One of person have agency of Airtel payment bank.cash received on an average 1 lac cash daily from customers to deposit in Airtel payment bank.currently deposit money current account and transfer to Airtel.
Question:
Person which account required open his money deposit business.
Dear Sir/Mam
I have a quarry regarding income tax please suggest me:
A person live in 8 months rest of 4 months out of India ( Malaysia) he got income consultancy fee in India 8 months and 4 months form Malaysia.
He was file income tax in Malaysia ( Income got in Malaysia) and want to file Income tax in India so i want to know how can he got benefit already file tax out of India.
Dear Sir
I incurred long term capital gain by sale of property last week. I have deposited this amount in my existing saving account. Does any interest earned on this amount of capital gain will be treated as part of the capital gain or it will be treated as part of income from other sources for ITR filing purpose. Thanks
1-CAN START HUF MEDICAL SHOP BUSINESS
whether concessional rate of tax on works contract services to govt applicable to sub-sub contractor
Dear Sir
Can anyone please guide me where to put sale of Debt Fund during the year (Short and long term) in ITR 2 as applicable to FY 2019 - 2020)
Tax treatment of bond amount paid by employer to employee My client paid bond amount to employer Rs 300000 now he want to claim such Rs 300000 as deduction from salary can he do so if yes please send me judgement and also mention legal case of the same so I can understand properly
Dear Experts,
We are using rental monthly tally licence. Pls let me know should I book as fixed assets or expenses in books
Thanks
Nikhil
Assess maintained a private hospital.fees collected details mentioned below.
1. Room rent rs:3000 per day
2.food and meals rs:1000 per day
3. Consultations doctor fees rs:2000 per day
Total rs:6000 per day * 3 days Rs18,000/- billing collected.
Question:
Assess tds deducted sec 194 j applicable and tds rate of tax applicable on hospital billing or doctor consultation fees only.
One of our clients is 100% subsidiary of a foreign company and provide services (export) only to the foreign parent company.
For this there is a contract where they raise an invoice on monthly basis to the parent company which has a markup of 15%.
Due to unforeseen business reasons our client will not be providing any services for till end of the year and hence no invoice will be raised.
From Transfer pricing Income tax point of view, will there be any challenges? Will Income Tax department, based on the contract consider any deemed income?
Thanks you in advance.
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Which bank account open