Dear Sir, One simple yet logical query.
How to calculate / claim standard deduction for the following :
(1) Gross Taxable Salary Rs.75000/-
(2) 80-C Deduction Rs.25000/-
(3) Prof. Tax Rs.600/- so net taxable salary Rs.75000-25000-600 = Rs.49400/- In this case my question is whether standard deduction for FY 2022-23 to be claimed as Rs.50000/- or Rs.49400/- (net taxable income) because if we claim Rs.50000/- then taxable income comes in negative (-)600. So please guide. Thanks in Advance
My question is how to calculate 80c deduction 26600 explane plz
WHICH SOFTWARE IS BEST FOR INCOMETAX AND TDS RETURN ?
AND LOW COST
whether sec 194R will attract if i have paid something on behalf of company and after that claim same amount as Re-imbursement? (Amount is more than Rs 20K).
i am buying a truck worth 28 lakh, the dealership issued invoice for 33 lakh and then raised credit note of 5 lakh, so my question is should i take depreciation on 33 lakh or 28 lakh.
in a invoice we saw that expenses related to shares given
but not given that it is related to sale or purchase
when in the same invoice sale or purchase given then ,
can I add the expenses in purchase or
can I less the expenses from sales
which one is better option.
selling of two different shares
whether GST, Trx, Charges, STT, Exch. Clearing charges , Brokerage Charges expenses etc,
whether can I deduct these expenses of selling of any one shares.
Example selling of shares
Suppose Total expenses
Trx. Charges 500.00
Exch. Clearing Charges 500.00
Total Rs. 3300/-
whether can i deduct these expenses of selling of any one shares .
Whether enhanced compensation received along with interest thereon by way of court order from compulsory acquisition of urban agricultural land is exempted under section 10(37).
Whether TDS to be deducted for microsoft azure usage charges?
It has to be deducted under 194C
But our vendor is disputing that there is no TDS as per
CBDT Notification No.21/2012
[F.No.142/10/2012-SO(TPL)] S.O.1323 ( E ) dated 13/06/2012
Isn't the notification clearly mentioning that it is for Acquisition of software?
Is it also applicable for normal subscription charges for a software?
one of my client's form 26as showing entry US 192 which is absolutely not belongs to him. How to rectify ?
We have sold some goods (agriculture product) to govt. Agency. Agency deduced EPF and clear balance amount. its pending from govt. agency more then two years. so its my current assets or Non Current Assets
ITR 1 and ITR 4
GST Practitioner Certificate Course 36th Batch
Sub regarding 23.5.2023