if any agenda not been passed in AGM on the basis of vote, then what has to done by a CS and what wud be the consequences
I am a steel trader. My party is doing his construction project in 3 different places. How to issue invoice and e-way bill to the Party?
Kindly guide me
urgent plz
A retail rice goods business i t assess purchases of site value rs:22 lacs.but cash balance in books available rs:15 lacs as on site purchases date.
Question:
Assess difference amount rs:7 lacs how to adjustment produce in books.
1.cash sales increase or
2.cash loan received from difference persons (19,000/- *30 members) or
3.cash gift received from realities.
Above three options correct methods cash adjustment safe and allowed in i.t.act.
Hi,
Please let me know if gratuity,leave encashment on termination, severance pay is taxable for the FY 2019-2020.
Employer has taxed and deducted TDS.
I have income under the head salary, short term capital loss and intraday profit. In audit information in part A general of itr 3, should I select yes or no in "whether assessee is declaring income only under section 44AE/44B/44BB/44AD/44ADA/44BBA/44BBB?
Hello,
Due to pandemic I had to move from my work location to native but I didn't vacate my place at work location. I paid rent at my work location, also I paid rent even at native to my parents. At home I didn't pay rent as such but I had spent equivalent amount of rent towards the home expense. Am I eligible to claim HRA for native too in such case ? Kindly note I don't have any transaction proofs nor rental agreement to show rent proof other than rent receipt. Kindly advise.
I am salaried individual and get HRA under section 10(13a) from employer [30k per annum]
Actual rent paid is 120k per annum. As you would have guessed, due to higher basic salary am getting low HRA exemption.
I wish to claim 60k in section 80GG in addition to section 10(13A). total claim 90k [ 30k section 10(13A) and 60k section 80 GG)
Below are my queries:
1. Is it allowed to claim both section 10(13A) and section 80GG in ITR filing ? I could see the online submission tool allow me to fill values both section 80GG eventhough section 10(13A) was auto populated.
2. Will IT Dept send notice later when actual ITR processing start ? Ideally this should be integrated in ITR filing stage to avoid such things.
Thanks in advance
A business assess purchases of site value Rs:22 lacs as on date:20-12-2020.but cash balance Rs:15 lacs as on date:20-12-2020 in books.
Question:
Assess Rs:7 lacs difference amount adjustment options mentioned below.
1.cash loan from Rs:20,000/- *35 members received allowed it act.
2.cash advance from 1 lacs *7 members different customers.
Above options cash received correct methods
Sir I have start small business during 2019-20 and its turn over is Just below Rs 2000. I try to submit return through ITR 4 Under 44 AD. But is shows 30 % tax instead of 8 % presumptive while entering gross turn over . my business is a partnership firm . I use "Firm" in status bar. Please advise the same with
regards Binu
Dear expert,
my client deposited in scss deposit of Rs 10,00,000 in 1.12.18. He claimed 80c deduction for 150000 in AY 19-20. can he claim further deduction of Rs 150000 in AY 20-21 under 80c.
awaiting for your early reply
regards,
aishwarya
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AGM agenda