i have an tds worth 50000 by online rummy for ass.yr 2018-19.is it refundable.in rummy i have not getting any income and all are losses.could u pls suggest me

we are paying Interest on unsecured loans & salary to same person. while estimating monthly TDS deduction we have to consider the interest income or not.

Sir
It the turn over as per gst and as per incometax are different.
Then what was the case.
That means is there any problem

I am running a Proprietory Business. In column E-18 of ITR-4 (Sugam) of Fixed Assets, what types of fixed assets will be shown in this column? Can I show in my ITR-4, E-18 Column, my Saving Bank fixed deposits/post office Fixed deposit/ MIS of my name ? Can Fixed Deposit can be shown in other assets column E-24 ? Give me your expert advice.

Read more at: https://www.caclubindia.com/experts/column-e-18-of-itr-4-sugam-of-fixed-assets-2676404.asp

An LLP is engaged in the business of booking air travel tickets(like travel agency).Can it opt for Sec 44AD?
If so,Commission earned by that LLP can be shown u/s 44AD ?

Dear All,

As per Form 16 issued by employer to me there is difference of Rs.9532.00 in TDS with Form 26AS. Kindly advice should I claim TDS as per Form 16 or Form 26AS.

Regards

Shoeb

Can a partner make expenses for a firm through his credit card and then pay his c/card bill form firm's account?

Hello,
In year 2017-2018, I worked for a company for around 45 days (June-July) but left without taking any salary (they delay salaries). I did not serve notice period and in return asked to not credit any salary. The account also shows no credit. However, form 26AS shows some entries on their behalf which are like follows :
Txn Dt Status Dt o/Booking Remarks Amt Credited Tax Deducted TDS Deposited
20-Jul-2017 O 02-Dec-2017 70463.00 934.00 934.00
20-Jul-2017 F 02-Dec-2017 0.00 0.00 0.00
20-Jul-2017 O 02-Dec-2017 B -70463.00 -934.00 -934.00
20-Jul-2017 F 12-Jun-2018 70463.00 934.00 934.00
Plz make me understand what does O & F mean corresponding to 70k? What does the B remark mean? Should I include it in ITR inspite of the fact that I have gotten no such money. Why the amounts are in + & -?

can income tax return of individual after his death filed by legal heir without taking approval from income tax department

Dear Sir/ Madam,
My Client has received a LIP Maturity Amount from LIC. LIC has deducted TDS on the maturity amount. Please tell me whether Maturity amount received from LIC is Taxable or Taxfree. Please also tell me the reason for the answer. if It is Taxable then under which section & Which head, and if it is Taxfree then under which section.