Mr A is working in india with a singapore based company. And he is receiving salary without TDS on income. Should Mr A pay advance tax on taxability on income under the head salary in india. how to calculate tax on his income
Sir,
It assessess sales of residential apartments flat value rs:16 lacs dt:20-09-21( f.y.21-22)after new house construction strated dt:01-10-21 to 31-03-22 value rs:15 lacs.assessee sales of residential apartments flat purchase value rs:12 lacs in f.y.12-13 year.
Question:
Assessess capital gains tax applicable in f.y.21-22
Please suggest me Supreme Court decision in favour of Assesee in recognising expected losses as revenue expenditure as per AS-7
Also please mention about mining royalty collection contract. if contract not feasible than can we recognise it as per AS-7
The assessee is a Provident Fund Trust and filed it's ITR in Form ITR 7 in AY 2021-22. Till last year, ITR-7 had a clause "Return furnished under Others category". Since the assessee need not furnish return u/s. 139(4A), (4B), (4C) or (4D), it had filed under "Others" category. This allowed selection of Section 10(25)(ii) for claiming exemption in respect of income of recognised provident fund trusts in AY 2021-22.
However, the said clause is not there in the schema for ITR-7 for the AY 2022-23.
How will the assessee proceed to file it's ITR for the AY 2022-23 ?
Kindly advise.
Best regards.
zomato ne ye bola nahi hai client se k aap regular mein ho ya composition mein But wo Apna Food Zomato ke through sale kar raha hai
I have filed my return for fy 2021-22 original with some mistake ( salaried ) and immediatly i have revised the return for the said finanacial year and it has been processed. now i have received the intimation as defective for original return but revised return is processed.
what would be the status of original return whether revised return will stand or should i have to correct the original return once again
After processing revised return i everifed original return and later i have received this intimation
while trying to file form 3 of LLP filing. The form is not getting loaded. Anybody faced the same issue and have any solutions?
27a. Amount of Central Value Added Tax Credits/ Input Tax Credit(ITC) availed of or utilised during the previous year and its treatment in profit and loss account and treatment of outstanding Central Value Added Tax Credits/Input Tax Credit(ITC) in accounts.
Does this required to be reported ? any legal backing from cbdt on this ?
Dear Mates,
We are a travel company located in Delhi Janakpuri. We want to buy a Pvt Ltd company with very nominal charges. Company Should be at-least 10 Year old includes with complete filling and paper. We are looking for an priorities basis. Please do call for further discussion +919581100035.
I have 2 cars in my assets first one is Maruti having WDV of Rs. 315830 and and second one is TATA having WDV of Rs. 531128. In current year i have sold my TATA car in January month and received sales consideration of Rs. 487434.
What's the proper treatment in this case in books of accounts and in income tax.
Online GST Course - Master the Fundamentals of GST with Practical Insights
Taxability of income from singapore based co