The Animals for example dogs, horses Which Are Giving Services To The Police Departments, Army get salary for it...whether this salary is taxable ?? If Yes How it is Possible to File a return..?? Does it attract clubbing provisions...??...If it is not taxable then what is the reason for this...??
My Client is a Section 8 Company. Not having 12A registration. My query is regarding filing of Income tax return, which ITR Form is applicable to this company. Can i file return as normal business return, or I have to File ITR 7 only.
Thanking you in Advance
I want to ask Query related to both direct tax and Gst. I have a client who is doing third country trade of zinc, metal and lead.
Third country trade means purchasing goods from outside country and directly sell the goods from that outside country to another country.
I want to know direct tax and gst impact on this transaction
Can a person doing vehicle finance business lend above 20,000/- to its customer on basis of hire purchase agreement in cash?
Also many jwellery businessman lend above 20,000/- by taking jwellery from customers in their possession. Is it allowed?
Hi, I was working with a company which deducted and deposited TDS in FY 2009-10. I couldn't get form 16. Now the company is closed. I could trace the challan for deposit of TDS by the company. Now, since the TDS is not appearing in my account, department has served notice for payment of tax with interest. I have submitted the copy of challan along with proof that I was employee of thay company. However, the IT department is not responding to these submission and keeping the demand open. Please suggest how to resolve this.
I am a salaried employee. I have received notice from ITO for deposit of 20% of tax demand of Rs. 3.36 lac( Tax 1.21 lacs +Interest 2.14 lacs) pending appeal with CIT for matter pertaining to FY 2008-09.
Earlier this limit of deposit was 15% against which I paid lump sum amount of 25000 and prayed for relief which was allowed by ITO orally. Now, the new ITO is insisting to make payment at 20%. Can assessee seek relief from further deposit in the case and if yes, under which circular.
CA Rahul Kumar