As per I.T Act 1961, Employee's contribution to URPF is not taxable at the time of receipt of Accumulated balance in URPF account on retirement because deduction u/s 80C is not available for such contribution.
Would Employee's contribution to RPF for which deduction u/s 80C has been claimed, be taxed, if Accumulated balance in RPF account becomes taxable on retirement?
Note :-
I am assuming that Balance in RPF account becomes taxable due to conditions of exemption under Section 10(12) not being satisfied.

As Per Notification No.35 /2020/ F. No. 370142/23/2020 – TPL dated 24th June 2020 issued by Govt of India, the due date for filing of TDS Return for Quarter 1, F.Y. 2020-21, has been extended to 31.03.2021.

I am not clear Whether there is any extension for due date of filing of TDS Return for Quarter 2 F.Y. 2020-21 also?

If there is any such extension for Quarter 2, F.Y.2020-21, Please provide the Notification.

Dear Sir/Madam,

Request to let me know how to calculate one day salary in an employee of an private limited company. Is it taken as gross salary divided by the number of days in a month or 30 days irrespective of any month.
kindly state the same which is also followed in the labour act too.

Regards
Mohith

Sir
I want to get a software made for my company to sell goods online through an app.

The app developer is asking me to pay GST @ 18%, and other applicable taxes.

What the app developer which is a company says that if the cost of developing the app is 500000 then I pay him Rs 500000 without deducting any TDS.

I have not agreed on this. Is the app developer asking my company to pay GST and other taxes right.

Is it legal to pay the app developer an amount without deducting TDS including GST?

Plz advice.

Regards

R Singla
Agra

Sir,
I am work in pvt company and start small business during last year. my turn over is below Rs 2000 only.
Which ITR is suitable for me for salary and business . can I file Return u/s44AD
Please advise

My turnover is less than 5 crore and having tax liability

My GSTR-3B IS PENDING FOR THE MONTHS OF

May'20
Jun'20
July'20

How much late fee is charge if I file return on 5/9/2020

Please reply on an urgent

Respected Sir,
I have missed uploading the B2C sales on GSTR-1 for the period of JANU-20 TO MARCH-20 (Q.4)-2019-20.
I have also paid the tax B2C sales on GSTR-3B.
Now Can I upload B2C sales previous year to next year in GSTR-1 for the period of APRIL-20 to JUNE-20 (Q.1)-2020-2021?
Or not
What can I do?
Thanking you.

Hello,

under the company of industrial oil we have import material against which we paid freight charges, now i have a seperate invoice of Logistic Company wherein ,

Air Freight Charges Rs. 40,000 Ex works Rs. 15,000 and Destination Cost Rs. 6173.73

what is the treatement of TDS and How ?

a state government employee who has completed more than 10 years of service and left 10 years of his retirement, withdraw GPF form his account for the purpose of a daughter's marriage.
Is he liable to pay tax under Income Tax? If yes in which section tax implement? If no exemption in which section?
please elaborate

I had planned to purchase a new residential flat against the sale of my old residential flat,using the benefit of Section 54,viz,

“ Any long term capital gain from the sale of a residential property shall be exempt if such capital gain is invested in the PURCHASE of another residential property WITHIN ONE YEAR BEFORE or 2years after the transfer of the property sold”

My Case:

- New Flat : UDS Registration on18/04/2019
- For availing Sec54 benefit,I decided to sell and transfer my old flat (bought in 2006) before 17/04/2020. I had finalised the buyer in the first week of March 20,for registration on 15/04/2020.
- However,due to Covid 19 Lockdown, I could not carry out my registration in April 20.
-Now I am planning to register before 15 September 20.

My query:

- As Ministry of Finance,GOI,has issued a Notification on 24th June,2020, extending time limit to 30th September 2020,in respect of investment in capital gains under Sections 54 to 54GB, CAN I CLAIM THE BENEFIT UNDER SECTION 54 IN MY CASE?