My client has around 2.5-3 cr in Bank account. And want to invest (FD).
Please guide me, how can I make him plan his taxes. He has wife and childern(1-18+,2 below 18).
Is there any way I can transfer money to her wife (as loan) and invest in her name

With the prior approval of my employer (a govt company), i made payment of Rs 2.50 lakh to a bus operator during my tour. The bus operator had issued bill in my name, as per the practive prevalent in my company. Now, my employer is asking me to recover 1% TDS from the bus operator. Considering the bill was not in my employer's name, is the employer liable to deposit TDS for this bill? Is it proper on my employer's part to ask me for TDS recovery? Please elaborate.

Incase of loss in fno and intraday whether it is compulsory to go for audit if turnover is around 20lakhs to 22 lakhs???

FORMER -A, COMMISSION AGENT -B, RICE MILL -C.
FORMER-A- BROUGHT ITS PADDY (FOOD GRAIN) IN THE GRAIN MARKET FOR SALE ON AUCTION AT COMMISSION AGENT SHOP-B. THE RICE MILLER -C- PURCHASE THE FORMER PADDY ON AUCTION . NOW THE COMMISSION AGENT -B- ISSUE THE FORM I IN THE NAME OF RICE MILLER BY SHOWING AS
PADDY VALUE WT*RATE (50.00*3000) 150000.00
DHAMI/COMMISSION @2% 3000.00
LABOUR - BAGS*LABOUR RATE (100*7) 700.00
TOTAL 153700.00
THE COMMISSION AGENT -B SAYS THAT I AM NEITHER PURCHASER NOR SELLER. I AM ONLY COMMISSION AGENT/MIDDLE PERSON. THE COMMISSION AGENT TRANSACTION WITH THE MILLER HAS MORE THEN 50 LAC IN A FINANCIAL YEAR. MY QUESTION IS THAT THE MILLER IS LIBLE TO DEDUCT THE TDS U/S 194Q FROM COMMISSION AGENT.

What is the procedure of change of PAN No. in Advance income tax challan.

Kindly advise me what is the procedure

suppose a service provider is msme registered and the person who is taking the service is also msme registered so the service provider should mention the msme number of there own and as well as of the client also to whom they are providing the service . it is mandatory ?

If there is a farmer who does not file income tax, if he wants to buy an agricultural land, then in which mode should he give the money to the person in front of him so that he does not get any income tax notice??

Dear Experts ,
Kindly clearify whether LIC Maturity (surrendered before 2 Months) Policy issued during 2011- Amount received During 2023
1.Yrl Premium 18376 Amount received on 9/2/23 Rs.294603
2.Yrl Premium 18376 Amount received on 14/3/23 Rs.294603
(2 policies)

Thanks

I made LT capital gain on two listed structured products security instruments of Edelweiss, one a MLD, other a specific equity shares linked security. I understand that I can claim LTCG on them at special rate of 10%. ( there was buy back by the company)
My question is where exactly should I show this gain in ITR2 form under LTCG in the tab CG of the ITR utility? Is it under listed security?

there are many option under Income tax tab for the AY 21-22
1. Self-Assessment Tax (300)
2. Tax on Distributed Income to Unit Holders (107)
3. Payment of Demand/Penalty/Interest etc. under Undisclosed Foreign Income And Assets And Imposition of Tax Act, 2015 (Black Money Act) (108)
4. Secondary Adjustment Tax under Section 92CE of Income-tax Act, 1961 (110)
5. Accretion Tax under Section 115TD of Income-tax Act, 1961 (111)
I think its self assesment tax