A partnership firm with a yearly.turnover of 7.00 lac has incurred a net loss of Rs. 10,000/- during FY 2018-19 before allowing interest/salary to partners. Whether the net loss can be declared U/SD.44AD or Tax audit is mandatory ?

i have received Marketing service from other company, they rise invoice to me, to which section is applicable on Marketing spend and how much rate is applicable

Purchased.. sale deed is pending for a house for 56L the owner has Australian citizenship but power of attorney is with his dad who is Indian and is doing all dealing with us. How much TDS he is supposed to pay and under what section

Dear Sir ,

Namaskar,

for execution of gift deed how much non judicial stamp paper is required in the state of Odisha .

ITDS of Rs.50,000/- was deducted by PWD deptt.against works done during FY 2018-19. The payment of work was made during FY 2019-20. The PWD deptt. deposited ITDS of Rs.50,000/-but treated the same as of FY 2019-20. What should I do now ? Whether I should claim ITDS during FY 2018-19 or else ?

How is the taxability on conversion of warrant into share done. Is there any case law that can be referred.

Dear Sir/Ma'am,

We have a advocate on contractual employee and paying monthly salary Rs. 40,000/-,
now my question is which section TDS will be applicable i.e. TDS on Contract - 94C = 1% or TDS on Professional 94J = 10%.??

Pandurang Jadhav
9527517182

Hello,
Will the rates of FD and RD change from time to time?

Can we pay income tax on KVP after maturity if investment or do we have to pay very year?Kisan Vikas Patra investment through post office scheme , the money invested doubles after about 9 years giving about 7.9 percent annual interest.No TDS is deducted , just payout is given and individual has to pay tax as per his tax slab.If the tax can be paid on maturity it will benefit the taxpayer because after 9 years tax slab may increase or person may be retired so instead of being in 30 percent tax slab , person may be in 10 percent slab.Do we have a choice to pay tax only on maturity or do we have to pay every year doing self calculation on tax amount amount of interest earned on basis of a KVP certificate we are holding but not really getting any money in bank.?Also if the KVP deposit is broken earlier before maturity then interest earned is different so how do we calculate interest amount on yearly basis when person is not sure if KVP deposit is going to be encashed only after maturity.

I and my wife have business of same nature on two different floors of same building ; have different electricity meters

Can we have common staff for both the business

Pl advice