Dear Sir,
We are a start up company having 2 directors and both director's are taking Rs. 50,000/- per month salary. We have deducted the TDS against the Salary Amount but we want to know Salary Breakup which will be more beneficial for tax purposes.

Hi all,

One of my client has purchased crypto currency in June 21 and sold it in November 21 with a gain almost Rs. 5000.00
How to show this gain in return

Thanks in advance

I know that a Private Company cannot issue shares to the public or 3rd Party and one of the way is to transfer the shares of an existing member.
This includes giving notice by an existing member to company of his willingness to transfer his shares. The company giving notice to existing members to take his shares, if they want. If existing members do not respond, then the company has no choice but to transfer the shares to that 3rd party. Register Form Sh-4 and so on.
But the above method will dilute the shareholding of existing member.

To overcome this, I thought of other options on my mind, which is correct?
1. The company hires the 3rd party as a Director. Issue new shares but existing members don't take it. So company gives new shares to the Director?
2. The company hires the 3rd party as a Director. Issues new shares to only him as ESOP?

How can i, release blocked ITC on portal. kindly provide detailed solution

Can I person who is into business of Developing and Selling of Plots claim section 44AD of Income Tax while filling ITR? If Yes, then what business code to be choose in case of nature of business?

Thank You

Hi..I am currently doing Industrial Training and my CA principal has resigned .Unfortunately there are no more CA right now under whom I can register. I have only 3 months of training left. Posted query in esahayta but no replies yet. Can I join a firm for the last three months and complete my articleship ? Please guide

we have not generated e invoice from 01.04.2022 to 30.06.22 (total 700 Invoices(Service Invoice not goods). GSTR 1 & GSTR 3B also filed for these period. Now can we generate the e Invoice. will IRP accept these invoices. if not possible what will be the consequences for this mistake.

Do we need to file form 10IE(115BAC)
& form 10IC (115BAA for companies) every year ?? or we need to file during 1st year of opt in ??
second query is can we opt out from this sections ??
As per my understanding 10IE is required to file for ITR 3 or 4 once while opt in n not required to file again in subsequent years. form 10IE is required to file again while opt out & once opt out we cannot again opt for section 115 BAC. Form 10 IC is required to filed only during 1st year of opt in n not required to file in subsequent years. once filed form 10IC then cannot opt out of this section. Is this correct ???

While filing IT return, my 26 AS has been reported an SFT of 17 lakh regarding usage of credit card. Actually this spending was not fully pertaining to me. My family and friends using my card for their purchase and i collect money aginst the same on my card due date. Is there any problem in this?. Is this require any further clarification?

Items 1-5 is to be filled if Yes is selected in field Are you liable to maintain accounts as per 44AA ? in General Schedule - Audit Information Item 6 is to be filled if ' No ' is selected. How to short out.