We file income tax under section 44AD and are traders. Is section 43B(h) applicable to us?
IF TDS IS DEDUCTED U/S 194S CAN WE SHOW SUCH TURNOVER IN ITR UNDER PRESUMPTIVE INCOME? IF AN INDIVIDUAL IS REGULAR TRADER OF CRYPTOCURRENCY.
What is the Tax rate and surcharge rate for discretionary Trust for AY 25-26?
one grand mother is willing to transfer an amount of 50 Lakhs to her as a gift with love and affection on her grand daughter to survive herself in future, since she is no support of father, only mother is caring now,
is income tax applies on said cash gift to donee, since doner sold out her house property, out of said source she willing to transfer said amount.
please guide me in this regard.
Can a govt PSU deduct TDS under Section 194J on payment of Rs. 2,00,000 to the Institute of Cost Accountants of India for a certificate course of its employees. Please confirm
Sir.
Due to medical treatment of owner, unable to pay advance tax Q4 with in the mar 26.
Let's me know if paid with in Mar 31, is there any benefit with in respect of interest.
Please advise.
Binu
In case of the buyer deducted TDS on the sale consideration and deposited the same .Subsequently, the transaction was cancelled, and the consideration amount was refunded to the buyer by the seller.
1.Whether the TDS deposited under Section 194-IA can be claimed as a refund in such circumstances.
2.Whether the refund should be claimed by the deductor (buyer) or the deductee (seller).
3.The appropriate procedure to claim such refund, including any rectification or correction in Form 26QB.
sir,
A partnership firm remenuration and interest paid to two partners.
Question:
tds provision applicable on remenuration and interest f.y.25-26 .
If we file ITR-5 instead of ITR-7 in FY 2023-24 and report an income of ₹12,000, a demand is raised. Is there any way to avoid paying this demand, considering that we had provisional 12A registration for that year?
Sir/Madam, we had certain expenses disallowed during FY 2017–18 and FY 2018–19. We subsequently filed an appeal and received a favorable order. However, the refund has not yet been received. Kindly guide us on the procedure to obtain the pending refund.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
43 b 1 h