We have received Engineering Services from China which is our Parent Company is TDS applicable on Engineering Services and what will be the rate of TDS and which TDS Section is Applicable
Do the builders and realties prefer to operate their bisiness as companies ?And if so then is it because of the limited liability feature of a company or anything else ?
A private limited company was incorporated in middle of FY 2021-22.
Due to non availability of account staff along with fund crunch, whatever TDS was payable for Qtr 2, Qtr 3 and Qtr 4 of FY 2021-22 was paid on 29-04-2022 and TDS Return was filed on 25-07-2022.
Obviously company got emai from TRACES for default u/s 234E to pay late filing fee.
Has anyone here experienced the same? How to respond effectively?
We have suffered losses from trade of options in NSE IN intraday of about Rs250000/ . Can we adjust our business income from trading of iron and steel or commission income from above lossess. Will income tax allow adjustment of losses? We are gst registered proprietorship firm. Please advise us for fy 2022-2023 about the rules of income tax.
I'm a director of pvt ltd company I want to listed my company in bank .In cat A how i will .and how bank divide company in catA or cat b
My father passed away last year due to covid. Apart from salary income, he also invested in the stock market. He had some long term capital losses. Can this long term capital loss be carried forward by the legal heirs so that they can carry forward this loss in their own name?
My sister took an educational loan. So in her 26AS I can see tcs on the same under 206CP and CQ. Under what head of income should I show the same in ITR?
Mr A was nri in f.y 2020-21. He became resident for year 2021-22. Now the question is- does the interest credited in year 2021-22 in his nre account is taxable?
in Annual Information Statement of mr. x total Sale of securities and units of mutual fund is rs. 100 which includes fund switch-out not actually redeemed and actual redemption is rs. 80
1. how to treat this in income tax return ?
2. what if mr. x received dividend on shares which held before 31/01/2018 should we need to calculate godfather provision ?
Dear Sir,
Kindly advice me for the following case :
A person having Exclusively engaged in the supply of grain etc and also Employed in the Company so my question is whether he is liable to register under GST and what will be limit for him.
Sale of Goods (trading) : 31.50 lack
Salary Income : 2.80 lack
Total Turnover : 34.30 lack Yearly FY 21-22
GST limiti will be 20 lack or 40 lack limiti plz clarify thanks
TDS APPLICANLE ON ENGINEERING SERVICE RECEIVED FROM OUTSIDE INDIA