sir
overseas education consultancy it comes business or profession, which code mentioned in itr form nature of business column , so i request you kindly help me.
Thanking you
Dear Experts,
I have a problem in TDS Return for Salary 24Q (Q4), about the deduct Sec87A in RPU file. There is no place to show in the return.
Please guide, where do i deduct 87A in Annxii ofRPU.file?
if a indian company converts reserves in foreign compnay into equity will there be any tax implication to indian holding company. the foreign company is in Singapore.
Answer now
WE HAVE GIVEN HOSPITAL ON RENT AND ALL THE FACILITIES ARE USED BY THE TENANT BUT MEDICLAIM (TPA) IS DONE IN THE NAME OF THE HOSPITAL AND TDS IS DEDUCTED IN THE NAME OF THE HOSPITAL AND BALANCE AMOUNT WHICH IS RECEIVED BY THE HOSPITAL IS GIVEN TO THE TENANT BUT NO TDS IS DEDUCTED WHILE PAYING THE AMOUNT TO THE TENANT. SO WHAT CAN BE DONE?
THE HOSPITAL IS UNDER AUDIT AND NO RETURN HAS BEEN FILED BUT IT WANT TO CLAIM TDS SO HOW CAN IT BE DONE. PLEASE GUIDE WITH APPROPRIATE SECTIONS!
Ekk partnership firm hai unka yearly income 5lacs hai.2 paetner hai.this is their first year.they do not want to give any tax(income tax). Can any one pls suggest some planning
Answer nowSir,
Assesse has purchased gold form E gold auction done by bank,and then sold in later.
He has made some profit form it.
As it is not a regular business for him, the profit made form this will be taxed under which head.
The holding period for gold is less then a month.
Would it be STCG or business income or income from other sources.
Thanks in advance....
There are two employees working with us who are from Nepal. Company's employees contributed PL/cash for them and company is making the cheque in favor of those two employees for Rs 1 Lacs each and recover the same amount from employees's salary / PL. Will TDS applicable on this donation?
Please advise.
Dear sir, An HUF receives a sum of Rs.425000/- in the beginning of this financial year, of 30 yrs. old litigation this year through cheque as settlement amount through court. The basic amount was been shown since 30 yrs. Rs.115000/-in HUF Balance sheet (assets side)as debtors. Since 30 yrs. no provision of interest was made on that litigation amount. What would be the tax implications for that as that HUF income is only interest income about 80000/- annually .. Kindly suggest ways to save income tax . Are there any investment plans to save the entire amount from taxation. kindly guide me. Also suggest some related articles/posts/ threads to read in this regard. thanks. shrenik kumar sancheti.
Hello everybody
My problem is that one assessee is taking salary 20000 per month from a firm TDS is not deducted and also obtained commission of rs. 120000 from another firm on which tax has been deducted. is any income of these dis allowable?
Dear Experts,
Mr Y has entered into an agreement of sale on 2nd March 2015 and received advance of Rs 1 crore. Total sales value is 8 crore
the question is whether this 1crore is liable to tax in the FY 2014-15?? whether there is any capital gain?? if there is any case law dealing such situation ???
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Comes under business or profession which code mentioned