For A Y 2020-21 Original Return of Income was files u/s 139(1)
Return was processed and intimation received u/s 143(1)
Subsequently notice was received under E-Campaign which was responded by filing updated return of income u/s 139(8)
Now the status under E-Campaign is showing as "Closed" and Updated return is successfully e-verified.
My question is whether it can be said that case is closed or will any new intimation will be received against updated return ?
Hi
Assesse has employed in the Indian company till April 2016, thereafter went to Sigapur for employment purpose of the same company and he came back on January 2017, here as per the section 6 of the Income Tax Act 1961, he is Non Resident of India.
further stating that,
>He received the salary in Singapur and paid the applicable tax in that country during April 2016 to Dec 2016,
>He also not received any salary in Indian salary account during the April 2016 to Dec 2016,
>He received salary from Jan 17 to March 17 from Indian company in Indian salary account.
As per my understanding assesse is fall under NRI status so he no need to pay the tax on income earned during the period from April 2016 to Dec 2016,
But Indian company has deduct the TDS for whole year.
Based the form 16 issued by Indian company AO has considered, assesse is the Resident of India, and he need to pay tax on global income.
Here i need to understand that, whether he need to pay tax on whole year salary or only from Jan 17 to March 17.
Can anyone share the detailed procedure (video or link) to register a Religious Trust under section 12A of Income Tax Act.
Thanks in advance
what is the rate of TDS applicable on Cersai fees and under which section it will be applicable
Hello, is tcs under section 206c (1h) applicable if turnover of 10 cr exceeds in the current financial year?
Sir/mam,
One Consultant Filed ITRU FY 2021-22 AY 2022-23 , in Jan 2023 efiling portal accepted received acknowledgement.
Yesterday in CA Club india I was studied ITRU FY 2021-22 AY 2022-23 wef : 01-04-2023 it is enable to file
If what happen filed in Jan 2023
Please clarify my doubt and if it is filed before March 2023 what is penalty etc
Thanking you,
Rebate u/s 87A for Income up to Rs.7lacs is for both New and Old Tax regime or only for new tax regime?. Please clearly explain about OLD tax regime.
I have paid the TDS online & downloaded the challan but I forgot to download Form 26QB. Please inform me how can I Re-Download Form 26QB with proper details.
I had a demand in AY 2021-22 and a Refund in AY 2022-23. Now on cpc processing demand of 21-22 is adjusted against 22-23 refund (even after disagreeing with the demand). Now after filing rectification for AY 2021-22 the demand was quashed and stands nil. So now how can I claim the refund amount back as it was adjusted with the demand?
Hi,
suppose a company is considering its staff as consultants...and the company is a franchisee of a big brand and if the brand gives some amount as dinner/lunch (which employees can take) to the franchisee company to distribute among the staff, then will there be any tds on that amount or we can show as reimbursement of expenses ?
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