Dear all, I have an query about taxability on compensation received by an individual family member. Case:- Mr.A was hired as a contract labour with ABC ltd(construction co.) for restructuring of roads. while working, Mr A came down under the dumper . family member of Mr.A got compensation for such cause from contractor. Now my question is whether this is taxable in the hands of family members of Mr.A thanking you all and I would be very happy if i can get any supreme court judgment for such case/s a
i had purchased property in 2006 now i had sold the property in 2016. i m planning to invest in another house property so in the mean time i have invested in the fd account so what is the treatment in filing returns
Answer now
Dear Sir,
My Gross Receipt is Rs. 758650/- and Net Profit is Rs. 14685/-.
Do I need to do tax audit if it is less than 8% ???
thanks
Gross Receipt u/s 44AD including Service Tax is reflecting in form 26AS.TDS has also been deducted on Gross receipt Which figure of receipt is required to be taken for the purpose of computation of income i.e receipt including service tax or excluding service tax.
Kindly Advise.
Dear Experts, I have filled ITR 7 AY 2016-17 of AOP .AOP is registered under society Act. But demand determined u/s.143(1). But at time filing of ITR 7 not calculated any tax on total income. Kindly help me the above matters. Then I will be thankful forever.
Answer nowmy organisation name: shri sai shikshana samsthe (R) haliyal
pan no. aaals4759e it is belongs to local authority
but in registration shows organisation name mismatch with the pan & status how i register this pan in income tax site
to file the return of income.
kindly resolve this problem.
with regards
Shidramappa N L
sir while i was trying to file itr 3 i got an error stating that 'please enter the source', please suggest me how to resolve it?
Answer nowHello all
Please suggest me about document required for tds deduction from the salaried employee.
Like rent receipt--original or duplicate or rent agreement sufficient.
LIC -original or duplicate
Other documents like home loan interest certificate, medical allowance, saving, tuition fees, children education allowance etc original required or duplicate sufficient for assessment purpose
Regards
Sunil Kumar
WHAT ARE REQUIREMENT FOR RETUEN IN CASE OF COMPANY HAVING LOSS.
BECAUSE THERE IS NOT TAX AUDIT.BUT ITR 6 IS TO BE FILED.
FORM 3CA-3CD IS TO BE FILED
Sir,
Under Income Tax act, which rate is applicable for CCTV Camera for providing depreciation?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Taxablity in hands of family members