Hi,

Please assist on below query:

I have withdrawn the balance from my PF account before completion of 5 years of service with CG India private Ltd.
TDS has already been deducted on withdrawal
Its not clear to me if the amount of withdrawal (both employer and emloyee contribution including interest is taxable or exempt)
I have been in more than 5 years of continuous service including my previous employer
The current employer from whom I have withdrawn PF I was in less than 5 years of continuous service and the balance withdrawn pertains totally to current employer contribution
How to decide on Taxability / any provision which can make the contribution exempt.
Please guide accordingly as I have to finalise and file income tax return for current year
Any provision which can help to save some tax.

Thanks in Advance,
Regards,
Tripti

sir/mam,

GSTR9C Self Certified what are the documents to submit with 9C .
Self certified turnover limit.
How to self Certified and what is the procedure.

Please clarify my doubts

Thanking you,

What should be the 'nature of employment' in ITR for a person if he retired from a central govt job during the previous financial year and after a few months got another job in a PSU during the same financial year.
He got non taxable allowances exempted under various subsections of 10, when he was a central govt employee, got encashment of leave exceeding more than 3 lakh (fully exempted from tax for central government employee), and various other retirement benefits and pension received in a PSU bank.

IN MY HUF my two daughters are CO PERSONS AND BOTH ARE married, MY AGE IS 67 and HUF ACCOUNT I have ONLY SHARES.AND SMALL AMOUNT OF CASH only, which VALUED RS. 1.5 CORE
i WANTED TO CLOSE MY BUSINESS.i WANTED TO GIVE MY ALL FUNDS TO MY SISTER AND HIS only SON AS SHE HELPED ME LOT AND MY TO MARRIED DAUGHERS.
DO I HAVE TO CLOSE HUF AND TAKE CAPITAL IN MY PERSONAL ACCOUNT?

One of my close friend Incorporated a Pvt Ltd Co in Nov 2019 in which Share capital of Rs. 1,00,000/-. Bank account was opened but share capital has not been transferred and also bank account been closed due to inactivity from the date of account opening. After Incorporation no forms are filed(INC - 20, ADT-1). Even DIR3 KYC has not been filed for both the directors.

My friend suffered from Covid and another director met with accident and other difficulties, they were not commence the business as well. Now due to financial difficulties, they are planning to wind up the company.

Please help with best possible way to close the company. Is there any way to reduce the cost of the compliance.

Sir,

A individual Building Contractor who have GST registration can avail Input Tax Credit???

I HAVE A PROPRIETORSHIP BUSINESS .. APR 20 - MARCH 21 THE TURNOVER WAS LESS THAN RS 2L BUT THE EXPENSES WERE HIGER THEREBY INCURRING LOSSES .. DO I NEED TO AUDIT MY ACCOUNTS AS I WANT TO SHOW LOSSES TO BE CARRIED FORWARD FOR NEXT YEAR .. KINDLY GUIDE ..

Note that I receive pension from EPFO(Employees Provident Fund Organisation) Rs. 1128.00 PER MONTH which has started in the Financial Year 2020-21 . please guide me urgent basis in the whether this income is exempt form tax U/Ds 80 C or is it a taxable income on this matter by referring income tax provisions .

If Pension Income is Taxable Income then which is the process it is show in the computation sheet for the Assessment Year 2021-22.

Dear Sir

Proprietor has been dead and his capital Transfer ( dt. 31.03.21 ) to His both Sons MR. X and Mr. Y under HUF account equally Rs.1246243/- Please suggest in books of account In which group i crate the ledger of Both sons

Dear Sir,

If a person is into Business of providing hr services and teaching services and his tds gets deducted under Section 194JB, can he adopt presumptive Taxation scheme and file return under Section 44ADA.

Please help me in this matter.

Regards,
Divyesh Jain