How to verify form no.16 & 26as
one person who is doing job with company salary of Rs.50000/- per month but no entry is found in form no.16 and form no.26as.who filled ITR but ITR tax paid is Rs.zero.
How can i accept this ?
pls guide me.
Statement 26Q for 2nd quarter was correctly sent but we have received default - "short deduction ". I am not getting how this come and what should be done to clear this descrepancy.
Answer nowI missed due date for filling return for a.y. 2018-19 and my income is Rs. 350000 so, If i fill now i have to pay penalty . then whether i should pay penalty in the same challan, which i use to pay for self assessment tax or i have to pay Rs. 1000 in seperate challan
Answer nowIs it possible to revise tax audit report ?
Answer nowIf assesee is following Exclusive method for sales & Puchases
Examples :
net sales is 10 (shown in sales), Rs 2 (GST on sales) shown in duties & Taxes
net Purcahse is 9 (shown in purachses, GST credit on it of Rs 1.5 shown in Duties & Taxes
so net payable is 0.5 not paid till Tax Audit date
will Rs 0.5 disallow U/s 43B ??
A partnership firm incorporated during FY 2017-18 and having turnover of Rs.60,00,000/-
The net profit is Rs.-250,000/-
My Queries are:
1. Whether ITR 5 can be filed with loss without any audit or 44 AD?
2. Whether 44AD Audit is compulsory to declare the loss ?
3. If no audit is done, whether ITR can be filed u/s 44AD and declare the net loss ?
TIA.
If any Co likes not to calculate depreciation as per Co Act but likes to calculate depreciation as per Income tax act into balance sheet, is it acceptable or not ?
if Rs.125000/- paid as salary to director ,,
what should be amount of TDS?
Previously i was paying salary Rs.70000/- & deducting TDS of Rs.15000/-
can we give advance/loan in cash to party Rs. 150000/- in single transaction or during the year.
A PERSON DEALING IN TIMBER TRADING FROM LOCAL MARKET AND HE IS NOT PURCHASE ANY TYPE OF TIMBER FROM LEASE/FOREST DEPARTMENT IS THIS TRADING IS APPLICABLE FOR TCS UNDER SECTION 206 ASPER TCS ACT,1961
PLEASE CLEAR ME
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
Form no.16 & 26as