Hi
Iam an income tax payee and my mom got the message on her mobile phone -
26As statement shows income receipts without TDS
She took a loan of 5 lacs from our relatives for house construction and deposited in bank . she is also a teacher but her yearly income is 1.2 lacs .
So did she get the message because of the deposited 5 lacs amount ??
Or is it just a general message .
Do she has to pay income tax or file an ITR ???

Sir/Madam

A Consultancy firm also liable to tax u/s 44ADA. The Firm total receipts is Rs. 6.00 whether it has to show net profit above Rs. 3.00 or it can show its profits below Rs. 3.00 without audit u/s 44AB.

Whether 44ADA is also applicable on Partnership firms or it is only for individual professional

Thanks

Me and my friend have a Internet Cafe so we always need to do so much of online payments for customers . My friend is not always able to go bank to deposite money in his account so i take cash from him put it my account and then i transfer it to him by IMPS. I have never looked at my credit transactions when i looked i found the credit receipts are more than 45 lacks now do i need to pay tax on it even that money does not belongs to me. Only about 22 lacks credit transactions belongs to me all other money only belong to my friend



Please help me CA said that i need to file ITR on turnover of rs 45 lacs so i will need to pay about 25000 tax even i havent earned taxable income.

If you can help me please message me on 8087996798 (Whatsapp)

Thank you.

I HEREBY MAKE SOME CORRECTION IN QUERY ASKED BY ME A FEW MINUTES AGO.

MY QUESTION IS COMPANY WAS INCORPORATED ON 21-04-2016 AND FIRST AUDITOR ALSO APPOINTED AT THAT TIME.NOW WHAT IS THE LAST DATE TO CONDUCT AGM FOR F.Y.2016-2017..AND WHAT IS THE LAST DATE TO FILE FORM ADT-1 REGARDING APPOINTMENT OF AUDITOR FOR F.Y.2017-2018 WITH ROC?KINDLY SUGGEST.

Read more at: https://www.caclubindia.com/experts/last-date-of-filling-form-adt-1-2528429.asp

COMPANY WAS INCORPORATED ON 21-04-2017 AND FIRST AUDITOR ALSO APPOINTED AT THAT TIME.NOW WHAT IS THE LAST DATE TO CONDUCT AGM FOR F.Y.2016-2017..AND WHAT IS THE LAST DATE TO FILE FORM ADT-1 REGARDING APPOINTMENT OF AUDITOR WITH ROC?KINDLY SUGGEST.

Sir,
I need some help for above mention matter. in details i file my return for A.Y. 2016-2017 on time. As per self assessment tax i paid Rs. 35360 income tax on 29-07-2016. but when i upload my return in excel ITR unfortunate details not enter in proper way saw in ITR my liabilities is appeared. i m also know that matter when department post me my 143(1) with payable amount with interest.
now i how settle that amount i have challan of Rs. 35360. this amount i paid online. Please reply me

dear sir/ madam, What is the next step if application for clarification is regected ?

Dear Expert,

If advance received on 15th July and Invoice issued on 20th July in same month. Will i have to pay tax on advance received amount as per time of supply or need not required to pay tax seprately on advance ?


Please guide

We buy goods from delhi and sell it in Indore. We are based in pune.Which bills transporter will carry? Invoices raised to me by delhi firm and how will transporter have my invoices raised to Indore party? If delhi bills reach Indore party , they will know my purchase price alsoPl advise

Sir/Madam
My doubt is about the Rs 20 lakhs limit. If i have taken GST registration on a voluntary basis although my turnover will and always had been below 20 lacs . is it compulsory for me to pay gst or not ?