Hello everyone
I want to know that whether TDS is deductible for an amount paid to a Examination Conducting Agency (i.e. Private Agency conducting exams in Schools and declares ranking of the student / Science Olympiad Exam) The amount paid on the basis per student @125/- and total amount is more than 2.0 lacs.

The agency will provide OMR Sheets and question papers and will declare result and issue certificates.

As per my knowledge TDS u/s 194J should be deducted.

Please advise.

Respected Sir,

For Assessment Year I am having Business Profit of Rs.20,21,14,080/- and I have in my books of accounts Unabsorbed Business Loss of Rs.19,62,42,006/- for the A.Y.2014-15 TO A.Y.2021-22 and Unabsorbed Depreciation of Rs.1,97,35,816/- for A.Y.2012-13 To 2021-22. Under this Situation shall I opt for Concessional rate of Tax u/s 115BAA i.e.@ 22% plus 10% SC plus 4% HEC or go for MAT u/s 115JB.

Please Advise !

A practising doctor has a revenue of 1.3Cr during XXXX year. What are the various types of expenses that can be written off to declare a profit of 58%of revenue. Kindly guide. He has 1.5l as depreciation.

CAN A MODEL REPLY U/S 270A of I.T.ACT BE PROVIDED FOR SUBMISSION ON CUSTOMISED MODE

Sir,

At the time of uploading audit report new schemed 115 BAC is shown as NO.
Now party want to take New schemed, can he take .
After all audit reports has been accepted .
please guide.

A person has shown 16 lakh turnover and Rs.4 lakh as business income u/s 44ad. In real he has no income from business. what are the implications he can face?

person having salary income, interest and loss from share file ITR in new regime . but 143 received with old tax slab, with tax liability.
person not file form 10IE.

now what is solution for this.
can condolance file for this or any other solution.

Dear Sir,

There are 2 Balance sheet options in ITR 6 Form that is the normal Balance sheet and IAS Balance sheet.

I want to know who is applicable to fill IAS Balance sheet.

Please help me in this matter.

Regards,
Divyesh Jain

Sir,
Audit file hospital running person expenses details mentioned below
Electricity, telephone, professional tax,pf, ESI, building insurance paid
Medicines purchase, surgical samans, oxyzen expenses, traveling,sadar expenses, computer maintenance, repairs,phynol, cleaning charges, interest pay,rents paid.
Salaries, depreciation,bonus expenses
Question:
Assessess above mentioned expenses which column no.show in 44 clase sheet.

Pvt Ltd., Company invested Rs. 50 lakhs in LLP in 2010. Later every year Pvt ltd Company has lent Rs. 10 lakhs to LLP until 2020-21, a total amount of Rs. 120 lakhs lent as an unsecured loan to LLP. Now Pvt Co. wants to exit from LLP at a total settlement of Rs. 70 lakhs. How to calculate capital gains in the hands of Pvt ltd Company. If we opt for indexation we can calculate up to AY 2018-19 afterward we cant do indexation.