I have paid Rs.390000/- as salary to A for the FY 2019-20? Mr A has no investment
My questions is
(1) should it require to deduct the TDS
(2) should I require to file TDS return

I have a query for filing returns.
My wife is on sabbatical leave/maternity unpaid leave. For financial year 19-20, she ws paid for 2 months.

So she has income from interest from deposits and 2 months salary.

Can we claim standard deduction of 50K while filing returns.

Sir,
Despite confirmed correct Bank details profile and PAN, Refunds sent by SBI/CPC via NECS to NRO SB a/c, it kept on being rejected numerous times by the Bank reason given as "OTHERS".

The bank can't give any explanation what "OTHERS" mean .

Has any of out experts encounter similar issue. if Yes, how did it get resolved . 3 FY refunds are not being deposited via NECS. Every time have to apply for reissue of refund same thing is the outcome (rejected Reason "OTHERS").

Assess cash loan received rs.19,000/- + rs.2000/- interest total 21,000/- cash loan re payment allowed in I.t. act.

SIR
I want to become a steel trader for which i have planned to register under GST. I just buy the product from the manufacturer and sell it to my party.

Can I use my rental home as office address?

Because, I am not going to stock any thing under my place. Office is to be used only for billing, maintaining records and filing returns.

suggest me please
thanks in adv

I have sold property in which my share is 40%. So while filling ITR-2, whether property value as per stamp authority is to be taken at 40% of total value?. In every column of purchase price, property value as per stamp/jantry is to be taken at 40% of total value?

Dear All,

We have received a notice for short deduction of 94J Technical Fees for 10% and 7.5%, whereas w.e.f. from 01-04-2020 94J Technical fees is 2% and w.e.f. 14-05-2020 is 1.5%.

We have deducted Tds for 94J Technical services at 2% and 1.5% and paid the amount.
Now the dept has sent the notice stating that it is for 94J @ 10 % 7.5%.
How could i solve this issue with the department.

Thanks & Regards
Santosh

RESPECTED SIR,
HOW TO CHECK THE BALANCES OF ELECTRONIC CREDIT LEDGER AS ON DATE 31-03-2018, 31-03-2019 AND 31-03-2020. MY QUERY IS THAT HOW CAN I GOT A BALANCES OF PARTICULAR DATE OF ELECTRONIC CREDIT LEDGER.

An individual takes personal loan , also having proprietorship business under audit ,
the amount of loan taken in personal account is transferred to his prop business
1.Tds should be deducted on interest ?
2.can this be termed as business expense?

Sir or Madam

one of my client(Registered) is paying expenses like Commission, Professional payments so on to unregistered parties, are those RCM applicable ???. If RCM applicable, Could my client take ITC on RCM in same month ???
Please guide me
Thank you