Mr A's Return has been defective for not verifying return within 30 days. Whether there is any option of withdraw the same return and file new return ?
or any other procedure to make such return valid ?
Dear Experts,
1 A company is remitting the payment to the private insurance company towards the policy premium for its vehicles.
2 Pls explain the TDS implications on this payment?
I had invested X amount in MLD in August 22, the maturity of the same was November 23. Total Period of holding 15 Months approx. Now on maturity the proceeds are credited to my bank account.
I want to know, how the gain will be taxed. Will it be taxed @ 10% as the same is purchased before 31st March 23. or at some other rate.
Dear Sirs - please let me know - (1) Is TDS is deductible on interest part , if loan is taken from financial institutions and paid on EMI basis for car, term loan for machinery.... (2) Similarly Is TDS is deductible on interest part , if loan is taken from *Government / Private Banks* and paid on EMI basis for car, term loan for machinery... Kind Regards
What is accounting group of income tax paid on demand or GST.
Answer nowDear Sir / Madam,
Kindly advise on depreciation rate on Soun box machine connected with QR code.
Can we treated it as Computer and apply 40% Rate?
An Individual having Income form all heads of income other than from Business and Profession does he require to file Balance Sheet and Profit and Loss account. for all the investments and incomes
Please guide us U/s 194I
We have taken a property on rent @ 22000/- pm make two agreement of 11000 each in the name of Husband and wife but they are not joint owner of the said property. Is TDS applicable u/s 194J
At the time of submission of income tax return there is an error due to which i am unable to submit return and e-verify it. Belowe is the error discreption for that i already fill the details.
You are liable to tax audit u/s 44AB and your accounts have been audited by accountant, but you have not provided information relating to auditor and audit report. Kindly furnish the information relating to auditor and audit report, since you are liable to audit u/s 44AB and accounts have been audited.
1. Educational society is having income of Tuition fee as well as rental income and total receipts are less than 5 crores. Can it file u/s 10(23C)(iiiad)
2. Donations / Contributions received without issue of
receipt. Whether Form 10BD is required to be submitted.
3. Does form 10BD is applicable in the case of society which does not have exemption u/s 80G
4. Whether anybody filed hitherto form 10B successfully.
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Regarding Defective return for not verifying return within 30 days