Maddaiah

One of my relative sold agricultue property on Kurnool dt AP and consideration of Rs.2.5 lacs accpeted in cash and the same is mentioned in the sale deed.Pleas inform me the consequences as per IT rules.


Aastha
17 November 2021 at 07:56

Permissions from icai

Hello experts
I hold a cop and wants to give online tutorship . Do i need to take any general or special permission from icai?


pavan
17 November 2021 at 06:43

TDS AND INCOME TAX

IF A PERSON NET MONTHLY SALARY IS 12896 Rs ..And he is getting a commission of Rs 230000 then what is the TDs amount and will he liable for income tax ?? Please explain with example


Mohith Guptha

Hello Experts,

Following is my questions, request to clarify:

1. Does an Pvt. Ltd. Company registered under GST need to pay RCM on rent paid to unregistered directors of the same company, the rent paid by the company to the directors per month is above 50000 per month.

Thanks in advance

Regards
Mohith


Rajendra Singh Manwal
16 November 2021 at 18:14

WHY MONTHLY INTEREST ON ITR FILLING

Dear Sir /Madam

We Have Paid challan of Income Tax for F.Y. 2020-21, Amounting aprox. 25,00,000+ Intt. upto Sep-2021 before 30th september-2021 but now at the the time of filling of income tax return today the interest amount is showing to be deposit as per CA Sir
My question is why interest calculate ? whereas we have paid intt, upto sep 2021 but not filed ITR due to last date extended of ITR Filling up to 31Dec.2021. Kindly provide brief Information. and which section interest will be paid ?
I am not understand this is interest on Income Tax Amount or Late Filling ? Sir we should pay interest compulsory or not ? before filling ITR Kindly give your valuable advice.

Thanks & Regards
Raj


Mahabir Prasad Agarwal
17 November 2021 at 09:42

ITC claim on Sundry assets

Sir, being a retail traders, If I Purchase sundry assets like mobile phone, computer, printers, two wheeler, which are being used by my myself/my staff for business purposes, may I claim ITC on the same ?


TKKKKKK
16 November 2021 at 18:04

Tax Audit Invalid Jason Error

Hi,
While I am trying to upload audit report 3CB 3CD for client, I am getting invalid jason error.
I am also not able to see option to attach digital signature on my CA profile.
Let me know if anyone has solution.
Thanks in advance.


Madhu M
16 November 2021 at 16:44

Gst & income Tax turnover


Dear sir

fy 20-21 my business is fruit selling 100% nil Rated and turnover 60lacss asper E way bill and asper GST Returns 40 lacs Because i have missed 20lacs while filling .GSTR 3B & R1....in the month of march -21 so it is fully nill rated no option for Amendment in the next month my doubt is now i want file my it returns in 26 AS shows only 40lcs ...can i file with 60 lacs or 40lacs ??? and current year 21-22 shows in 26 AS 20lacs.. how to make correction in 26 As because there is no business in current year .
.please suggest ................

Thanks in Advance


VARMA
16 November 2021 at 16:02

RBI - FEMA provision

Dear sir,
i need advise on FEMA provision on below transaction.
1. can we received foreign currency from customer outside india in USD
2. It does not have any physical export of goods or shipping bills
3. Material will be supplied to local customer as per foreign customer INSTRUCTION.
4. No agency relation between customer in foreign country and india.

whether such transaction is allowed under FEMA.


shinu
16 November 2021 at 14:22

Kerala money lending registration

Sir,

Please help me to register under kerala money lending.Kindly guide the procedures for the same and where to apply online





CCI Pro

Follow us


Answer Query