Respected Sir,
ITR for the AY 2020-21 has been processed without considering Form 10E. When grievance filed, the department has informed me through SMS that they will issue rectified order u/s 154 expeditiously. But, 41 days passed, no order.
Should I file rectification request on my own or I need to wait for suo moto rectification by the department. I shall be obliged for your valuable suggestions in this regard.
Sir,
One of my friend is running a Proprietary business and he has purchased a commercial vehicle for
his business, through a private financial institution. He is paying regular EMI.
The turnover of his business has crossed Rs. One crore in the last Financial Year ( 2019 - 20 )
Now, should he deduct the TDS from the financial institution for the interest part on the EMI paid
by him for the vehicle loan ?
If so, what about the previous payments of the EMI, for which, TDS has not been deducted.
Pls. advice.
With Regards.
While filing MGT-7 list of shareholders are not attached and in the return column for No option is ticked. Now how reasons are to be indicated in the return separately?
The above return was for subsequent year and not for year of incorporation
I HAVE SOLD A PLOT IN JUNE 2017 HAVE CAPITAL GAIN THAT DEPOSITED WITH BANK OF INDIA IN CAPITAL DEPOSIT ACCOUNT. CAN I PURCHASEN IN JANUARY A FLOOR IN NEW BUILDING AND GET TAX EXEMPTION IN MY ITR 21-22. IS THERE ANY OPTION OTHERWISE TO EXEMPTION CAN U SUGGEST ANY EXPERT IN THIS FIELD IN DELHI HOPE EARLY REPLY
Read more at: https://www.caclubindia.com/experts/investment-of-long-term-capital-gain-on-sale-of-land-2829834.asp
I have cleared Group1 IPCC (CPT route) Completed years of Articleship. Where to apply for ATC certificate?
Thanks
What is the procedure for provisional regeneration for an distance education student and exams are in years basis soo kindly help me in according to that .
Seven nine zero four three seven six zero eight seven.
You can contact me on the given above no.
I have filled the ITR by CA. By mistaken she has put the father's firstname in between my firstname and lastname in ITR, but in my PANCARD my father name is not there. So will i face any problem in future or should i correct it and how will i do that for assessment year 2020-2021?
Sir,
I.t.assess lic policy sum assured value rs:695000/- . single premium paid Rs:501804/- on Dt:12-08-2013 .
Dt:12-08-2016 lic interest amount received Rs:104250/-
Dt:12-08-2019 lic interest amount received Rs:104250/-
Dt:12-08-22 lic interest amount Rs:104250+Rs:501804 received from lic of India.
F.y.19-20 lic amount rs:104250/- Tds deducted 1%Rs:1042/- bet balance rs:103208 /- amount credited bank account show as per 26as sec 194da in I.t. act.
Question:
Assess lic above received different dates amounts taxable or exempted show in I.t. returns.
Hello Team,
My Self Ashwin Kumar Gl and i am one of the directors in a pvt ltd company and i have 2 more directors and both of have invested less then me and they want to have equal partnership and equal profit sharing ratio hence i wanted to know if a directors of a pvt ltd company have equal profit sharing ratio or is only that we can take remuneration out of company or even the profits of the company if its profit is based on the investment made to the company. also as all the directors of the company as equal rights on the company and its management
A best suitable answer would be good as i am facing issues in the company.
Thank you.
Regards
Ashwin Kumar Gl
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