saumitra chakrabarti
01 March 2024 at 10:28

Principal Officer

Suppose Mr. A is the Employee Benefits Manager of a Company who is a Digital Signatory for submission of TDS return u/s 24Q. Will Mr. A be treated as the Principal Officer of the Company for that ?


Dharam Pal
19 August 2024 at 18:08

Accounts work income

Sir,
My Income from Interest on FDR Rs. 5 Laks approx. and Income Rs. 200000/- capital Gain and Rs.30000/- annual from accounts work for flling of GST of GST Return etc. please advise the amount of Rs.30000/- may be shown in Salary Head in Income tax Return and file return in ITR-2?
Thanks
Dharam Pal
Mob. No. 9810600330


raj khivsare
29 February 2024 at 22:25

Officer demands bribe

Sir,
Recently i purchased a flat, paid full amount in white , i am regular in filling my returns, but my CA says i have to pay the officer a bribe or else he will make a scrutiny and will harass me unnecessarily.
I want to know if my all income tax records are clear, can a officer give a notice for scrutiny or my CA threatening me unnecessarily.


TARIQUE RIZVI
29 February 2024 at 17:45

1% TCS ON SALE OF TRUCKS

Ours is a private limited company and on account of fixed assets we have trucks for transportation purpose. We wan to sell these trucks. Please let me know whether TCS @ 1% shall also be added to the sale price of the trucks.


Neha
29 February 2024 at 17:22

Compliance Mismatch

Sir/Madam
Please clarify in ITR 2 of FY 2022-23 amount of Income on deposits has been wrongly taken being amount of interest on savings bank
and the correct figure of interest on FD has been shown as a separate entry against others in ITR
Now on comparison with AIS in Compliance matching Interest on Deposit as per return is not matching with interest on deposit as per AIS
Notice to explain Interest mismatch has been received by me
How to address this issue
Please Guide

Thanks a lot in advance


Marimuthu
29 February 2024 at 17:12

TDS On champer

Dear Experts,
1 A company is remitting the specified amount which is more than Rs 1.00 Lakh, to its business champers of society.
2 It was paid towards membership fees.
3 Whether the TDS will attract?
4 If so, under which section?
5 Pls clarify


naveen
29 February 2024 at 17:02

Sec 281 of the Income Tax Act

Hi,

Whether CA is required to issue certificate under Sec. 281 of the income tax act or through A.O. Procedure to apply such form application.


TRIBHUVAN PUROHIT

Dear Sir,
There is one HUF wherein Karta expired
Leaving behind wife son and daughter co-parceners

Now son to be made new karta as per mutual understanding
But how to update the same in Income Tax record

please let me know
Thanks in Advance

Regards


saumitra chakrabarti
29 February 2024 at 16:58

Digital Signatory

Suppose Mr. X is a digital signatory in a Company for issuing Form 16 and submission of TDS return 24Q. Now, if any misstatement or concealment of fact happens in the TDS return 24Q, how far the digital signatory will be held responsible for that ? Will he/she be subject to penal proceeding or prosecution ?


Vaishali jain
29 February 2024 at 15:36

Director Lease out House to Company,

Can a Director lease out the house to The Company and live in the same house?? Rent/lease amount is as per market value only. The Company is closely held company and Director is the shareholder of the Company as well.

Can this arrangement be done? If there is any impact in Company's act also Kindly let me know?






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