Dear Sir,
In fy 2018-19 turnover was 1.5 crore and asseessee had audit . and in fy 2019-20 turnover is only 20 lacs.
Whether assessee can opt 44AD in fy 2019-20 ?

Dear Experts, while non audit ITR's for AY 20-21, today i.e., after due date of 10/1/21, its asking 10,000 as 234F late fee, but in the act, it is no where mentioned that, as when Due date is completed, we need to pay 10,000.... 1st, if it below 5lacs, 1000, above lacs upto dec 5000, den 10000, can you pls clarify me immediately regarding this?
Regards,
CA Satish

If parents cash deposit Rs:10 lacs money Assess savings bank account.
Question:
Assess this amount how to show producer in I.t. returns.

My honourable persons,could you plse tell me about the full knowledge of final accounts how to prepare and how to understand that...plse tell to me how to read and view the final accounts with examples plse ...

WHICH WEIGHT OF LORRY SHOULD CONSIDER LADEN OR UNLADEN? ANY CIRCULAR

Respected Sir,
We have closed our partnership firm. Whether we will have to inform the department of income tax also that the partnership firm has been closed ? Please let me know the online procedure for doing the needful to be done for income tax department.

Dear Sir/Madam,

I joined my current organization (Software/IT), which is in Bangalore, remotely from my hometown, which is Delhi, during lockdown/Covid-19 (July-2020). I am still working remotely from my hometown (Delhi) and my employer is absolutely fine with it.

Recently, during the annual investment proof declaration exercise, I claimed HRA for the rent paid in my hometown (Delhi) but my employer's (Bangalore) Finance team rejected the claim stating that as per IT/Govt. rules and regulations, I am not allowed to claim HRA for rent paid in a city different than the work location even during Covid-19.

I am totally unsure as to what to do and what is the actual guideline from the authorities.

Kindly advise.

Thank you!

Dear Experts,
I would like to know the penalty of TAR filing after the due date(15.01.2021)

Dear honourable persons i have doubts regarding about the debit and credit,plse guide me

golden rules of accounting
1.personel account ( persons,company or firm and individuals)-----debit the receiver and credit the giver.
2.real account(assets )----debit what comes in and credit what goes out
3.nominal account (losses and profits)----debit all expenses and lossess and credit all incomes and gains.
iam i correct


* BUT THE DEBIT AND CREDIT ARE THE DEPENDS ABOUT THE NATURE OF ACCOUNTS.

one general doubt ,if i paid a amount to my creditors means the amount will which side it will show debit side or credit side in sundry creditors ledger account.. then if i want to payable means which side it will show.

could you plse guide me ,i have a detailed explanation of this thing with examples please

Hi Sir/Madam,

Please let me know how much we deduct on sac code 998313 2% or 10% currently we deducted @2% is we are correct.