Hi I salaried employee i moved to mumbai recently can i claim hra on two house one in mumbai other one is my parents house in my hometown

Hi
As per our quarterly performance our company is paying sales incentives. However this incentive is getting calculated as part of salary every month it gets credited. This is increasing my overall tax calculation.

I wanted to know if this is the right way. Because when payment are made to Chanel partner TDS of 5% is deducted for those payouts. Can’t the same happen for us . Please give the right way to approach this.

Sir,
It returns non filed person how many years itr returns filed allowed in it portal for visa purpose.

income tax return verified

ITR 3 is not taking negative figures i.e loss from F&O share in No Account Cases section of ITR. Also assessee is not liable to maintain book of a/c under 44aa as turnover and profit is less than prescribed limit. what is solution?

A trust is running coaching center and avail 12A exemption on the fee collected.
Is it allowed?

Thanks

DEAR SIR, WHILE PAYING SELF ASSESSMENTTAX FOR AY 2022-23, WRONG PAN WAS MENTIONED WHICH WENT UNNOTICED. RECEIVED INTIMATION U/S 143(1) SHOWING A DEMAND FOR THE SELF ASSESSMENT PAID PUTTING WRONG PAN. TOOK UP WITH IT DEPT FOR RECTIFICATION AND ALSO SUBMITTED GRIEVANCE. BUT DEPT ADVISES TO PUT COORRECT DETAILS AND APPLY . UNTIL PAN IS CHANGED IN THE CHALLAN, RECTIFICATION IS NOT POSSIBLE. REQUEST FOR GUIDANCE IN THE MATTER. HOW TO CORRECT IT AND FOR CLOSURE OF DEMAND.
THANKS & REGARDS

Hi Team

Parent Company established in Dubai
Subsidiary Company established in India

Subsidary company provide design services to parent company, is it taxable in india or not?

and also any exemptions?

One of our client is using JIRA subscriptions across organizations. Currently the procurements happen online and payment is done from the US. Now they wish to move this to India account which naturally attracts GST 18%. Is there any other benefits on Company Income tax or taxes they need to pay by moving this to India.

A Luxurious briefcase
was purchased by MD of our Company Rs.55 K. Invoice is in Company's Name. GST is also claimed. This Brief case is purchased as a gift to be given to one of our vendors. Kindly suggest the Accounting treatment and impact under IT Act