MY CLIENT IS A CONTRACTOR, HE PAYS SALARY TO ONE OF THE EMPLOYEES, THE EMPLOYEE CONTACTS ME THAT HE NEEDS FORM 16 FOR PURPOSE OF PERSONAL LOAN, MY CLIENT IS NOT REGISTERED AS A TAX DEDUCTOR AT TRACES AS HE IS NOT REQUIRED TO BE REGISTERED.
HOW CAN I HELP THE EMPLOYEE IN THIS SITUATION.

if my income is 180000 for fy.2016-17 and capital gain 10000 then i should pay tax or not?

Hi Frends, My query is that, if a business is newly setup, then is it necessary to make TDS deduction while making payment of professional fees or payment to contractor under section 194J or 194C viz Do it require to take TAN registration. Also if in any quarter no TDS deduction happens, is it require to file quarterly TDS return

Is saving bank interest liable to TDS if it exceeds Rs. 10,000 per annum as per section 194A?

for payment of advance tax in case of corporate assesses how to calculate advance tax liability more accurate how to calculate estimated income

Hello sir, If an individual gets rupees 10lakhs RTGS in the FY 2017-18 as a competition for the court case on the sale of building from the seller party by mutual understanding. Then under what is the treatment of this transaction under the head capital gain?

I have taken a health policy for my family. But my mother is the purposer and I am paying the premium from my account. Can I take the income tax benefit.

Dear sir,

If a senior citizen have salaried income, interest income, and income from business or profession. On his business income TDS has been deducted but now he is filling his income tax return the income tax software shows interest on advance tax while TDS has been deducted on Income from Business or Professional.
My question is that
when the tds has been deducted on income from business or profession it means we have deposit income tax on income from business or profession now why is advance tax liabilities arise.

Dear sir,

If a senior citizen have salaried income, interest income, and income from business or profession. On his business income TDS has been deducted but now he is filling his income tax return the income tax software shows interest on advance tax while TDS has been deducted on Income from Business or Professional.
My question is that
when the tds has been deducted on income from business or profession it means we have deposit income tax on income from business or profession now why is advance tax liabilities arise.

Hello,

When an assesse has a turnover of One Crore Eighty Six lakhs (1,86,00,000),
and willing to show a profit of 8%, then is it better to file under section 44Ad or is it better to go for tax Audit report.

Thanks in advance.