Sir,
One of the individual status business person salary pay to employee (son)rs:10,000/- amount p.m.
Question:
Assess salary pay to son amount business expenses claim allowed in it act.

hi

my relative is an engineer and he has salary income of 30 lakhs Rs and professional receipts of 30 lakhs also

can he take benefit of presumptive tax of 44ad or the limit of 50 lakhs is applicable on total of salary plus professional income i.e. 60 lakhs Rs here and hence presumptive tax benefit cant be taken

Ours is a government school. we giving rent as per accrual bases( i.e.3 months once). but we are filling tds returns for rent as per cash bases. But owner asking us tds should be reflected as per accrual bases. how to submit tds returns as per accual bases. Kindly suggest us

During F Y 20-21 one partner retired and one was admitted as on 30.06.20
Provisional accounts need to be prepared as on 31.03.21
My question is in provisional accounts as on 31.03.21 how will the treatment of share of profit to old, newly admitted and retired partner be shown ?

An existing proprietor company is getting converted to partnership firm. The name of the firm is to be maintained the same. will new gst number for partnership firm be given for the same firm name and the same address. The proprietor company gst will be surrendered later after 2-3 months overlap.

If Father purchase Property and he is the owner of property and Daughter is only Co-applicant for Home loan then what would be tax treatment in hands of daughter when property gets sold in future . is daughter gets tax benefit for repayment of loan and interest component .

Or Father can get benefit u/s sec 54 (Old property sold )for in case Property is in name of Daughter.

Case : If Mr.x has 5 house property. out of which 4 are let out and 1 is self occupied. he gets rent for 4 house property.

Query : Now can he claim 2 house property as self occupied on notional basis for AY 2021-22?

Sir,
Sec 44ad it returns filed jewellery business and pawn brokeing business person money (loan)paid to customer rs:1 lacs through on cash mode.
Question:
1.money pay to customer rs:1 lacs cash mode allowed and cash transactions limit in it act.

Hello,
I want to know how to prepare invoice for e-commerce export sales.

Should I prepare export invoice in USD or INR and send with the dhl parcel? Buyers pay me in USD via PayPal, Paypal deposits in INR in my account.

Thank you for your advice and time.

Regards

We have to sell some goods to our sister concern which is in excess of Rs. 50000.00
Both the firms are registered with the same address. Since there is no actual movement of goods and not transportation is involved, in this case do we have to generate e way bill for the same. If yes then how will we deal with filling the transporters detail.
Pls guide on the same. Thanks in advance.