Please let me know the procedure to surrender duplicate PAN through online and offline.
My father is under PSU sector. His annual Income is 36 Lakhs for PY 2024-25. He is having below perquisites:
Free Meal 48,955
Interest free loan 2,544
Income tax on monetary & non-monetary perquisites 17,619
Tax paid by employer on behalf of employee u/s 192(1A) 23,116.
Can he claim exemption on these above items u/s 10?
I was working in Non govt Ltd company . after 13 year of service I was resigned and received some Leave encasements. currently I am working with another Ltd company. is my leave enc is taxable under income tax or not?
Kindly suggest. is Gratuity also taxable in this case?
Good morning sir/s, one of my client claimed ITC on car purchase for May2025 by oversight, is it to pay by filing DRC03 or to reverse in next month i.e., June-2025,
however it is not utilized but c/f in credit ledger of respective month
Indian person who is employee of foreign company working remotely in India.
He gets salary through foreign remittance and also he gets some amount for business travel in India in advance. So my question is:-
1. Amount received for travelling expenses within India is taxable or not? If yes then where to show this.
2.Is form ITR-1 is suitable to show this income?
Hello Members,
Query is regarding transfer of tds deducted on PAN of deceased for income generated post death (interest income etc)
Is there a way to claim this TDS credit by legal hire post return file till date of death?
As only one ITR (till the date of death) is allowed for the deceased, what would be the treatment of TDS deducted on PAN of deceased?
Thanks
An Govt employee retired from services. On Retirement he receives certain amount in the form of Retirement Gratuity, Group Insurance Scheme, Leave Encashment on Retirement.
How to show this in ITR for the AY 2025-26
Hello sir,
what is the time Limit to generate the script from Shipping Bill Date or Scroll date as I have Shipping Bill in April 2024 and having scroll date June 2024 and trying to generate E script but it Has not allowing me to do that.
Please Advice
A public charitable trust is formed for the object as EDUCATION. If any year income applied is short of 85% and trust file Form 10 for setting aside / accumulating the short fall amount and mention in the form 10 that amount is accumulated towards education , amninistrative and establishment expenses, and building repair expenses i.e. total revenue expenditure to be incurred in the next financial year for the charitable object i.e. education expenses. Whether this can be considered as accumulation for the sum specific purpose only ??? By the ITO in assessment proceedings or he can reject the same claim on the ground that it is not for specific purpose???
Compound wall comes under which head of asset. And depreciation rateas per company's Act
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Procedure to surrender duplicate PAN