This Query has 3 replies
if a partnership firm have no profit or loss is come under tax audit or non tax audit.
Please give explanation.
Thanks in advance.
This Query has 1 replies
Sir, I file return original and received refund but after getting refund I came to know that tds credited more amount than the tds amount which I claim in original return. I got refund from original return. After knowing the different of tds, i file revise return on 12 sept, 2022 but not process till date. What can i do for this mater? Pl. Guide me.
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I am facing an issue, while replying to a notice on Compliance Insight Portal, i have filled all the mandatory fields like Response/Remarks, uploaded needed documents, when i click on Submit button, I get a pop-up window says Info "undefined", only button available in this window is "Ok" button, as soon as we click on ok, we are back to Response Submission page.
This Query has 10 replies
We have get in to agreement in March "21 and we are doing Sale registration in Dec"22.
Which date Value we have consider March'21 or Dec"22 and TDS how much owner are NRI
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Dear Sir,
After making the TDS payments, our banker has provided us Payment advice instead of TDS challans. Will there be any contravention of income tax provision if we have TDS payment advice instead of TDS challan ?
Note:- TDS payment advice does not mention the section code under which payment is made.
This Query has 1 replies
I provide business support services like the following for a private limited company. This private limited company is into the business of providing high end coding and non coding software service providers like program managers, project managers, Dev leads, programmers etc(body shoppers).
I have a GST registration and have business support services upto 60 Lakhs every year. I file all GST returns and have been filing my tax returns under 44AD, under presumptive income of 8% or 6%. I provide the following services:
a. Help the company with a few cash payments for low jobs, consultants etc
b. Organize games/cricket amusement facilities for the employees and consultants for the company.
c. Help the company is preparation of payroll, and supplier payments.
d. Provide resumes for Technical/Non Technical by using the company's database and external data bases like Naukri,Dice etc. Ours is non technical expertise with the final interview and finalization vested with the company. I get paid a small cut on every hour's billing from the consultant. The company manages the billing, time cards, hours of the consultant and I don't have any visibility.
e. Finally any other odd jobs like finding a security personnel, maids, arranging lunches, house keeping expenses etc.
Am I correct in filing my tax return under Presumptive Tax basis of 8%?
This Query has 1 replies
Hello Team.
I have query in HRA power of attorney,
Let's say I have given the POA to my mother, and in my absent she has given the home on rent.
Now rented who is depositing rent amount into my mother's bank account.
Will I liable to that income in income tax rule ? do I need to show that amount in my return in as clubing ? Or my mother is only liable for that?
Thanks
hemant
This Query has 6 replies
Can we file ITR under section 44AD for the FY 2021-22 if we have discontinued filling ITR under section 44AD in FY 2019-20?
What are the consequences?
This Query has 3 replies
rejected due to : 1) PLEASE FURNISH FIRST MONTH SALARY OR IT RETURN FOR THAT YEAR
What should I do now
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i havebank FDs for Rs 24,00,000 earning interest @ 6.3% income. Interest rate has since increased in presently *%.
Cancelling of fds and making fresh fds will involve Penalty and deduction of differential interest.
Can i take loan against FDs(@6.8%) and invest the loan amount to earn 8% bank interest. In such a case can i net the interest income for taxation deucting the total interest paid to bank from gross interest income
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
If a partnership firm have no profit or loss is come under tax audit or non tax audit.