I want to know how much tax is payable on income earned on currency derivatives trading.. can we consider this income under section 44AD. how to save tax on business income. pls clarify my queries.. thanks.
If a chartered accountant is doing revenue audit of a bank branch in haryana and he himself located in haryana but the audit report is submiiting in chandigarh, RO, then whether will he be required to take registration under GST to consider it as inter state supply? please reply.
if service provider (say a CA) is located in haryana and doing revenue audit of a bank branch in haryana but the report for the same has to be submitted in chandigarh, then will he be required to take GST registration to consider it a interstate supply. please reply.
Hello Experts, As you all are aware of the fact that the govt has allowed for the revision of GST TRANS 1 but I cannot find any option in the portal. Kindly specify the procedure. Thanks in advance.
if my father plot is sold and a upper floor of my house is build is it taxable under capital gain
Recently i have joined an organization (Firm 1) who outsourced the entire recruitment process to another organization (Firm 2). I have quoted 1.25 Lakh per month towards my fee for the services. I am on the payrolls of firm 2 but my services are for the firm 1. Firm 2 receives 15 % commission on my salary which is exclusive of the quoted amount. I would like to know how much of the quoted amount will fall into "TDS". Normally as a contractual employee, i am of an opinion that 10% of the Remuneration will fall under TDS. Kindly confirm
hello, i have filed aoc 4 for a comapny, after upload payment is made and challan is generated. But i am unable to see the form in 'my workplace' section anywhere. Please answer, can we access and see the status of forms(aoc 4, mgt 7) that have been uploaded by us ??? Thanks a lot in advance.
i had entered the amount 6540 instead of 5640 in eligible itc and submitted it as i cant change the amount after submission i paid the tax in cash and utilise the original itc that is 5640 in the gstr 3b for month of september. am i liable to pay interest for wrong availment of itc?
We made chalan to paid igst tax and fill amount in igst - other colums. The tax show in ledger but not allowed to Set of liability. How can we refund back. What is other tax column in GST chalan
Dear Sir,
We had sold Agricultural land before 3 years but Sales deed was not executed but Agreement to Sale was considered.But the land is in compulsory acquisition under government rule and the compensation is received in the hands of seller for Rs. 1crore 20 lakhs and the buyer is claiming his rights.
Can you please guide in whose hand the amount will be taxable though the compensation received in the hands of seller and the whole compensation will be transferred in the hands of buyer.What will be the taxability and how to show in books of Accounts
Regards
Sarfaraz Nursumar
8087811562
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
income tax on currency derivatives trading