Daya
This Query has 2 replies

This Query has 2 replies

what is AIR and how it is difference from 26AS.


Proloy Samaradivakera
This Query has 3 replies

This Query has 3 replies

30 June 2022 at 12:23

Resident Status for Tax Purpose

My Daughter stayed in India for 52 days and rest outside India in FY 2021-22. He got married and gone to Europe, though she is not working there. Does this make her status Non-Resident in FY2021-22 for tax filing purpose?


Rahul Singh
This Query has 3 replies

This Query has 3 replies

employee do not pay any house rent so is it required for me to mention hra in his salary slip?

okay to just mention Basic and Conveyance Allow?

please help. thanks


Kollipara Sundaraiah
This Query has 2 replies

This Query has 2 replies

Sir,
A hospital maintained assessee professional charges paid TDS not deducted.
Question:
Assessess TDS not deducted on professional charges penalty applicable in it act


karthika
This Query has 2 replies

This Query has 2 replies

29 June 2022 at 17:57

Tax on sale of land

My father in law is selling his agricultural land , I wanted to know about the capital gain implications. The agricultural area is in rural area so I believe there is no tax , but I have few doubts :
1. He also has a piece of land ( containing pond and the other area is lying idle and has few coconut trees and other plants ) how about the tax for that piece of land .
2. The seller has asked if father can except cash , if yes till how much is permissible ?
3. How to show in itr and which itr is to be filed


Gopalakrishnan. S
This Query has 8 replies

This Query has 8 replies

29 June 2022 at 17:03

Reg. correct ITR form to file Return

Sir,

The gross total income of my friend is around Rs. 12 Lakhs, of which, Rs. 6500/- pertains
to Insurance commission and the rest is against contract payments. Can he file IT return
by using ITR 4 - Section 44AD ( Business Income ) ?

Please advice.

Regards.


akshay maloo
This Query has 5 replies

This Query has 5 replies

29 June 2022 at 12:33

TDS-TCS Return

My client is LLP has taken TAN number last year in july while LLP registration but has not deduct any TDS or collect any TCS till date. LLP is not in audit in previous year.

1.) Is there any liability to file TDS/TCS return?

2.) If yes, then can we file TDS/TCS return by ourself or do we need to go to NSDL center for return filling. What is the procedure?

Thanks in advance


rmalhotra
This Query has 3 replies

This Query has 3 replies

Sir,
If employee retires , and also received PF amount from PF office. But during service some litigation was pending in court in a case filed by employee against employer during service period and which was subsequently settled in favor of employee after his retirement. As a result employee received arrears of salary in terms of court's decision and which is taxable as salary.

In addition employer also paid Employee the share of PF contribution on salary arrears directly to employee, as PF a/c had already closed at his retirement without any interest component.

Now query arises whether this payment of Employer's share of PF contribution , received by employee directly from employer thru bank transfer, Can it be treated as exempted income OR it will be treated as part of salary arrears and will be taxed.


CA Parul Saxena
This Query has 4 replies

This Query has 4 replies

29 June 2022 at 10:28

Trust related query urgent

if 2 charitable trust is to merged. what are the formalities?


suresh
This Query has 2 replies

This Query has 2 replies

28 June 2022 at 23:03

IT returns FY 2021-22

I HAVE SALARY FROM PREVIOUS EMPLOYMENT TILL AUG 2021 FROM INDIAN COMPANY.
I HAVE FEW COMMISSION CREDITED TO MY ACCOUNT AS AGENT.

MY QUERY IS THAT WHAT WILL BE MY TAXABLE INCOME FOR THE FY 2021-22.\ AND WHAT ITR SHOULD I FILE .

THANKS AND REGARDS
SURESH R






CCI Pro



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