CA Sweta
03 December 2020 at 11:37

APPLICABILITY OF INCOME TAX AUDIT

IN CASE OF PRIVATE LIMITED COMPANY IF TURNOVER IS LESS THAN RS.1 CRORE IS IT REQUIRED TO GET AUDITED IN INCOME TAX ACT U/S 44AB AS TAX AUDIT?AND IS LIMIT COMPLIANCE OF NOT MORE THAN 5% OF RECEIPTS AND PAYMENT IN CASH REQUIRED TO BE SEEN FOR GETTING THIS COMPANY AUDITED IN TAX AUDIT IN INCOME TAX ACT?KINDLY GIVE ANSWER AS SOON AS POSSIBLE.


Kollipara Sundaraiah
02 December 2020 at 22:20

Mistake turnover in 19-20 adjustment

A gst registered regular scheme dealer sales of taxable goods (12%tax rate goods) business.dealer mistake sales of taxable turnover treatment exempted turnover show in gst monthly returns in f.y.19-20.
Question:
Dealer how to amended producer sales of taxable turnover and tax pay in f.y.19-20 show in 2020-2021 gst returns allowed in gst act.


VIKAS KUMAR SHARMA
02 December 2020 at 19:49

Gstp person can file his income US 44ADA

a gstp(goods and service tax practitioner) can opte Section 44ADA for filling his annual income tax return?
even filling gst returns of his parties(own their own behalf) not mentioning gstp id for any one.
regards
vikas


Anu Singh
02 December 2020 at 16:59

Subitable Income tax form for AY 2020-21

Hello

My question is which Income tax form is suitable for me to file IT return for AY 2020-21, whether ITR-1 or ITR-2. I am a director in a Pvt. Ltd. company and having income from salary less than 10lacs p.a. I have no other income except income from salary that I received from Pvt. Ltd. company in which I am director and shareholder.

Please advice...

Thanks
Anu



TARIQUE RIZVI
02 December 2020 at 16:00

Pdf to excel

Respected Sir

Income Tax Department has sent to us sales data of our company in pdf. Can we convert into excel the pdf file so that we should be able to make total of the sales.

Please guide me and oblige.


CA AJAY KUMAR AGRAWAL
02 December 2020 at 15:43

E Way bill

There are many situations prescribed where E Way bill is not required. My question is in NORMAL case seller & buyer are located within 20 KM or some other distance, is there any KM limit prescribed where E Way bill is not required in normal cases (based on distance criteria)


Baskar
02 December 2020 at 15:15

E invoicing Applicability

Hi,
is E-invoice applicable to inter-state stock transfers and exempted goods supply?


JAYANTA KUMAR BANDYOPADHYAY
02 December 2020 at 14:23

40.2% pa interest on Credit Card

SBI mentions that the finance charges are levied at up to 3.35% per month or minimum of Rs. 25/- per month (up to 40.2% per annum) plus applicable government service tax (18% GST), on the complete outstanding from the date of transaction, until the date of credit of payment on the card account. During lock down, Minimum payable amount -approx Rs.250 was not paid 2 years back- that financial charges gets accumulated by 40.20% pa.
Is there any legal way to stop this
Please guide.
Regards


yash sanghrajka

Respected sir/ madam,
I had bought a residential property in june 2010 with a letter of allotment for the same dated 06/06/2010, after which the said property fell into litigation and was finally registered on june 17, in the period between payments had been made to the builder as per the allotment letter. Now income tax department has opened my file for scrutiny and is telling me that the difference in the amount as on 2010 and 2017 of the SVA will be charged under sec56(2) of the act , they are also asking for registered sale deed of 2010 which i do not have as no such deed exists i only have the letter of allotment from the builder , so what would my remedies be in this case?
Thank you for your replies and help.


MAHESHA R
02 December 2020 at 11:09

Karnataka PROFESSIONAL TAX DUE DATES

Kindly advise karnataka Professional tax monthly deducted from Employees what is the due date and where can we get the notificatin in website






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