Dear all,

Our company gives advance to the employee to meet expenses incurred at the branch.
Nature of the transaction includes fix payment to labour contractor,rent ,electricity ,water,food ,stationery purchase,internet service ,mobile expenses etc..

Post payment employee prepares a voucher and sends the same to HO for accounting against advance payment.

Some of the expenses attract TDS as well.

Now my question is, Do we as a company need to deduct TDS on such reimbursement?

Regards,
Ravi Konda

Trust filled an application in Form 10A under section 12A and 80G. the provisional registration in form 10(AC) is issued by the ITD. Then the trust file form 10AB under 12A and 80G and the form is rejected with provisional registration approved in 10(AC). So, i want to know how to proceed further without approaching ITAT.

Thanks

How to Surrender the PAN number if it is applied anonymously by someone without being in our knowledge?

Dear sir, My client only sell on Amazon and his receipts under section 194o is more than his sales provided to him by amazon. Eg. - his turnover as per amazon sales report is 12 lakh where as his income on which TDS has been deducted is 24 lakh.

we have submitted our 26Q2,23 Return timely and here we shown one Party whose actual TDS deducted requirement 2% (U/s 94C) but we have deducted TDS Rate 1 %.

So IT Department Issue Short Deduction Notice , after received notice we have paid the demand amount and Online added our demand paid challan in TDS Statement & lastly have done CONSO FILE and download the conso file.

Now Our Question is how to show this Demand challan entry when we will REVISED TDS Return …………..

WHETHER UPDATED RETURN FILED U/S 139(8A) BECAME DEFECTIVE U/S 139(9) THEN SUCH RETURN CAN BE RECTIFIED OR CAN BE FILED U/S 139(8A) AGAIN?

Resolved and deleted.

Sir,

Upto which date we can file the income tax returns for FY 2022-23?
What is the interest and penalty? for individual case and Tax audit also

Greetings of the Day,

I'm earning my income through.

1. salary
2. my 6 small size business
3. shares, stocks and mutual funds
4.freelance

Then I'm contributing towards

EPF, PPF, RD, FD, LIC. Health Insurance, Life Insurance, donations etc.,

Which return should I opt too.?

Sir

if a person have capital gain from Mutual fund Rs.2060/- and stock Rs. 4060/-so while filling ITR-2 short term capital gain seclude 111 A. he show total Sales from Mutual fund + total sales from Stock and put the value of column full value of Consideration and same as total purchase of MF+ total purchase of STock and put the value of Colum Cost of acquisition without indexation then Capital gain/loss reflect
or need to disclose separately separately
please sugget