i am having a agency and doing telecome related services like recharge in which the turnover amounts to 1,40,00,000 approx but cannot pay 8% if filed u/s 44AD for the turnover and so is tax audit necessary in this case to show a less profit or what are the other possibilities available for me.
please give reference for the basis of your answer thanks.
Dear sir
Staff welfare expenses TDS applicable or not
Expenses will be food expenses and room rent electricity bill hospital expenses
how much limit for expenses cross applicable for TDS
Regards
List of Trust / Societies in AP State / Telangana got registration u/s 35C of IT Act.
If the Proprietor of a GST registered Firm has earned a rental income from a commercial property owned by him. Then whether the GST is applicable on that or not ? Total Rental Income is less than 20 Lacs and there is no income from the Proprietorship firm . Kindly suggest ?
DEAR SIR,
IN GSTR 9C " A" COLOUMN WE WILL SHOW ALL TURNOVER INCLUDING GST. BUT WHAT WE HAVE TO SHOW IN GSTR 9C "O"COLUMN IE...Adjustments in turnover due to reasons not listed above
Hi,
I am getting quarterly interest on Corporate FDs for which some tax is deducted at source.Now i have got some queries related to this:
1) Income from FDs is considered as Income from other source.Is there any way to save tax from these FDs?
2) Do i need to pay tax on FDs at end of financial year or its going to be quartely?
Thanks,
Prabh
Lost the whole amount of FDs from Plethico, Elder, Helios and may lose partly from DHFL FD & DHFL & SREI NCDs. Can we offset this long term capital loss against any LTCG from other asset classes and carry forward for eight years? Do we need to submit any proof to claim this? Thanks
What is Pevr in srn status... Had applied for dividends transferred to iepf
Thanks sir, but why not 194C. My friend telling me 2% tds is applicable. Therefore i am so confused.
Hi,
I have a partnership firm registered in 2015 for construction purpose and obtained a GST registration for the same, now i want to add a new nature of business for my old partnership firm, the new nature of business is retail. what is the procedure for the change of nature of business at the registrar of firms? Can I include the new nature of business for the GST number, if yes, what is the procedure for the updating the new nature of business in GST.
Thanks in advance for your replies.
Is Tax audit necessary for telecom service distributore FY - 2020-21