This Query has 3 replies
If an assessee had got tax audit last year, turnover
A. Upto 1 crore
B. 1 to 2 crore
Showing net profit less than 8/6 percent in 44AD.
Is the assessee required to get TAN and deduct TDS?
This Query has 1 replies
Sir if some one has opened SUKANYA SAMRIDHI ACCOUNT by name of girl child. Is it mendatory PAN number by name of minor child to do deposit small savings(less than 50k) in a year
regards
Vikas Sharma
This Query has 1 replies
SIR
MR A NRI. HE GET THE SALES OF RURAL AGR LAND FOR( INHERITED LAND MORE THAN 100 year)
my query is
1) it applicable for LT
2) PROCEDURE FOR THIS AMOUNT TRANSFER FROM INDIA TO HE LIVING COUTRY
3 ) LIMIT OF TRANSFER AMOUNT
THANKS
This Query has 1 replies
If we had payment through bank and having receipts of 80G but the said institute has not file 10BE , so AO can disallow such deduction in our return of income.
This Query has 1 replies
Dear Sir,
One of my client is into providing IT support service to foreign client on contract basis. My query is can I file his return under Presumptive Taxation scheme and declare 50% profit.
This Query has 1 replies
Dear sir,
Gifting Mutual fund online is possible or not and are there any tax implications since the units are been transferred from NRE (son) to Individual (mother).
thank you.
This Query has 3 replies
Assessee had received a notice us 148A(1), to explain the source of investment in FDs. We had replied to that notice before due date , it's not a new deposits deposits but a renewal of old deposits. Also relevant documents were enclosed to that notice. There after AO passed an order us 148A(3) , that no replied filed till date to notice us 148A(1) & issued a notice us 148. Now we filed a return us 148 & in assessment proceedings we also argued that order us 148A(3) is invalid. Also I had a jurisdictional high court that is Bombay High court writ petition order where it clearly says that such orders us 148A(3) is invalid. Now in my case it's obligatory for AO has to follow Bombay High court order or not ?
This Query has 5 replies
DEAR SIR,
ONE OF MY CLIENT IS GOVERNMENT SALARIED PERSON. HE WAS DEPOSITED 11,00,700/- TO HIS SALARY BANK ACCOUNT FROM WITHDRAW MADE FROM GOLD LOAN ACCOUNT OF RS.239000/- REFLECTED IN AIS REPORT.
THE CASH DEPOSITED REFLECTED IN AIS REPORT.
AND ALSO HE IS HAVING HUF STATUS OF PAN CARD.
HE HAS RECEIVED SOME AMOUNT FROM HIS FATHER AFTER RETIREMENT BY CASH.
ALONG WITH WITHDRAW FROM HIS GOLD LOAN ACCOUNT AND HIS FATHER CASH
DEPOSITED IN HIS SALARIED ACCOUNT.
NOW HOW TO REPORT CASH DEPOSIT IN HIS SALARY ACCOUNT
PLEASE CLARIFY ME
THANK YOU REGARDS
This Query has 1 replies
Form 68 filed for claiming immunity. Ignoring immunity claim if penalty is levied , we can file against the proceedings
This Query has 8 replies
Can I make sales to my gst huf proprietorshipship firm from my sole proprietorship firm? If I can make sales what reasons should I give for sales? Please clarify with examples?
TDS deduction liability ?