We have paid commission to persons more than 10000 per person in FY 2014-15 and TDS not deducted, AO has disallowed 30% of commission expense due to no compliance of TDS. But we have paid commission via proper banking transfers, so can we get some benefit in CIT(Appeals)
Answer now
LIC PAYMNET IN WHICH CATEGORY IN BALANCE SHEET OF ITR IS SHOWN...
AND KISAN VIKAS PATRA INVEST IN WHICH SHOW
IS I CAN GET DEDUCTION FOR KISAN NIKAS PATRA
Dear ALL,
Please help
1. If there is dividend income in year then what exp a company has to show on investment so that exempt income not to be club.
2. If there is no Exempt Income still Section 14A & RULE 8D will apply ? still dis allowance will be made ?
TIA.
I have taken a home loan which were user for construction of my new house, now as building is still under progress how do i show while preparing my P/L a/c and Balance Sheet for ITR Filing
Answer now
Sir,
The assesse died in yr 2013 , but mistakenly the incometax returns for the assesse were filed in his name for the next 2 yrs. So, now how can the return be filed as still interest income arises on the name of the deceased assesse and even aadhar number are now required to be updated while filing return.
Kindly provide the solution for the same.
Thank You.
A client has TDS for the AY 2015-16.Can a return can be filed now(11.01.2018) for AY 2015-16?
Answer now
Dear Sir,
Is TDS applicable for leaflets, display boards, No parking number plate, printing of office stationery.
No material provided by us to vendor.
Regards,
Jatin
SIR,
WHETHER TAILORING WORKS (BUSINESS) CAN APPLY 44AD @20% ON TURN OVER AND DESCRIPTION IN WHICH CODE
Partnership firm having Turnover 20L, maintaining books of accounts u.s 44AA, profit before remuneration 2L(10%), not opting for 44AD, paid remuneration 1.5L. Taxable income 0.5L. is this correct?
Answer now
If I am a company and make tds payment on behalf of non-company then when making payment in
ITNS 281 do I select my category section 20 or the category of the party whose tds is deducted i.e
section 21 (non-company)?
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
Tds on commission