Dear Sir,
During filling ITR i have mention three bank account apart of 3 account 2 account not linked to my income tax account. i have done many validation requests but not validate
so suggest me what to do in case.
Our auditor filed audit report for fy 2020-2021 . Depreciation of Rs2000/ shown in profit and loss account but was not deducted from laptop and value of laptop as b/f on 1/4/2020 was shown.
Now for fy 2021-2022 how will we rectify this error? What value of laptop to be shown on 1/4/2021 ? Please clarify?
Can state govt. employee get additional deduction under 80CCD (1B) of Rs.50000/-
Salary as per below
Basic Rs. 437600/-
DA Rs. 74392/-
other allowances ( incl HRA,TA,DCPS) Rs.200168/-
Total Gross Salary Rs. 712160/-
Investment
80C - LIC,NSC Rs.150000/-
80CCD(1) - Employee Contribution Rs.51834/-
80CCD(2) - Employer Contribution Rs.72444/-
Please help me with the following matters
1. Hardship money received from developer in case of redevelopment is taxable or not? Also how to record the same in tally?
2. Rent received for alternate accommodation in advance taxable or not? Also if taxable under which head? Income from House property or IFOS? (Rent received from developer is not spent on any other alternate property)
Thanks in advance
Dear Sir/Madam,
I have purchased LIC Policy of Rs. lack. now maturity amount 2 lacs in which bonus of rs 25 k included. tds also deducted. Pls. explain me how much amount is taxable ?
Hello everyone,
I'm unable to upload CSV file on income tax site for bulk verification of PAN under section 194N. Could you please give suggestions for file format and anything that need to be take care for uploading.
Thank you
Hi,
We have used the Third party warehouse for storing our raw materials , now Third party raised the Invoice and mentioned Warehouse charges in the Invoice, can please advise Tds is applicable under Sec 194C or 194I
Sir / Mam
We are GTA ( P Ltd)
We do not have any own vehicles
We are renting of all our sub-contract vehicles to another GTA.
Here, We are the sub-contractor to that GTA.
They are ready to deduct the tds on our payment.
Is it applicable?
Plz let us know the right solution
Thanks in adv
having 3 let out property , out of 3 let out property one is commercial let out property which is vaccant for last one year , so should we considered approximately rent of this commercial let out property to calculate taxable income , and how to calculate approximately rent .
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