I am partner is a CA firm book, now want to leave as partner and want to start my own practice. Other partner and incharger partners if not give consent.
How can I complaint with concerned regional office.

Urgent !

Is TDS applicable for the extended warranty charges for the Laptop which is included in the invoice and not as separate invoice/ contract?

Thanks in advance!

Can the amount received from promotor( A Private limited Company) be considered as deposits? will it come under the definition of depositors?

Thanks in Advance.

As per requirement from IT all bank account details need to be disclosed while filing IT return.
For an NRI - NRO account details are declared as all income etc in INR gets into this account.
Is it also a must to declare NRE account details also ?

For any advance received , is income taxable.
and for the advance received whether invoice can be issued.

Respected members,
One proprietorship firm engaged in providing tour operation services ( International) has collected TCS U/s 206 during the month of May 2023 . Can anyone please guide under which code it will be deposited online through income tax portal..?
Because there is no description is showing as Tour operation services. Is it fair and correct to select Description as "TCS On foreign remittance " Under Section -206 & Code- 6 CO for depositing TCS collected .

Thanks & Regards
CA Enayat

I am a CA Final student and have appeared for both groups in may 2023 but failed to clear, my querry is that if I give exam for single group in nov 2023 exam and clear the same, then what are my eligibility criteria in may 2024 also i have completed my articleship in 2022.

Respected members,
A haj tour operator providing international tour packages has collected TCS u/s 206C from customers during May 2023. Please guide which description and code shall be selected while depositing this TCS amount online through Income tax portal. Under the deposit screen Foreign tour operator is not showing under description. The following one is there. Can anyone please advise is it correct to deposit this TCS amount under the following .
Description
TCS on Foreign Remittance
Section
206C
Code
6CO

Regards

Dear Sir / Madam,

It is seen in most flat purchase agreements that a person who is earning, keeps their spouse, mother, or father as a joint owner. They are there for the namesake and just to avoid any legal intricacy if something happens to the earning member. Their share is also not defined in the agreement.

Moreover, the housing loan is repaid by the earning co-owner only. The other co-owner doesn't contribute to the repayment also.

But still, in agreement, we have to show them as co-owner and their share, say as 50:50.

My questions are as follows:

1) If that property is rented for say Rs. 500,000/- pa and there is interest on home loan of Rs. 250,000/- then we have to divide the rent between the co-owners.
But the only earning co-owner is repaying the loan, can we show the entire interest on the Home loan of Rs. 250,000/- in his return and Rs. 0 in the other's return?

2) If the answer to 1 is yes and the other co-owner income is only rental income and some savings interest and total income is below the taxable limit. Will it be okay if he doesn't file the return, even though he has a share in the property?

Kindly guide.
Regards,
Suraj

Dear Sir, Can you please tell me what are the FEMA compliances if a foreign subsidiary company borrows from holding company ? Pls let me know which form to be filed urgently. Pls help Sir