One of my client retired on 15-06-2018. He got leave encashment amounting to Rs.11,00,000. His basic salary + DA is Rs.3860.00 per day / Rs.1,17,417.00 per month. Please let me know his eligibility which is exempt from Taxable income. Kind Regards

Respected Sir,

As per the income tax portal the ITR-6 filed for the Ay 20-21 is still lying under processing. ITR was verified as on 31-12-2020. How long it will take for processing ?

Please guide me and oblige.

A hospital appoints a contractor to provide all necessary medical services with respect to cardiology department . If the payment to such contractor is made at a percentage of fees collected from the heart patients treated therein; then under what section TDS need to be deducted (194J OR 194C) ?????????

Moreover , they are also paid 80% of pharmacy profit on IP Pharmacy sale to cardiology department.
Whether TDS need to be deducted on such payment or not ??????????

Kindly give a detailed solution....

Thanks in adavnce

From
Laxmi Mittal
Vapi

1. While filing Form 3CBCD, error is coming as "Invalid Json File" U/s 44AB since last one week
2. Has anyone is able to file the same. If it is pl. let us know the procedure for filing the same

Thanks!

Sir
A is government contractor. He received work order of Road Work from Government with 12 % GST.
After that he give sub contract to B . After that B give sub contract to C.

I have question, what will GST Rate is applicable to A , B & C ?
Please reply

Sir,
Assess example purchase of property last 4 years ago and assess not show in accounting books.
Question:
Assess undisclosed property in books after 4 years purchase date accepted in it act.

We have issued invoice in August 2021 but goods yet not delivered. Shall we upload the invoice in gstr1 returns without delivery of goods? Please clarify in details?

Dear Sir, If any case, husband (doing job in private co) and wife (house wife) is joint owner of one house property and home loan has taken on it and husband is paying loan with interest. The house is let out to third person and he is giving monthly rent and this rent is deposited in husband wife's joint account. Now, at the year end husband is claiming loan interest as loss from hp and 80c deduction with the salary income and wife is showing whole rent income in her income tax computaion. husband name is first in both the agreement. Is it possible in Income Tax that one person is claiming Home Loan benefit and other person is showing House property income? please guide.

We purchased goods from the party in September 2021 but delivery is still not taken by us. The party has uploaded invoice is gstr1 and we can see in our gstr2A. What does this means? Please clarify?

Sir
company is a public unlisted company . company has got ISIN

the company has unissued shares it wants to issue these shares

how this is done ( by issuing allotment letters to DP)