Dear Sir,

One of my client has come with his Form 16 where he has claimed Rs. 1 lac extra HRA in Form 16. Now he wants to declare actual HRA amount and file Income tax return.

My query is can I declare his correct HRA amount as if I do that the amount will not match with Form 16. Will his return get accepted by Income tax.

Please help me in this matter.

Regards,
Divyesh Jain

what is Password to open PDF for AIS ( Annual Information system) and TIS.( Taxpayer Information summary)

what is diluted EPS.

An Indian citizen who is been employed outside India and falls under category resident but not oridinarly resident had come to India during FY 2020-21 for a short visit but due to pandemic he couldn't leave India. During this time he worked from India (WFH) and received salary in foreign bank account and also pay taxes in foregin country for the same . Does the aforesaid income is taxed in India?

in which condition RCM on advocate not applicable in the case of service received by a Pvt. Ltd. company.

Error while submitting return.|Account determination not possible for key MSTD - -C1 -R000 -A17D, posting area Invoicing: Account Assignments for Genera(2610)|--> Error during processing of source document INVBI 5002069313|--> Reporting invoicing function: Invoicing of Billing Documents|Unable to process invoicing unit for contract account 27541575028|*** Documents to be processed in invoicing unit:|***** Source document category-source document number INVBI -5002069313|*******|Errors occurred when posting invoicing documents for form bundle 92236008|

sale of rural agriculture land in previous year should report in ITR under exempt income ????
although it's not a capital assest

I want to know the tax implications in the following cases in case I am not maintaining book of accounts

A) If I receive a certain amount in my bank account from Mr A, and transfer the same amount to Mr B immediately, what are the tax implications? In case I am not maintaining book of accounts

B) If I make an online payment on behalf of Mr C, and Mr C pays me back for the same through bank transfer, will it have any tax impliations?

we have sold complete material worth 15 lacs to another firm which is in the same building. but we forgot to generate the eway bill. because the material is not moved anywhere. just raise the invoice to the newly stated firm. is it right or offensive? if offense what will the solution to rectify the mistake. Please urgent ....

Hi,
I am a freelance producer. As a producer, I often have to receive services from other freelancers > package them along with my service and then bill my client for the total.
Example:
I am doing the casting for a video production for a client.
I hire actors who are both charging 50,000 each. Therefore, the total is 1,00,000.
I am charging my casting fee as 50,000.
I generate the bill with the following items:
1) Actor fees --- Quantity: 2 --- Cost: 50,000 --- Total amount: 1,00,000
2) Casting fee --- Quantity: 1 --- Cost: 50,000 --- Total amount: 50,000
Total invoice amount: 1,50,000

How much TDS does my client deduct while making my payment to clear this invoice?

Additional info:
- I am not gst registered, therefore will not charge any gst.
- The actors I am hiring are not gst registered, therefore they won't charge me any gst
- The actors will generate an invoice to me and will receive the payment from me (not from my client directly)
- I do not have a TAN and will not be deducting TDS while making the payment to the actors.