Sir,
Can shareholders of a private limited company execute loan documents on the basis of resolution.
Mr. X is having two proprietary business. Individual Turnovers of both the business are Business A Rs. 2085800/- and Business B Rs. 1,88,80,800/-
Can Mr. X claim the Income from Business A u/s 44AD and get books of Business B Audited to show less profit from Business B.
In such a case, while submitting the balance sheet along with Audit Report, is it sufficient if Balance Sheet of Business B is given or should we give Balance Sheet of the proprietor (All individual assets / liabilities)
While filing form 10F for a foreign company, how to verify the form?
is it mandatory to get PAN & DSC of director who is non resident?
or is there any alternative to verify the form?
Dear Sir,
Kindly Suggest FY 2019-20 Turnover is Rs.70 lacs We have filed ITR under section 44AD. FY 2020-21 Turnover is Rs.82 Lacs but profit is 5% We filed ITR after tax audit FY 2021-22 Turn over is Rs.74 Lacs profit is more then 8% Can we file under ITR section 44AD
Hi,
I'm accountant in educational institute (PG to Higher secondary)
my question is we taking service of security and transport one time contract for school trip , as per the mega exemption rule of GST, this service bill to us without charging GST ?
dear sir, i was selected for scrutiny of yr.2008-2009 and ao raised demand of rs 60000 and i paid the in 2010 and later portal again raised demand for the same amount in 2020 and my income tax
vakil by mistake again accepted the same and outstanding amount with int. come to demand.my vakil was unfair with this that he should agree or not agree with demand and he done the mistake
please advice me what to now
Dear Sir,
Income Tax Return and 10E was file for A Y 2020 21, but 10E form was not verified hence not accepted by the income Tax Department. as per ITR refund was requested for Rs. 52000/- but as the 10E was not verified and not accepted by department, now we received a demand notice to pay Rs. 29000/-.
kindly guide
thanks in advance.
The assessee received a demand notice for the Ay 21-22 Rs 143000.
While depositing the Demand Challan additional 143000 got filled in Interest column & total amount of 286000 got paid.
the same was uploaded.
But the department has not refunded the Excess demand deposited
How to get the excess amount deposited
Dear All, The company I represent is a company that has No PE in India, and we are a provider of services to the aviation industry. We have submitted the TRC, No PE, and Form 10F to our clients. However, on 16 July 2022, as per Notification No. 03/2022 , we have to file Form 10F electronically on https:// www.incometax.gov.in portal.
How can we do the same as we do not have a PAN. We are residents of another country, there is no permanent establishment in India and all services are carried out in the country of residence.
for updated return us 139(8A) When JSON file tried to save from excel utility of Income Tax Return unable to save it.for AY 21-22 for ITR 4
Execution of loan documents by shareholders