I HAVE MAINTAINED 5 COMPANIES IN TALLY, BOTH COMPANIES WILL COLLABRATIONS WITH PAYMENTS, IF 1st COMPANY WAS NOT HAVING FUND TO TRANSFER THE AMOUNT TO SOMEONE, I WILL TRANSFER IT FROM 2ND COMPANY INSTEAD OF 1ST ONE. NOW IN TALLY HOW TO PUT ENTRIES IN 1ST COMPANY

Hello,

Can i avail both Rent HRA and Housing loan interest + principal from salary.
If yes, what conditions should i fulfil.

A Partnership firm set up in the year 2019 did not opt for 44AD from FY 19-20 to FY 22-23. For FY 22-23 turnover is more than 2cr and maintained books of accounts till FY 22-23. Can it opt for section 44 AD in FY 23-24 (AY 24-25) if its turnover is less than 3 crores?

Dear Sir/Madam,

We are an educational institution engaging foreign faculty (NR) to teach few subjects as free lancers.
1. Is TDS applicable on remuneration paid to them? Under which section and what is the percentage of tds If applicable? (They will not stay more than 90 days in india to teach those subjects)
2. What are the required documents we have to take from them (whether exempted or taxable).

Could you please brief in this regard.

Resolved and deleted.

Sir,
It assessess foreign currency trading transaction rs.50lacs OLYMP Trade cash deposit and withdraw used for credit card.all trading transaction reflected in ais/tis loss income trading transactions.
Doubt=
Assessess loss trading transaction itr filed mandatory.

If the assessed has treated debit note as sale and already made payment in GSTR 3B and the purchaser has note claimed credit for such then can we submit declaration from purchaser in the department in their letterhead ? and by doing so case can be dropped by department ?

I am registered as a proprietorship firm with ICAI. While drafting audit report, which word I should use is "I" or "We".

Further, it will be more helpful if any reference of ICAI material is provided.

A charitable trust created a fund for giving medical aid to people. The members and general public gave money for this fund. Trust kept this money in a separate account. Can this money be treated as corpus fund

Dear Sir,
Charitable Trust having donation income (15,00,000) & also having Fixed Deposit interest(RS55,000) income. but I want to know whether FD interest is taxable and if it is taxable what is the tax rate applicable under new section 115 bbi & under existing one also.

Thanks in Advance,