I have a doubt. Suppose Mr.X , a resident but non ordinary resident, receives his superannuation pension income from Australia after deduction of tax by Australian govt. at the rate 35% . The pension income is deposited by the govt. directly in Mr. X's A/C in a Bank say IDBI Bank in India and it is not deposited in any bank account in Australia. The pension income accrues and arises from Australia.My doubt is that whether the pension income credited to Mr.X's bank account in India is taxable in India as income of RNOR received or deemed to be received in India???? Also please give relevant IT sections and case laws if possible...Since the RNOR is not having any bank account in australia, it is deposited in his account in India. So can any relief be claimed for the same??????

One more Kind request...Pls give me the applicable sections and case laws too if possible to justify ur answer..It will help me to an great extent

sir as we know according to section 1(4)(f) that company law applies to any body corporate incorporated by any special act which central govt. by notification, specify in this behalf, subject to such exceptions, modifications or adaptation, as may be specified in the notification". so here does company law applies on LIC as it is incorporated under LIC Act and is a Public Financial Institution. morever, what are PFI, whcih are shown in books as type of companies. so are they companies or not or what. plz explain in details.
thank you!!!

For my query for the absence of column for deduction under sec 58(2) in ITR 4
your reply is enter net interest after deduction of interest payment.. When 26AS TDS is claimed
the CPC Bangalore will adopt the interest as per 26AS and there is no way to convince him deduction since this has not been reported .You know the attitude of CPC. What is the solution.
A Raghavendran FCA

SIR,
if a person earns commission income from sbi life insurance can 25% of his income be claimed as expenses, without any bills and voucher.If no how much % can be claimed.His income is more than 20 lakhs.

For AY 2019-20, tax auditor in his report dated 28.09.2019 had considered for disallowance unpaid provision for bonus of Rs.33 lacs in books of the assessee company as on 31.03.2019. ITR for AY 2019-20 was filed on 23.10.2019. Between date of tax audit report and date of ITR, the assessee company had paid bonus of Rs.32 lacs out of the provision of Rs.33.lacs. However, this was not considered while filing the ITR. Subsequently, in the ITR for AY 2020-21 also such paid amount was not claimed. What are options available to the assessee company in this regard? Please help.

A gst registered dealer sales of goods to urd one customer rs:30,000/- .dealer another sales transaction same day same customer rs:40,000/-
Question:
Dealer rs:50,000/- above value ewaybill generated mandatory.

If we issue diesel to sub-contractors, the amount of which will be recovered from vendor including GST against bills submitted by him. Below are the questions:
1) Can I raise debit note for the same to vendor
2) Would GST be applicable on that debit note? If yes, at what percentage
3) Can vendor claim ITC on the basis of debit note?
4) Is GST mandatory on issue of diesel, can I issue diesel without charging GST?

We have taken a consultancy service from Singapore. The Service value is more than 10 Lac. Can we not deduct TDS as if there is any Treaty between INDIA and Singapore for not to Deduct TDS.
Please Guide

Is it necessary to register a cash gift deed received from parents ?
Is Rs.100 stamp paper enough to draft a cash gift deed of about Rs. 15 lakhs to Rs. 30 lakhs.

A women received payment in cash Rs. 50,000 for religious teachings which she directly deposited cash in PPF Account instead of depositing first in her savings account. Does she need to show in her Income while filing the returns? Thanks 🙏🏻