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G Prathiba
This Query has 3 replies

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.


somaj sagolsem singh
This Query has 1 replies

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.


Ramesh Iyer
This Query has 1 replies

This Query has 1 replies

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.


syed taherali
This Query has 10 replies

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


C.A. Sandeep Wawhal
This Query has 1 replies

This Query has 1 replies

20 December 2022 at 12:02

TDS challans vs Payment Advice

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.


Navin Gadidala
This Query has 1 replies

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%?


hemant php developer
This Query has 1 replies

This Query has 1 replies

19 December 2022 at 14:00

HRA in power of attorney

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


akshay maloo
This Query has 6 replies

This Query has 6 replies

19 December 2022 at 13:34

ITR filling under section 44AD

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?


thamizharan
This Query has 3 replies

This Query has 3 replies

19 December 2022 at 10:09

EPF REJECTED REASON

rejected due to : 1) PLEASE FURNISH FIRST MONTH SALARY OR IT RETURN FOR THAT YEAR

What should I do now


Krishnamurthi Ramalingam
This Query has 1 replies

This Query has 1 replies

17 December 2022 at 17:10

Netting of interest income

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






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