A Private Limited Company has income from House Property and Other Sources. Does not have any business income

Can expenses with regard to business which will be loss from Business be set off against income from House Property or Other Sources ?

Dear sir

i have 30lacks Unsecured lone From my father and family member in books
so now how can i clear that ...can we treat as gift please advise me

thank in Advance

1. Can we pay rent (66,667/- rs p.m.) for Apr 2023-Aug2023 in lumpsum or otherwise like separate payments for 5 months in current sept 2023 month to mother (75 yrs old) since it was not paid in respective month?

2. Can we get a rent agreement with commencement date as 1 apr 2023 on current stamp paper dated say 10 sep 2023 of rs. 100?

3. Can rent receipts be formed as per point 1 and 2 above and given to employer and will that be admissible for claiming HRA from salaries received sep 2023 onwards?

Today i filed a TDS form(sale of property) 26BQ and paid 5000rs amount from net banking.After successful payment from my account,server doesn't redirected to incometax website and i didn't get any Challan no or Acknowledgement no.When i check the status,it is always showing as 'Payment Initiated'
I have property registration in 2 days.
Can't understand the fate of that transaction.Any inputs please.

Sir

Can a person opt for 44AD for one business and Opt Audit u/s 44AB for another business .Both business are different and books kept separately. Gross Receipts Exceeds 1 CR for both business

Thanks

C Op bank has revalued one of its immovable proerty a few years back based on valuer's report and has created revaluation Reserve. now the bank intends to sell the same. Query is:
1. how will we calculate profit on such sale? Whether by substracting revalued value from sale value?
2. Will the profit be considered as routine business income or it will be treated as Capital Gain?
3. In case if we treat it as Capital Gain, will indexation benefit be given to arrive at taxable Income?
4. What will be accounting entries?

Sir/Mam,

Our Courier person is proprietor and Registered in GST, we are paying regular monthly courier charges, Our payment crossed Rs. 30,000/-

My doubts courier charges TDS applicable or not , if applicable what is TDS rate

Plz clarify my doubts

Our company has opened a Group Gratuity Fund with LIC for disbursement of Gratuity to employees. LIC gratuity A/c and Gratuity Bank A/c are maintained in the books of the company itself. Each year, Gratuity provision and fund balance are adjusted in the books as per the actuarial valuation statement received from LIC.

Issue : What is the tax treatment of income/expense recorded in the books which has been accrued as per the actuarial valuation statement from LIC ?. For example, if we account Rs.5 lakhs as income recognised as per LIC actuarial valuation statement, whether that income can be reversed in the tax computation? or the same needs to be reported as the income of the company?

Dear All,

What is due date for filing NIL Income Tax return of a company for FY 2022-23?

suppose purchases made during the year 100 cr which is reflected in GST. However invoice for 1 cr purchases is not found at the time of audit/nor duplicate copy collected from parties upto the date of audit and it is disallowed by the auditor in fy 21-22.

however party gave duplicate copy of invoice post audit.

My question : can 1 cr purchase accounted in fy 22-23 pertaining to fy 21-22 be allowed as expenditure in fy 22-23 ??