ramesh
20 June 2022 at 13:53

Sec 54f of Income Tax act

I own 3 flats in chennai. I am selling a flat and buying a new flat. Can I claim LTCG exemption u/s54F....
I understand that 54f cannot be available if the assesse owns more than 1 house...

Should the flat which I am selling be included for determining the houses owned or it should be excluded...

Pl clarify.


Aswathy Nair
20 June 2022 at 11:46

Section 194R - TDS

Can you please upload details of Section 194R?



a eranna
20 June 2022 at 08:53

DIRECTOR SERVICE

Dear sir

Please provide details of Director service as per companies act.

Thanking you


ADNAN HUSSAIN

Hello,

If we declare income under 44ADA, then what will be offical income i.e actual income or presumptive declared income??

Then what will be the official income? White income...

Example:- credit received 10 lakhs

Declared u/s 44ADA 50% i e 5 lakhs


So what is the official income for investment purpose?

Actual income is 10 lakhs declared in IT 5 lakhs


Jay Prajapati
19 June 2022 at 18:34

Apllicability Of CARO 2020

If Public company which is closely held company so is Caro 2020 applicable ?


Naina

Sir,
What is the max. No. of partners allowed in a partnership firm!?
Is it 20 Or 50!?
Sir, I've also seen max. No. Of partners as per companies Act is 100!?
So which is to be considered!?


ADITYA

DEAR EXPERTS
KINDLY GUIDE ME :-
THE PERSON RENDEREING IT SERVICEs TO HIS OVERSEAS CUTOMERS.
HE IS RAISING HIS INVOICE IN USD AND GETTING PAYMENT IN HIS ACCOUNT IN TO INR AS PER RBI NORMS
QUERY:-
1 WHETHER HE IS REQUIRE FOR GST REGISTRATION ? WHEN AFTER THRASHOLD EXEMPTION ?
2 IF YES, WHAT ARE RETURNS HE HAS TO FILE ?
THANKS AND REGARDS


Daya
19 June 2022 at 14:04

TDS under section 194R

when TDS to be deducted under section 194R.
what is criteria to deduct TDS.


ADITYA

Dear Experts
Please guide me :-
IT services providing to Overseas Customers
Invoices raised in USD / Payment credited in Bank Account in INR
Turnover is less than Thrash Hold Limit
Query
1 GST Registration Applicability ?
Can GST Registration be taken voluntary before Trash Hold Limit
2 GST Liability tax rate ?
3 GST Formalities ?


DIVYESH JAIN

Dear Sir,

One of my client is into e-commerce business and his tds gets deducted under Section 194C and 194O. Can I file is return under Section 44AD. His turnover is Rs. 5 lacs in FY 2021-22.

Please help me in this matter.

Regards,
Divyesh Jain





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