STCG & STCL

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Tax audit versus income tax return filing what is the difference of this two then what is the benefit of tax audit presumptive method?? could you please explain me

Show Ist 10000 in I Qtr and 2nd 10000 in II Qtr only

Itr does not demand revealing profit and loss reporting in each quarter.

Ok Thank you so much

Welcome....

We provide expenses to our sales employee monthly as reimbursement apart from salary
1. Travelling expenses (fixed rate for outstation ex- 2000 per visit & headquarters, ex- 200 per visit)
2. Telephone expenses (Rs.1000 p.m. fixed)
3. petrol expenses (Rs.3/- per k.m.)
4. other expenses (fixed)
They provide only hotel bill
My question is 194R will be effective or not
if yes on which amount

Provisions of section 194R not invoke in case of employee and employer relationship

But mam employer provide additional expenses to employees apart from salary more than 20000

Yes but but same is not a part of income it's only reimbursement