QA. A Person who has having Income From Presumptive Basis , But he owns one House only, Can he File ITR-4?

QB. Is ITR 4 Applicable to Individuals only? or it is Extended to HUF and Firms?

Sir / Madam,

My view is that tds in respect of services rendered by event management / catering service provider / Photographer is subject to TDS @10% as"Professional services" u/s.194J even though same has not been specified u/s.44AA.

As in aforesaid cases they are rendering professional services which implies contracts between contractor and contractee. so it would not fall u/s.194C. Mere relationship between contractor and contractee is not only matter to charge section 194C.

Pls. clarify the same.

Dear Sir/Mam,
What are the provisions relating to compulsory maintenance of "Tax Invoices in "physical form""? i. e. whether physical copy of maintenance of the same is required when the same is maintained in an accounting software & the copies of the Tax Invoices are issued to the customer. The invoice copy is not intended to be maintained.

So, kindly provide clarifications as to whether such relaxation is provided under the GST Act.

Thanking you in advance

Dear Experts,

We are going to make foreign remittance to Finland country to a individual for attending seminar (Professional Fees + Traveling Exp). That individual wants 4 Lacs in his hand . Whether any certificate required from Chartered Accountant . if Yes which certificate to be taken from CA . is tds applicable for such transaction at what %. Please reply .Thanks in advance .

Sir / Madam,

Pls. let me know about tds implication in case where consolidated bill is received for material and labour. And no seperation can be made. whether it is subject to tds in case where it exceeds thresold limit u/s194C. So tds will be applicable on entire amount of consolidated bill.

Jignesh Kapadia

The tax audit limit from 1 crore to five crores is effective from 1st April 2020 or retrospectively from April 2019 pls clarify thanks

Whetther GST is applicable on Lease Rental received for Land given to a Rice Mill on lease. is it exempt as the activity of rice mill is related to agriculture.
If land is given only for storage/ warehousing of agriculture produce to rice mill then what will be the treatment.
If exempt please give reference.

An assessee had received notice for scrutiny u/s 143(3) of IT Act for AY 2017-18. However, as the Principal Officer was not in town, the assessee inadvertently did not appear before the Assessing Officer and as a result Best Judgement assessment was made and Order was passed u/s 144 of IT Act. Can application for revision of Order be made before the Chief Commission u/s 264 of IT Act or any other section. What is the recourse available to the assessee now to get the case reopened ?

One party had preliminary exp in 2015-16 which was shown in Asset in balance sheet in that financial year and till now i.e. upto financial year 2018-19 that expenses were shown in asset side of balance sheet . If party wants to w/off in financial year 2019-20 then what is the treatment to w/off that preliminary expenses? Please explain the treatment in Accounts and provision as per income tax .

I HAVE PURCHASED FLAT AND MY AGREEMENT REGISTERED IN FEBRUARY 2019, AND MY HOUSING LOAN DISBURSED IN APRIL 2019. PLEASE HELP ME TO KNOW APPLICABLE GST RATE. MY AGREEMENT VALUE IS 21,00,000/- AND ARE IS 640 SQ. FT