Easy Office
Easy Office


Pradeep Kumar
23 July 2021 at 14:46

TCS Return Date for Q1 FY 2021-22

TCS Return Date for Q1 FY 2021-22 has been extended or not?

Answer now

Kollipara Sundaraiah
22 July 2021 at 19:54

Salary pay to family member allowed

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.

Answer now

Raghav
22 July 2021 at 18:12

Presumptive Tax for professsionals

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

Answer now

Chandra Kala
22 July 2021 at 18:02

TDS for the financial years

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

Answer now

Meghna
21 July 2021 at 21:16

Co-applicant in Home loan

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.

Answer now

CA JAYESH RELKAR
21 July 2021 at 17:00

House property income tax

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?

Answer now

Kollipara Sundaraiah
21 July 2021 at 12:50

Sec 271 DA provision applicable

Sir,
It assess source of income below taxable limit(rs:2,50,000/)in f.y.20-21.if assess cash gift from parent rs:3 lacs through on cash mode received.
Question:
Assess sec 271DA penalty provision applicable in it act.

Answer now

Kollipara Sundaraiah
22 July 2021 at 09:28

Cash transactions allowed

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.

Answer now

Bhavana
20 July 2021 at 15:34

TDS u/s 194Q or IT Act

What should be the gross amount on which TDS u/s 194Q of IT Act should be deducted. If the bill value includes VAT, should TDS be done on amount including VAT or excluding VAT ?

Answer now

Vipul Acharya
19 July 2021 at 16:38

ITR Form Tution Fee

My wife earned Tution Income in FY -2020-21 about Rs. 2.7 Lacs, which ITR form will be applicable, apart from this she has no income

Can I show this in ITR-1, Income from Other Source

Answer now