kannan
23 February 2023 at 08:41

ITR V EVERIFICATION

how to solve this Since the return is not verified within the time allowed, same is deemed to be never furnished. This one is filed after due date


Amit Kumar

As my company purchased water tank Rs.5000 , whether it is office equipment or F & F , or it is expense


Gaurav Gupta
22 February 2023 at 18:21

Expense which can claimed in Pvt ltd

I just like to know what kind of expenses director of private limited claim from company
Can he claim his medical expenses
Can he claim his clothes expenses for biz meetings
Is family holiday can be claimed once in year

If yes please let me know limits n section


DIVYESH JAIN
22 February 2023 at 17:15

Claiming standard deduction on salary

Dear Sir,

One of my client is giving salary of Rs. 50,000 each to two of the directors since there was not much profit earned by the company during the year.

I want to know when the directors file their income tax return showing salary of Rs. 50,000 each, can they claim standard deduction which will result in zero taxable income from salary.

Please advise in this matter.

Regards,
Divyesh Jain


sunil c

What will be considered as the Date of Purchase of the New Asset (Residential House) which is required to be purchased 1 year before the Sale of Original Asset (Residential House) as per the requirement of Section 54:

1) Date of Agreement of Sale.
OR
2) Date of Possession of the Flat.


swamy

Husband gifted one apartment and one plot to his wife {She is house wife.) in good time. Also helped financially to purchase a plot on her name. Also helped financially to build a house on gifted plot by her. Now Wife is owner of One apartment, one constructed house {Ground +1 flour on 40 X30} gifted plot, and one plot that purchased in her name but financed by her husband. Currently no movable or immovable property is in husband's name. Both are senior citizens. Husband retired and working part time for lively wood. House is running on husband's earnings only. Two daughters are married. Husband's PF/Gratuity /Insurance money used for daughters’ marriage expenditure. Now wife not treating husband well. Planning to sell one of her properties {Gifted) for her own security purpose. Husband is not agreeing. Now what is the rights of Husband/Wife?


vijay
22 February 2023 at 15:06

Private Limited Company Name Change

After name change of a private limited company which are all the documents (eg: letterhead, stamp, Visiting Office Board etc) the old name also needs to be specified?
For example : XYZ Pvt Ltd ( Formerly known as XY Ltd )
Is it mandatory to disclose former name and if yes for how long ?


Suresh S. Tejwani
22 February 2023 at 14:21

Regarding E INVOICE Applicability

Accesses has turnover more then 5 CR then E invoice under GST is mandatory ?

in February 2023 turnover reach 10 crore then e invoice is mandatory for which financial year ?


ITHelpDesk Unknown

Errors encountered while uploading the file


Jaswinder singh

Respected Sir/Madam,
My First Ques is, Person providing software regarding services to specific company abroad whether there is need of GST No.?? Turnover less than 20 lakh annually..

And My Second ques is, Same person providing above same services to specific company abroad under employer - employee contract, whether treated as under Salary income or business income?





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