Whether the full amount of Deduction Under Sec 80DD is available in case the person suffering from disability died during the year??
Answer nowwhether interest income received on investment in bond under section 54EC is taxable ?
Answer nowHello,
I want to know whether capital gain is attracted on succession of partnership firm by a company in which such company is already a partner. Consideration is discharged by issue of shares to retiring partners. retiring partners are already shareholders in such company. Company has issued shares at price lower than interistic value of shares.
Thanks
I am a senior citizen and I get a rent of Rs15000/- per month from a commercial company using my space. I would like to know about the TDS details regarding the same. Do I have to pay it and if yes then which form I need to submit…I would prefer if the detailed procedure is being communicated to me
Thank you for the same.
Hi,
I am a employee of company which gives me form 16. Also I have provided some service to private company who has issued me Form 16A and had Deducted TDS under section 203.
I came to know from some of CA club members that I need to use ITR4 for filing return.
Is it require to carry Audit for filling this return. Since this is professional under which section I need to mention the Income.
Also Will there be more tax liability in addition to TDS which was deducted.
Expecting your help for this. Thanks in Advance.
While making payment to professionals (Eg Audit Fees) whether TDS is to be deducted after including Service or before inclusion of Service tax
Tax Audit For Placement agency & Advertising agency whether limit is 10 lakhs or 40 lakhs u/s 44AB
Answer nowQ. What amendments made in the treatment of anonymous donation received by religious trust u/s 115 BBC ?
Answer nowA partnership firm having son and mother as partner has shop purchased in 1987 in name of firm.It is given for rent for 6 lac+ Deposit of 3 lacs earning interest of 9% in bank.The firm has no business income.Suggest tax planning for firm or it will have to pay 30.03% firm tax on income from house property and interest income from other sources. Any deductions that can be claimed over and above standard deduction of 30% + municipal taxes.
Suggest.What if shop is in partnership name in society records and thereafter registered in 2008 as propritor of the firm with registrar by one of the partners.Can then the rental agreement be entered in individual capacity as proprietor.
Hi,
I am trading with forex for last 6 months, I want to understnd whether Forex is legal in India, and if yes how should i file income tax return for forex gain.
Sec 80DD