the Articles of association is required to be altered for deletion of common seal clause. But while filling the details online in MGT-14 and thereafter proceeding to E-AOA . Here the E-AOA is the standard one and the AOA which is existing in our records is as per the Companies Act, 2013 with certain additional clauses .

My query is do we have to included those clauses in the E-AOA , which are there in the existing AOA on record?
Do we have to amend the whole AOA as the E-AOA will be the final on record.?
Or else is there any other way for changing the specific clauses as per the existing AOA ?

Kindly reply urgently.


Harsh Chaudhary
23 March 2023 at 10:04

Opt Out From 44AD

If The Person Who Opts for 44AD in AY 22-23 And In AY 23-24 wants to Discontinue 44AD. Person Total Income is Less Than Basic Exemption. As There is only Loss From Trading in Derivatives Whether he will be liable for Tax Audit? (Book of Accounts is Maintained)