Dear Sir,
My net profit Rs.569000/- in which I have deposit RS. 80000/- IN PPF account now Taxable income is Rs.489000/- Can I eligible for rebate 87A Rs.12500/- today I have visited to service provider to fill itr but my services provided told me you have to pay Rs.13000 income tax.
Please suggest its correct.
WHETHER TRANSFER OR MERGER OF ONE LLP TO ANOTHER LLP BE CONSIDERED AS TRANSFER FOR THE PURPOSE OF CAPITAL GAIN IF PARTNERS ARE SAME IN BOTH THE LLP'S
THANKS IN ADVANCE
Sir,
A person running a medical app for consultation difference doctors through on online mode.if person some amount received from patients after some amount paid to another doctors.
Question:
1.Assess above fees collections transactions services through on medical app received and pay amounts gst and it applicable.
2.assess above transactions treatment in books.
* I'm a resident Indian
* After deductions my taxable income is below 50 lakhs and in the 30% tax bracket
* Recently I sold unlisted shares with a holding period of less than 2 years which would result in short term capital gains tax at the marginal tax slab rate
* Now, the combined amount of my taxable income + short term capital gains tax exceeds 50 lakh.
* Will I now have to pay 10% surcharge (on the entire taxable income + short term capital gains) or would I still be taxed only in the 30% tax bracket.
I had the following queries with regard to shifting of Registered Office from one State to another :
1. Can the Memorandum of Appearance be in favour of a CA. Also from which State should the person be ? From the State from which the office is being shifted or from the State in which it is being shifted to?
2. Regarding the various Affidavits to be filed
(a) what would be the amount of Stamp Duty
(b) Which State to execute the Affidavit (the Directors are based in the State where we are shifting office
(c) Each Director will need to give a separate Affidavit
3. Can the copies to be sent to Chief Secretary and ROC be sent by Registered AD ?
DEAR SIR,
ONE OF MY CLIENT DID NOT NOT RECEIVE HIS SALARY FROM IN THE MONTH OF NOV 2020 TO 31ST MARCH 2021. AND EVEN HIS SALARY SLIPS WERE ALSO NOT GENERATED (SALARY BILL NOT SENT TO TREASURY OFFICE). SO HE RECEIVED SALARY UP TO OCT 2020. BUT HE RECEIVED HIS ARREARS SALARY IN THE MONTH OF JULY 2021.
MY QUERY IS FOR THE FINANCIAL YEAR 2020-21 HE HAS TO DECLARE ONLY UP TO THE MONTH OF HIS SALARY HE RECEIVED OR HAS TO DECLARE ENTIRE YEAR MEANS FROM OCT TO MARCH 2021.
PLEASE CLARIFY ME
REGARDS
SIR,
It assess cash gift transactions mentioned below in f.y.20-21 through on cash mode.
1.Cash gift from father rs:2 lacs through on cash mode.
2.Cash gift from friend rs:2 lacs through on cash mode.
Query:
Assess cash gift transactions cash mode treated show procedure in it returns and penality applicable in it act.
Respected Sir I am facing the belwo given issue while operating tds traces with DSC
Error in establishing connection with TRACES Websocket Esigner. Please ensure that WebSigner Setup is installed and service is running on your machine and there are no proxies enabled on the browser while doing DSC activities.
Please guide me and oblige.
5% tds is being deducted by Insurance companies from the amount payable if the amount is over one lakh rupees. If the amount received is exempt whether the tds deduted by the insurance company is available as credit for other incomes ( income from profession, other sources etc,) ?
Required format for Supplementary deed on death of designated partner and admission of his legal heir
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Rebate 87A FY 2020-21