One Indian company(Deal in Digital India) accepted 58% FDI in that case what is the rule followed by company I) to reduce the FDI limit or ii) the provision(i.e 26%) not affected retrospectively, because that is old co.

HOW CAN I FILE ITR OF ASSESSMENT YEAR 2020-21, IT'S URGENT.

I am filing income tax return of my client. When the final submission is done through Aadhaar OTP, the message shows that Your Aadhaar in not link with PAN. And when I link the Aadhaar to PAN the message shows that Your Aadhaar is already link to Your PAN.
Is it system error?
In Aadhaar card the valid mobile is registered because last year return submit through Aadhaar OTP.

We are a consignment agent of a Company. We arise bills (towards supply of principal's goods to their customer) on behalf of my principal declairing that "we are a consignment agent Company" in the invoices. We also collect payments for the bills raised by us to principal's customers in our bank account and transfer the amount to my principal after deducting our applicable commissions. My principal sends goods based on a zero value tax invoice (only Goods and service tax portion is mentioned). My question is how the receiver of goods will deduct income tax u/s 194Q. If you need any further infomation, please let us know

Dear experts,
Please clarify which of the following expneses are disallowed under section 43b,37 or any other section of income tax.
1.Interest on late payment of TDS
2.Interest on late payment of GST
3. Interest on late payment of PF, ESIC
4.Late filing fees of GST
5 Late filing fees of TDS

What is the permissible FDI limit regarding digital media?

Hi. I have a flat in Mumbai for which i have taken a loan and have been availing income tax rebate of rs 2 lakhs against the amount i pay as an interest for the loan. Now that i am transferred to different city, i am planning to put me flat on rent. Will i still be eligible for the interest part rebate in case the total interest paid is more than the rent i am getting in a f.y.?

Assessee is an AOP and having business income from providing of broadband distribution services on which TDS is being deducted by principal u/s 194JA. Can assessee opt for 44AD ? if not under which section assessee can file the return. Assessee doesnt want to go for audit.

Dear Sir,

Is TDS applicable on total invoice value or Only professional charges ?? could you please share me the relevant section.


Professional charges - 1,00,000.00

Printing and photos expenses - 10,000.00

Invoice Total - 110,000.00

A new unit of the assessee deducted the share of employees from the salary however it could not open the account of PF because of lockdown hence it could not make the payment within 15 days. The whole amount was paid immediately after it got the access to the account for payment. What should be the due date of payment of deposit for tax audit purpose?