We received a payment from a party from other persons bank account. Now we have a Income Tax scrutiny and party is not confirming Accounts . What should we do in these circumstances . What should we reply to Income Tax Authorities. Please advise?
I am doing Equity Intraday Trading/ Short Term Trading and my broker is angel and angel is provided margin trading funding @18 PA+GST.
F.Y. 20-21 i had earned 98k from intraday profit and 102k from short term capital gain and for the F.Y. 20-21 angel broking Interest charges on margin fund is Rs. 47k and charges for Pledge/Unpledge 5K.
My question is how can i adjust these transactions in return please explain.
Sir, with due respect I want to know that after the death of a GOVERNMENT employee INCOME TAX CAN BE DEDUCTED FROM THE MONTHLY FINANCE ASSISTANCE GRANTED TO SPOUSE OF DECEASED
Sir/Madam
I am the Franchise of Aditya Birla Money Ltd. for Shares, Securities etc., broking purpose.
I was received Brokerage from Aditya Birla Money Ltd. for broking of Shares, securities purpose.
1) In Invoice Aditya Birla Money Ltd. Clearly stated amount paid to me is "Brokerage" and GST SAC is 997152.
2) Aditya Birla Money Ltd. is deduct TDS @ 2% u/s 194J under " Fee for Technical Services"
my doubt is this income is consider under a) Business Income or b) Professional Income.
Please Reply.
How do I show Taxable EPF withdrawal before 5 years? If I show Employer's contribution Under head 'salaries' whom I should show as Employer? In ITR 3, the TDS deducted by EPFO is not linked to 'Income from Salaries'. I can link the TDS deducted only with 'Income from Other sources'. I am using ITR offline utility for filling ITR 3
WE TRADING IN WHEAT BRAN I.E. EXEMPT UNDER GST. GTA SERVICE ON THESE GOODS COVERED UNDER GST
IF WE PAY RCM THEN CAN WE CLAIM ITC
Sir,
I want to know whether there was any ceiling in case of registration of land in the name of a company or LLP in kerala. Sombody told that not more than 15 Acres can be registered in the name a company or LLP. Whether the statement was legally correct.
Dear sir/madam,
case goes like this.
1st Leg:
X-company initially enters a contract with BWSSB (Bangalore Water Supply and Sewerage Board) which is Governmental Authority.
2nd Leg:
where X-company further executes sub-contract to Y-company partially.
Questions:
Here who is eligible for exemption under Service Tax under theNotification No. 25/2012-Service Tax dated- 20th June, 2012, para 12A(a) a civil structure or any other original works meant predominantly for use other than for commerce, industry, or any other business or profession;
Whether both dealer eligible Service Tax exemption?
Note:
Contract work is underlaying pipeline.
where contract agreement contains as agreement for replacement/rehabilitation does these words constitute as Original works as provided under above cited notification?
Thank You in advance !
Can a whole time company secretary (although form filed for appointment but company hasn't reached the threshold of paid up of 10 cr) act as an individual consultant (not having cop) to a government company on retainership basis?
A Seller residing in India, Buying and selling goods from a rented warehouse in US through Amazon. No Movement of goods from India. Paying for all purchases and receives all sales income in Indian bank Account.
- The sales will be treated as exports or IGST has to be paid?
- The payments made for purchases to US vendors from India Bank account, IGST payable under RCM?
- A separate tax invoice is needed to be prepared, or Amazon US's Invoice is sufficient?
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