Income Tax QnA - Page No 1935

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omnath

14 January 2021 at 17:05

Capital asstes

MR.A cash Purchases a capital assets of scooter rs.95,000/- for the Asst.met year 2020-21. it is allowed for the tax audit report?

thnaks

shinu

14 January 2021 at 16:54

Sir,

company was incorporated on 2018 and thy filed the annual forms for the year 2018-19.But they haven't shown any preliminary expenses for the particular period. Now in 2019-20 can we show the same? how to record the same?

shinu

14 January 2021 at 16:07

Name mismatch as per ICAI and PAN data base

Sir
While trying to update DSC in MCA portal, it shows name as per ICAI records and PAN Data base not matching. How to resolve the issue, please let me know

Jaswinder singh

14 January 2021 at 15:54

Income earned by professionals from outside india

Sir/madam,
if any IT professional earned income from outside india by providing services like as a freelancer...then Is it mandatory to disclose that income under "Schedule FSI - Details of Income from outside India and tax relief(available only in case of resident)" in ITR-3?

ARUN GUPTA

14 January 2021 at 13:37

Eway bill by van

We are purchasing fabics and transporting goods by van . Value of goods transported is Rs4 lakhs per van. In a single day we are purchasing and transporting 3 vans from the same dealer. Do we need to generate eway bill. Please clarify?

tony

14 January 2021 at 13:30

44ad

Dear Sir,
In fy 2018-19 turnover was 1.5 crore and asseessee had audit . and in fy 2019-20 turnover is only 20 lacs.
Whether assessee can opt 44AD in fy 2019-20 ?

SATISH

14 January 2021 at 12:26

Levying 234F for non Audit ITR's for AY 20-21 of Rs.10,000

Dear Experts, while non audit ITR's for AY 20-21, today i.e., after due date of 10/1/21, its asking 10,000 as 234F late fee, but in the act, it is no where mentioned that, as when Due date is completed, we need to pay 10,000.... 1st, if it below 5lacs, 1000, above lacs upto dec 5000, den 10000, can you pls clarify me immediately regarding this?
Regards,
CA Satish

Kollipara Sundaraiah

14 January 2021 at 11:14

Cash deposit sb bank account by parents

If parents cash deposit Rs:10 lacs money Assess savings bank account.
Question:
Assess this amount how to show producer in I.t. returns.

MPR sanjay Kumar

14 January 2021 at 10:05

Final accounts

My honourable persons,could you plse tell me about the full knowledge of final accounts how to prepare and how to understand that...plse tell to me how to read and view the final accounts with examples plse ...