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DEAR SIR
TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION WHETHER HAS BEEN ANNOUNCED
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Opening valance of DTL 195731.00. current year closing wdv as per companies act 34,95,400.00 and IT act 2771830.00. Whatwill be the closing figure ? will it be DTL or DTA. someone calculated closing DTL as 7603.00 (195731- (3495400.00 -2771830.00)*26%). Is it corret method? pl. help with calculation.
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iS audit mandatory in Income Tax , if commission income gross received 50,72,732/- for a DTH saler (commission based business, so he wants to show 80%-85% expencess ) ?
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What is a gst rate and hsn code for cotton ginning and pressing service charge ?
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Respected Sir,
ITR FILING IN OLD REGIME
=====================
Professional Charges Receipt Rs 14,40,000
44-ADA income 50% Rs 7,20,000
Less Housing Loan Intt Rs 2,00,000
Less 80-C EMI Rs 1,50,000
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TAXABLE INCOME RS 3,70,000
TAX LIABIITY RS NIL
=====================================
BANK has given us us duly authenticted repayment schedule wherein EMI and interest is very clearly visible. Howsoever some experts have advised us to file under new regime after filing form. Deductoin of EMI under secction 80-C in old regime may attract income tax notice which is an unwated headache.
WHAT TO DO SIR IN SUCH A CASE. PLEASE ADIVE ME AND OBLIGE DUE DATE BEING 31ST AUG 2026
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sir,
Assessee runs her Nursing home. She earns around Rs. 50 Lacs from OPD and Rs. 40 lacs from IPD i.e. deliveries and operations carried out at her nursing home. Can I opt for 44ADA for OPD receipts and 44AD for IPD reciepts?
Question: - Presumptive Income sec 44ada only or both applicable
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RESPECTED SIR
THIS IS ALL ABOUT AY 2026-27 OLD REGIME
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INTEREST ON HOUSNG LOAN SHALL BE DEDUCTED FROM THE HOUSE AND PROPERTY INCOME WHICH WILL REFLECT IN MINUS ( ALLOWABLE UPTO RS 2 LACS ) IN FY 2025-26
AND
EMI PAID SHALL BE CLAIMED UNDER SECTION 80-C ( IS THERE ANY LIMIT OF DEDUCTION OF EMI) IN FY 2025-26
AM I RIGHT SIR
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Under Portuguese Civil Code Income needs to be apportioned between husband and spouse equally
My question is TDS deducted needs to be apportioned equally or each husband and wife will take credit of TDS as per their individual 26AS ?
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WHERE TO FILE AND CREATE PASSWORD OF APPEAL
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Hello Experts
we are engaging the business of Integrated logistics & distribution along with the 3PL services, car transportation and warehouse services.
I would require clarification for registration as Common Carriage under the Carriage Road Act, 2007 read with Carriage by Road Rules, 2011.
is this registration mandatory?
what would be the Implications, consequences and penalty if we are not registered under this act.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION