Dear Sir,
Please provide income tax calculator FY2022-23 for salaried.

Sir,

One of my friend has got GST regn. in the 4th Quarter of FY 21 - 22 under composition scheme.
He has sold only seeds ( black gram and Gingelly ) to the farmers for sowing purpose.
Should he pay 1% GST on the said sales, since he is under Composition scheme ?

Pls. advice.

whether GST Input can be claimed on Fixed assets insurance for Motor car and Building ( Factory or official)

what is difference between CC limit and Term Loan , if bank loan obtained from bank by a company.

IS THE INCOME RECEIVED BY MERCHANT NAVY EMPLOYEE TAXABLE IN INDIA WHO IS
1. OUT SIDE INDIA FOR MORE THAN 182 DAYS
2.WORKED IN INDIAN COMPANY IN FOREIGN COUNTRIES (WHILE ON SHIP)
3.RECEIVED INCOME IN NORMAL SB ACCOUNT.

FOR FY 2017-18 THE PERSON HAS RECEIVED INCOME OF RS.18 LAKHS AND TDS THEREON 1.85 LAKHS DEDUCTED U/S 194J.

KINDLY PROVIDE THE TAXBILITY EFFECT OF HIS INCOME.

The assessee had deposited Old Bank notes of around Rs. 17 lacs + new notes of 5 lacs total being 22 lacs. As on 8.11.16, assessee had a cash in hand balance of around Rs. 17 Lacs in his account and the remaining amount in new notes was deposited from the cash sales during the demonetization period on three different dates in parts. This fact was duly disclosed in the ITR of the A.Y. 17 - 18 however, still, a scrutiny notice u/s 148 was issued to the assessee. The assessee informed this fact to the AO but he still refused to accept assessee's plea and raised a demand to the tune of Rs. 29 lacs against the assessee. What should we do to stop the proceedings and cancel the demand.

My bank HDFC is confused if there will be a Tds deduction if my LLP entity has to make any invoice payment to a USA company (or to any foreign company) for taking their services. The USA company has no office in India, they operate in USA. The services taken from them involve recruitment/identification of relevant persons who can be located anywhere in the world and scheduling phone interviews/discussions with them to discuss a project topic for 30-60 minutes. We need this discussion as part of primary research to gather info in order to deliver our research/consulting projects. I'm dealing with two USA entities both of who say they deal with multiple clients in India who do not need to deduct any tax and that they will not be able to use any such deduction as their input credit when they file their return at the end of the year.

Kindly share if in this case 15CA CB is needed and TDS is applicable or not?

I m partner in one ca partnership firm registered from 2008. Now I want to dissolve partnership firm and we two partners decided to form prop firm. I want to know what would be the status of new prop firm for bank audit whether partner eligibility and standing also account or only firm standing is count for bank audits. Kindly guide. What would be better for us.

RESPECTED SIR,
I have filed itr 2 for AY 21-22. iT WAS ASSESSED, asper my figures , recd a intimation . I had paid excess 30000 Rs, & recd an intimation of return. The account nominated is active - though ( it was a current account - single proprietor ) Recd an intimation form IT, that PAN is not attached to this AC. - It is there for 20 yrs & earlier also recd in this ac only . I tried to renew the same account through their portal. It always shows -past 1 month -under process. Where as my saving account - Iwas shown in IT form also - but not nominated - for refund- gets renewed. I had put a grevience - no use. What shall I do . Pl help. Thanking you

vijayakumar

Sir, can we adjust the un claimed ITC against the under declared liability, since the client fails to claim ITC of the year as well as not declared liability to the extent of said ITC i.e. the entries separately accounted due to some personal reasons and forgot disclose the same at the time of filing of GSTR3Bs