Sir,
Business it Assess gift of trade stock (business stocks)to son allowed.if allowed what value at cost or fmv value.
Fixed deposits are in my name and second name is of my wife. Tax paid by me on Interest income. My wife is not liable for tax payment however such deposits are reported under SFT in 26AS of both of us. Any action required to be taken by my wife.
Foreign exchange purchase Rs. 222000/- reported in my wife's 26 As under SFT. My wife is housewife and no source of income. Foreign exchange purchased for LFC tours and payment made from our joint account. Whether it is necessary to file ITR of wife.
The Employee contribution of PF and ESI is disallowed for FY 2018-19 .After Budget 2021 is there any way of winning the case .Whether earlier case Laws M/S ESSAE TERAOKA PVT LTD VERSUS DEPUTY COMMISSIONER OF INCOME-TAX KARNATAKA HIGH COURT: February 4, 2014 [2014] 366 ITR 408 (Kar) holds good.Regards
I became ICAI member in April 2019 but I have not taken any CPE program credit in that year. In this case, whether any exemption is available for CPE hours or not for the first year of membership?
Hi All
Can I claim GST on office expenses(i.e, Itc on the computer used for office purposes not directly used for manufacturing) also as a part of the refund?
Dear experts Sir/ Madam
Can you please solve following queries
A Technical person , Senior Citizen, is drawing monthly salary ₹2 lac per month as a director from a company , He also getting ₹ 3.5 lac per month as consulting engineer services from others. He wants to pay tax U/s 44ADA .
Would he be eligible to claim 3.5 *12 = ₹42 lac under presumptive "income from business profession" 8% & rest ₹ 24 Lac under "salary"?
Kindly elaborate.
One of our client Company is into the trading of Lubricating Oils in Delhi.
Please guide me the procedure to obtain lubricating oils trading license for Delhi location.
Dear Sir/Madam,
Can an individual claim deduction u/s 80CCB, 80U and 80D together for medical expenses. 80D is also on medical expenses, no mediclaim paid.
I have applied for registration of charitable trust in form 10A on 28.03.2021 and got provisional registration for 3 years on 28.05.2021. My query is do I need to revalidate the registration as per new provisions? If yes, do I need to file the form 10A or 10AB?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Gift of trade stock to son