According to Section 271H, failure to file tds or tcs returns within due date, penalty u/s 271H is leviable. Whether late furnishing of Form 26QB attract penalty u/s 271H???
I have received notice where penalty under section 271H initiated for late filing of form 26QB. But as per section 271H, penalty can be levied for late or non filing of forms specified under section 200(3) or 206C(3) which deals with tds on salary i.e. 24Q or tcs returns. So i am confused how the penalty is initiated under section 271H for late filing of 26QB. Please guide me
Whether we need to report surrender of shares in form 29b,if yes where to report it.
does lic pension plus proceeds comes under section 10 10(d) of income tax act.
And if so
conditions for claiming lic pension plus maturity proceeds under section 10 10 d
In the original return tax liability was zero and a full refund of the TDS deducted u/s 194O was due. Before filing the revised return, the refund status was still due thus we filed a revised return increasing the tax liability.
But Just a day before filing the revised return refund was received. The status of the original ITR is still "refund awaited". How do we pay off the liability, increased in the revised return?
ONE OF MY CLAINT SUPPLY COMPOSITE SUPPLY TO CORPORATIN OF HAND PUMP MAINTENANCE SERVICE. IS HE EXEPTED UNDER Notification No. 2/2018- Central Tax (Rate) OF TABLE 3A ? IF YES SAC CODE ?
for asst.2122, if itr was filed without audit report, (audit report was filed after itr was filed), exemption should not go right?
itr and audit report both were late,
my view--> if itr was late, they cant deny exemption
https://taxguru.in/income-tax/misinterpretation-section-12a1ba-cpc-lead-huge-tax-demands.html
I have COP. However I wish to surrender it. My KYM is also pending. Whether I should first surrender my COP and then proceed with my KYM as a member only and is this possible.
what is a F&O turnover and purchases , and how turnover - purchases = profit arrived at?
Are persons working abroad required to file income tax returns in India even if their stay in India is less than 182 days and if their income is below taxable limit. DDIT issued notice calling for assets held abroad.
Can the experts throw light in this aspect please....
Can a cs student get registered for training under ca
According to Section 271H, failure to file tds or tcs returns within due date, penalty u/s 271H is