One of my client is a Petroleum Dealer ( HSD and Petrol) , LFR (Licence Fees Recovery) is credited to his account by BPCL, HPCL , How to deduct TDS on such amount of LFR and what is the nature of the payment.

194 I Rent
194 C Contract
194 J Technicle Services

Dear Experts,

I've filed TDS return through Income Tax Efiling Portal and the status is 'Accepted by CPC'. But till now in TRACES, it is showing return not filed. Please let me know the possibilities or how long does it take to show in TRACES? Please.

I have sold a house property for 90 lakh.. I have received 27 lakh in cash as first installment.. Can I deposit tds on full amount 90 lakh @1% in form 26QB. or I have to deduct TDS payment wise.. first on 27 lakh.. then on the remaining amount... Basically the issue is that can I deposit full amount of TDS on 90lakh in 26QB but I have received on 27 lakhs yet in cheque.. Pls Advice

For Assessment Year 2018-19, may I show net profit @6% u/s.44AD in case of banking turnover.

Dear Sir,
One of my client was not filling of ITR A.Y.2017-18 on or before 31/03/2018, and now his want to file ITR A.Y.2017-18 with Gross income and total income within 290000 to 325000, then can I file Return A.Y.2017-18 in May 2018 and How the penalty will be paid for delayed filling and amount of Penalty?

I got signed the form 103 from my auditor on 28/04/2018 but due to some issues i cant able to submit the form to ICAI on or before 30/04/2018. Due to this my final attempt nov 2020 will skip, pls answer me sir

hi,

My fahter sold HINDUSTAN UNILEVER LTD. shares in FY 2017-18 but dont know date of purchase of share. It was purchase on 5 years ago can any help me how we calculate Long Term capital gain on same amount is around 5 lakhs

CAN HUF BECOME A PARTNER IN PARTNERSHIP FIRM FOR INTEREST ON CAPITAL & PROFIT SHARING???

Whether GST registration is mandatory for a proprietary CA firm situated in KOLKATA having turnover <20,00,000 or not?

Can I contribute 2 lakhs in my NPS account and claim deduction of 2 lakhs investment in NPS? I have not invested anywhere else under section 80C.