This Query has 1 replies
I am thinking of taking a copy-editing service from a UK foreign national. He is not an NRI. For this, I need to pay about eighty thousand INR through an intermediary freelancing websites. Though I am a freelancer myself in my own profession, the service I plan to take is not related to my profession at all. Could somebody answer if I need to to pay any tax on the payment I am going to make? Note the amount to be paid is not my income, rather it is my expenditure for a private work/use that is not my business. The service itself is business to the foreign national. He does not have any office in India and he himself is a professional freelancer.
This Query has 1 replies
Sir,
Assess sec 44ab audit filed person new construction expenses of residential house details mentioned below
1.some construction expenses Rs:6 lacs payment through on cash mode(10,000/- limit per day)
2.some construction expenses Rs:14 lacs payment through on bank mode
Question:
1Assess construction expenses total
rs:14 lacs(bank mode only) or Rs:20 lacs value show in books .
2.construction expenses how to depreciation claimed producer in I.t. act.
3.cash mode construction expenses treatment entries passed in books.
This Query has 2 replies
Sir,
1.Any gst registration and I.t. return not filed business person cash amount deposits limit in sb and current bank account one finicial year under gst and I.t. act.
2.if a person gst registration and I.t. return filed assess cash deposit limit in bank sb and current account one finicial year under gst and I.t. act.
This Query has 1 replies
A person some amount cash deposit rs:10 lacs cash deposit in bank account.if a person this amount used customers online mode payment through on Google pay and phone pay mode paid. transfer amount after service charges received from customers.
Question:
A person services charges income gst registration and I .t.return filed compulsory.
This Query has 4 replies
Hi there,
I receive a percentage of the total sales value as commission in addition to my monthly salary. I want to understand if this commision is taxable? and if yes, what are the tax slabs, if any?
This Query has 1 replies
Assess maintained a private hospital recently new pan card number received AOP registered in I.t. act.
Question:
Assess taxation of AOP for hospital and accounting records maintained producer
This Query has 1 replies
Respected Sir/ Madam,
My father is a senior citizen, retired nationalised bank employee. His yearly Mediclaim amount is automatically deducted from his pension account for group health insurance scheme for retired employees. The premium is completely born by retiree with no employer contribution from deducting from account.
Thus, the insurance policy in my father's name. Can I claim deduction under section 80D, as per paying premium for senior citizen parent Mediclaim? I contribute towards my father's / family expenses, thus, indirectly I am paying premium, though the policy / account statement is in my father's name due to reasons as mentioned above.
Kindly help.
Thanks in advance
This Query has 1 replies
I am a director in a PVT company during FY 2019-20 from Sept to March 2020
I was getting salary from my previous employment till August 2019.
My query is that for filing IT Returns for AY 2020-21 what ITR should I choose
During last year as a director of that company i have not received any fees( Last FY Loss )
Thanks and Regards
Suresh R
This Query has 1 replies
HI, I AM WORKING AS LIC AGENT IN MAHARASHTRA,
EVERY YEAR LIC DEDUCTED RS.2500/-AS A PROFESSIONAL TAX FROM THE EARNED COMMISSION. (FOR THIS I AM NOT GETTING ANY PAID RECEIPT.)
HOW CAN I CLAIM THE SAME IN MY INCOME TAX RETURN?
PL. REPLY.
This Query has 5 replies
sir,
please answer the following questions:-
1) if a US citizen who has a property in India and wants to sell by giving GPA to his cousin, what percentage of TDS , will be deducted by buyer on sale value.
2) if he personally visits India in order to sell his property. what percentage of TDS will be deducted by the buyer at the time of sale . (he has Aadhaar and pan card too)
Thanks in advance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tax on payment to a foreign national for a service