Suresh S. Tejwani
26 December 2024 at 18:25

DEP RATES AS PER COMPANIES ACT 2013

WHAT IS THE LOGIC BEHIND 11.88% DEP RATE ON PLANT AND MACHINARY IN COMPANIES ACT 2013?


Ataur Rehman
26 December 2024 at 15:31

Audit limit fy 23-24

Sir, Fy 23-24 , One business turnover 80lac and another one business turnover is 90 lacs. Total turnover is 1 crore 70 lacs. Can I opted presumptive taxation scheme decraled 8% profit and file. Pls reply


Suresh S. Tejwani
26 December 2024 at 14:01

REGARDING Adjustments u/s 143(1)(a)

If return is filed before due date and stcl is carry forwarded but department had issued Notice u/s 143(1)(a) and time for response is lapse then what to do in that case?
whether rectify or revise the return?


Urvashi@0311
26 December 2024 at 13:20

Patnership income tax return

Hii!!! there is one patnership firm consisting of two patners. one patner died on 16/2/2023. do we need to file income tax return ???
what complaince we need to follow in such case where partnership firm has two partner and one partner dies??
does it automatically dissolved???
do we have to intimate to any authority??


Nabin Agarwal

Dept went to ITAT against a CIT(A) order. Though the Tax demand effect was only 21 lakhs. Dept filed the appeal to ITAT in exceptional clause. Is there any order of ITAT for such appeal filed.?


Nutan Mali

can I revise a.y 2023-24 return as RECEIVED DEMAND NOTICE

ALSO NEED TO REVISE FOR AY. 2020-21 FOR SAME REASON.


T.N.Reddy
25 December 2024 at 21:06

Pre-deposit @20%- appeal proceedings

Sir, on appeal filed with the appellate authority, the dept. is demanding 20% pre-deposit irespective of the good merits in the case. Any case laws are availble to substantiate that since there are good merits in the case, the pre-deposit 20% may be waived off.


Rahul Singh
25 December 2024 at 17:45

Confusion in Tax regime itr processing

AY2024-2025 original return filed and received defective notice in old regime and  revised return filed in  old tax regime
Last revised return filed on  01.12.24 with new tax regime same income same as first revised return.Whether department will process ITR 1 salaried Taxpayer in new tax regime or old tax regime the last revised return filed on 1st Dec 2024 in New tax regime Please tell


Somnath

Dear All
Is there any rule in income tax or labour law that a person can't get monthly salary & monthly consultancy fees from same organization at a time for service rendered ?

TDS on consultance fees will be deducted as per section 194J of Income Act
TDS on Salary will be deducted as per section 192 of Income Act


Suresh S. Tejwani
25 December 2024 at 13:55

REGARDING VERIFICATION OF ITR

CAN WE VERIFY ITR FOR A.Y. 2023-24 NOW? IF YES, THEN HOW?






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