Sir,
I am a businessman ,filling my ITR U/S 44AD 6% or 8% of my total gross receipt

my total receipt- 4800000 (approx)
Income as per 8%- 384000 /-

But my question tds has been deducted from my parties about rs 10000 @1% on 1000000 rs u/s-194c

can i claim for refund as because upto 5 lacks income is exempt in A.Y-2020-21

please help

Sir,
I am a businessman ,filling my ITR U/S 44AD 6% or 8% of my total gross receipt

my total receipt- 4800000 (approx)
Income as per 8%- 384000 /-

But my question tds has been deducted from my parties about rs 10000 @1% on 1000000 rs u/s-194c

can i claim for refund as because upto 5 lacks income is exempt in A.Y-2020-21

please help

whether tax audit is applicable or not --->

44ad limit of 8% / 6% has to be compared with profit after remuenration and interest or before charging remuneration / interest?

i understand, it should be after remuneration / interest, that profit is to be compard with 8/6% of turnover.
another query===> if 44ad was applicable for asst.1920 but audit was made u/s. 44ab, i understand 5 years i have to get the books audted.

regards, ca kunjan, 9222 9222 92, mumbai

What would be the GST implications on the below case plz clarify
A Person is registered under GST as building Contractor. during this year his turnover under this business is NIl. How ever he received commission of Rs. 18 lacks from sale of plots of land etc., He has not registered under GST for commission business. Is this commission received covered under GST. does he need to pay GST on commission even though he is not registered this business under GST.

Dear Experts,

I have taken plot loan for purchase of residential plot. I paid Rs. 1.95 Lacs for interest component and Rs. 0.85 Lacs for Principal repayment during FY 2019-20.
I will start the construction on the plot in FY 2020-21
Can i take deduction against the plot loan in FY 2019-20:
a. Principal repaid u/s 80C.
b. Interest on plot loan u/s 24(b) - taking limit of Rs. 2,00,000.

Hello,

I have filed RUN application. MCA has send names for resubmission. Reason mentioned was - "Proposed name is recommended for approval subject to liability under section 447/448 & 16 of the Companies Act 2013."

Can someone help with this ? What exactly is to be done ?

Thank you

What are benefit of surrender of PAN after death of individual PAN holder ?
If not surrendered, any obligations ?
One should not get in touch with department suo moto because they will do scrutiny if we surrender PAN and what department can do, no one knows !!!!

What if the person is died before filling PY return shall legal hire file return of two year? And when it should be filed?
Eg: extended due date of filing itr is 30th Nov 2020 if person died on 25th September 2020 he had not filed itr of FY 2019-20. Itr for FY 2019-20 and FY 2020-21 required to be filed by representative ? and when it shall be filed?

Respected Sir
I am accountant in Bicks manufacturers With effect from TCS from 01.10.20 how to apply on the Invoice, for example 53000/- ADD GST @ 5% 2650/- Total 55650/- please advise me how to calculate TCS on invoice with example sir.
Thanking
Yours faithfully
S Joshi

Sir, my client was doing gold business as well as gold smith works without gst can i prepare income and expenditure a/c to him