Hello everyone!
We have paid some amount in lacs to WAQF board for renewal of lease of land in our favour by cheque. WAQF board has also issued receipt for the same by mentioning the amount received on account of Donation. (about 80G Certificate / status of WAQF board not sure)

Please tell whether can this donation be claimed as deduction while computing income tax liability for the year.

Regards

Hello Experts,

A foreign citizen working in India as an employee.

The Indian organization is providing for his to-fro journey (international travel expenses) for his country.

Is it taxable or treated as an allowance?

The assessee’s total income for A.Y. 20-21 is 2,00,000 i.e. below Basic Exemption Limit, but failed to file the return. He has been filing returns since 10 years so it is preferable to file NIL return for this year. Since time elapsed, now the only option is to file through updated return. But updated return does not allow ZERO tax payable or refund. This is a ZERO tax payable case. There is no TDS. I can still make him pay 1000 penalty but the column of “amount payable” will be zero which is shown as error while filing the return. How should i proceed with it ?

For Loss from business; setting it from House Property Income claiming refund. ITR filed after due date but before extension of due date till 15/03/2022. whether the loss from business be adjusted from House Property Income & refundable made accordingly.

Dear Friends,
Kindly share your thoughts on the following query.
A is the HR Manager of ABC Pvt Ltd. He along with a workshop group of 40 staff members goes to a nearby hotel/restaurant and orders for a buffet lunch for 42 people and makes a payment of 42000 for the same.

Is there any TDS liability on ABC Pvt. td. on this payment.
And what will be the position if the workshop is organized in the same hotel/restaurant.

Thanks
PC Joshi

Trust registered under 10AC as per finance act 2020 is for which permission is granted up to A.Y.2024-2025 being registered provisionally which is again required for re registration.

I got an outstanding tax demand under section 143 (1) for A.Y21-22, for Rs.6140 on 21-Jun-2022. I paid the same immediately on the same date, under subsection 400 "Tax on Regular assessment".
I responded to the tax demand in income tax portal with the challan details on 23-Jul-2022, almost a month later.
But still that tax demand is open and interest is getting every month for the last 6 months.
I got a reminder email from CPC on 12-Nov-2022, asking me to pay the outstanding amount of Rs.6140.
On receiving the above email, I submitted a grievance on income tax portal with the above mentioned issue. So far I have not received any response on the grievance
And now, I have got another "Reminder-2" email from CPC on 10-Dec-2022, asking me to pay the outstanding amount of Rs.6140.
I checked this amount of Rs.6140 is reflecting in my Form 26AS for A.Y21-22.
What should I do next? Please help me in resolving this outstanding tax demand issue.

SIR,
1.It person source of income remuneration and interest income from partnership firm(professional)
2.it person expenses of car depreciation and car expenses and cellphone and salary paid expenses
Query:
1.Assessee remuneration and interest income only sec 44ada provision eligible in it act.
2.above mentioned expenses remuneration and interest income against income claimed allowed in it act.

Sir,

A person has done business while he is in russia , with his partner . As he return to india after closure of his business ,his partner is returning 50k euro which is near about 50lac in india.

Can he take the money ,he has no ITR return neither in abroad or in india .
Please suggest what to do.

Sir,
A individual status business person proprietor name Mr.A and cash balance low availability in books.cash loan from proprietor name Mr.A show in books.
Question:
Cash loan from proprietor name Mr. A transaction accepted in it act.