Sir,
Kindly reply. I deposited ten lakh during demonetization. I am doing business of selling local made shoes. My turn over are Rs 18.50,000/ . My question is can I file return without Tax in this case?
Benju
IT IS AN AUDIT CASE. TDS DEDUCTED UNDER SECTION 194C BUT CORRESPONDING INCOME WAS NOT SHOWN IN THE PROFIT AND LOSS ACCOUNT. HOW TO RECTIFY THE RETURN. DO I NEED TO RECTIFY THE REPORT ALSO???
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Sir,
Following error occurs while filling rectification u/s 139.
"The gross total income should not vary with processed income tax return."
Please provide the solution for above problem so we can filed rectification.
Thank You in Advance.
I.t. assess sale of paddy to rice Miller. Cash received rs.270000/ from rice Miller.
Sec 269st applicable.
Hello Expert,
As government in Interim Budget 2019, increased limit u/s 87A from 2,500/- to 12,500/-
Whether one have to file TDS return and issue Form 16 to their employee if Total Income of employee is less than 5,00,000/- for FY 2019-20.
1.Challan no.281 tds paid for asst.year 2019.2020.but asst.year 2018.2019 wrong paid
Modify tds challan producure
2.Sec 87a rebate financial year 2018.2019 2500 is correct .
tds applicable on AMC but not on insurance premium why? kindly ref sec please.
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Respected Members,
I have income from jewelry business where no proper book of accounts is maintained. Beside this, I have a income from interest against fixed deposit. Which ITR should I file.
Thanks in advance
Swarna Kamal Chandra
I will get a payment of about 10 to 15 lac in my bank account from a foreign country. Do I need to give it a special effect while filing my income tax return.
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if Entire amount is given as refundable security deposit under lease agreement
and no lease rental is involved in the internvening years
How Income of the lessor will be determined for income tax perspective.
please clarify me
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U/s. 147