Dear Sir,
I have got a person who wants to file income tax return and pay some tax for activation of Emigration check required on his passport for employment outside India. But he has not earned anything in actual during that year.
Is it ok if I file his Income tax return by showing some business income u/s 44ADA. Will there be any query asked by Income tax in future.
Please help me in this matter.
Regards,
Divyesh Jain
SIR,
how the preparation procedure balance sheet and capital account of salary it person.
Dear Experts,
I have received Tax Invoice from TCI Freight for Rs. 25000 plus 5% GST. Can I avail GST Input on the same ?
Or I have to deposit Tax as per Reverse Charge ? Please Guide
Dear All,
I have been trying to upload the Form 64E into the new IT portal. But I couldn't. I am facing following obstacles...
a) My CA couldn't see my request of Form verification (Since CA has to verify and certify the form)
b) Since, CA couldn't accept the request, I couldn't upload the form. Getting following error - 'Submission failed - No response from the server'
Request you to help me by providing some solution to this.
Thanks & Regards,
Abdul Salam
8125858540
A CLIENT 26AS SHOWS BANK INTEREST ON TERM DEPOSITS Rs.294981 , WHEREAS IN TIS REPORTED VALUE, PROCESSED VALUE & DERIVED VALUE SHOWS Rs.384510. WHICH AMOUNT TO BE TAKEN FOR FILING THE RETURN OF INCOME FOR THE ASSESSMENT YEAR 2021-22
we need a model of a minuets of an educational society meeting
An assessee - a professional - having yearly gross receipts above 50 lakhs has been filing his Returns for the last so many years under 44AB. Now his gross receipts fell down to Rs 47 lakhs for the previous year 20-21 ie AY 21-22 and he likes to adopt section 44ADA for this year. Is there any provision in the Act that prevents him from choosing 44ADA ?
A company is not required to deduct TDS on Dividend payout below Rs. 5k. However what happens if some small shareholders hold shares in physical form and do not have PAN NO. Is company liable to deduct tax on dividend payout even if below Rs. 5k. If so at what rate?
Hi All
Something related to practical situation.
One of our group company recently shifted from Delhi to Bangalore , IT Jurisdiction is transferred to Bangalore IT.
During shifting, some of the documents gets misplaced , it includes old assessment orders, approval letter to group gratuity,some old payments & other records. The record pertains to year 2005 & before. At that time most of the communication was typewritten & records was manual. Unfortunately, company do not have scan copies & also not able to get copies from previous auditors.
Any way out on above.
Thanks,
Query 1 If Son do online transfer of 100000 to Mother bank A/c and it is again invested for FD a/c of 5 years in mother name (interest payable yearly) , will interest gained every year untill 5 years be clubbing into Son's income or only mother's income slab?
Query 2 if Husband transfer 100000 to Wife Bank A/c and it is invested into 10 years FD a/c with payout as yearly then I know that interest earned is clubbed into husband hand 1st year Let's 6400 is interest of first year.
Again this 6400 let's say reinvested as FD a/c no 2 then will this also get clubbed into husband a/c?
Also 1st year it will be 6400 and 2nd year 6400 like that then all 10 years interest is clubbed into husband income or only 1st year ?
Filing Income tax return - No income earned