This Query has 2 replies
As per section 194Q, whether TDS would we deductible at the time of booking of invoice ??
This Query has 1 replies
how to find name as per pan card records (yet to register but having pan) and also can aadhar be linked without registering. If so how can we find that pan and aadhar us linked.
This Query has 1 replies
We have established NGO recently ( 6 Month ) , Now we have to register NGO under 12 AA, 80G and we have following quarries ,
1. Which documents we need to register under such section ONLINE ?
2. Can family of chair person and or Chair person himself can be donor and get tax relaxation for said activity ?
3. Which documents we need for Auditing ?
Thanking you
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Dear Sir,
I have 5 credit cards. my salary is 40 K,
I am maintaining my debts 2 laksh thru my credit cards in way of my friends power bills, electricity bills paid from my credit cards. in this process total transactions up to 20 L per financial year.
is it any problem from IT department. if i get notice regarding my transactions from credit cards. how to resolve ?
just i postponed my dues to manage my credit cards.
Please advice me
This Query has 2 replies
Two Brothers purchased a plot in May 2009 for 11 Lacs which they contributed equally. Registration and other charges Rs. 86840/- were also borne similarly. Now they sold it in June 2021 for 35 Lacs.
Can you please compute the tax impact on both of them.
Thanks for your time.
This Query has 2 replies
Experts
one is a Director of the company and he has availed loan agaisnt fixed deposits with Bank and has given loan for one year period to a company for its working capital purposes in which he is a director of the company and term of loan includes fixed interest rate and also 1% share in Net Profit
a. in the books of the company , the loan amount is treated as Short Tem or Current liability
b. whether the director can claim interest paid on OD against FD as expenses in PL a/c since used for business purposes
experts please clarrify
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Hi
I emigrated to Canada pursuant to my PR in Nov 2020. In Canada, I filed as a resident for year 2020 (2 months), as per the rules here. Now for FY2021 (in India), should I file my taxes as resident or non resident in India? I have only stayed in India all along before Nov 2020.
This Query has 3 replies
Sir,
Difference between sale deed and sale agreement values calculated of capital gains tax in it act.
This Query has 5 replies
Hi Expert Professional,
My father as senior citizen sold land Rs. 14 lacs this year which was taken since 2009 Rs.2Lacs but no other source income so is it required to pay long term capital gain tax. My another question is this sale consideration given to his two sons and his one son are about to purchase a house also need to pay long term capital gain.
This Query has 3 replies
Dear sir,
Indian resident have received the dividend from foreign company, however initially such dividend was transferred to Escrow and later Assessee has encashed it in different year, and also income summary statement (form 1042-S)captures this income the year in which it (dividend) transferred to Escrow A/c. Form 1042-S shows that dividend income is exempted in USA, hence no tax is deducted in USA for this Income.
Question.
1. is this income is taxable in India ?
2. If taxable in the sense in which it has to be taxed? ( dividend transferred to Escrow A/c FY 209-20 but Assessee encashed in FY 2020-21)
3. Is there any relief available for this income?
Please give your valuable opinion on this issue.
Thanks in advance
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 194Q