What should be the amount paid/credited in case of tax deducted on salary of an employee in TDS return of 24Q, i.e. the amount after exemptions(net salary) or before exemptions u/s 10 (gross salary). If we take gross salary an employee can claim the exemptions while filling his income tax return, can't he? and vice versa?. Please help. Waiting in anticipation for your reply.
Answer nowIf a self constructed house is sold then what will be the cost of Acquisition, if land was purchased seperately in a different year and construction completed in different year?
Answer nowReceived below message, can someone help me understand this and next course of action.
Total TDS by Employer of PAN XXXXXXXXX for Qtr ending Mar 31 is Rs 82,037 and cumulative TDS for FY 16-17 is Rs 2,03,786. View 26AS for details
I'm service man. i have take a personal loan of 5 lakh Rs and now I want to give this money to my mom for payment of balance amount of her property in local authority. how can I do? what is tax treatment for mom & me?
Answer now
if a company is having car as assets and if one car gets insurance claim for repairs from insurance company what are the journal entries for adjusting that insurance claim amount met by insurance company
Answer nowDear Sir, please clarify the following situation relating to applicability of Tax Audit
1. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 4,50,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?
2. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 1,60,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?
I've joined my articleship on dec9,2016 and took transfer on march23,2017.I've not joined articles till now i.e,may 30.will my final attempt be delayed if join artcleship on june 3rd?
Answer nowWhat is late fees for submission of articleship completion form 108?
Answer nowDear Sir,
My query is whether we have to generate GST Invoice from Govt. Portal ie www.gst.gov.in wef 01.07.2017 or We can generate GST invoice from our SAP systems and upload the same on GST portal .
Pls revert
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