If "A" is proprietor of business, during the year succession of business was taken place due to death of assessee. said business is transferred to his son "B"in the first quarter on the Previous year. what will be the depreciation deductible in the hands of A and B relevant assessment year. with the Provision of Section 32 of Income tax act 1961.
Suppose a trader in Haryana invoices goods with Bill To party in the city of Bangalore and Ship To party in the city of Mysore, then who will provide the E-Sugam to the trader in Haryana and why. Please also provide an understanding on the Form C, i.e. who will issue the Form C, being a transaction on concessional tax rate of 2% against the C-Form
is any limit to deduct tds on interest on individual loan who is not eligible tax audit
Give agricultural land for movie shooting? Is this a agricultural income? Can we charge service tax on it?
Anybody kindly clarify the following about Marginal relief with example.
The total amount payable as income tax and surcharge on total income exceeding 1 cr. but not exceeding 10 cr., shall not exceed the total amount payable as income tax on a total income of 1cr., by more than the amount of income that exceeds 1cr.
Is it necessary to file Form 3CD alongwith Retun of Income? OR AO take into consideration both at the time of asssessment?
What is the time period for filing form 3CD with reference to A.Y?
What is the penalty for not filing form 3CD with reference to A.Y?
Hi,
I want to know, how much amount of house rent allowance Per month can an employee pay ? If his basic salary 10000 per month & received House rent allowance Rs 4500 by Employer. What is the HRA limit which an employee can pay.
If a company paying Rent for office premises on which landlord also charges maintenance & Electricity bill through separate invoice & the Landlord charges Electricity bill over and above the actual rate per unit then whether TDS is to be deducted on electricity Bill & Maintenance charges.
sir i have a query about payment of tds..i want to know upto when we have to make payment of tds to government
Sir,
We have recieved a certificate u/s 197 for Co. having Indian PAN and address at Gurgaon (Which is indian branch of forign Co.) for a sum of indian rupees.
now we get the invoice from forign office of same company and bill amount is in USD.
can we make the payment on the basis of this invoice or have to obtain invoice in INR from indian branch for deducting of lower rate of TDS as per certificate.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Depreciation on assets in case of succession on a/c of death