What is the exemption limit as per Section 10(15) for Interest from Post Office Savings Bank Account?
And also can I claim a deduction of U/S 80TTA for that same if I still have some balance left after deducting the income using section 10(15)?
I would like to know how the perquisite viz; Housing Vehicle should be treated by the consultant who is the recipient, in as much as by the Client the paymaster. Ramifications of GST too preferably, as to whether the contract of the consultant falls under Circular 172 of GST.
Thanks
Can you please tell me saaool heart center pls chk on google its a naturopathy center for heart blockages not compulsion franchaisee taker should be by medical profession.is eligible for gst or not??
Iam running a beauty parlour and all the transactions are entered in Tally. I am recording all the stocks purchased ie.. creams, lotions, moisturiser, etc.. in purchase voucher. But if when i use eg.. a tube of moisturiser then how should i record this entry. its not a sale, but its simply used for facialing of a customer.. pls tell me the transaction entry..
I have filed TDS return through RPU Software. When I click validate a file created as fvu.uenc. To complete the return filing what is the further step I need to do. Please help.
One of our client having GST registration no., purchase goods from Unregistered suppliers and want to sale the same materials without GST to unregistered buyers. Is it possible ?
Dear Sir,
We are consisting of five brothers made joint agreement with the developer for developing our 200 years ANCESTRAL PROPERTY and accordingly the developer agreed to pay lump sum amount in 3 instalment and the developer already paid adhoc payment on a equal ratio i.e. 5 lac each of the co-sharer and accordingly they are invested such amount in PM Barista yojana plan in Bank, remaining 2 instalment are yet to pay and the developer also agreed after completion of the project 5 flats also be distributed among them.
Now our query is whether capital gain will raise in near future for receiving adhoc payment and flat from developer? and if yes ,what is the procedure to calculate of Capital gain if occurs or to get rid of capital gain on development of ancestral property .Please reply
Thanks
Buddha deb Das
Read more at: https://www.caclubindia.com/experts/ask_query.asp property measuring 6
Hi, ITR was filled by clicking pay later and post submission immediately paid challan.. Received demand notice to pay tax. Mistakenly selected demand is correct and attached challan of tax paid. Now it is showing to pay tax along with interest. Raised grievance, they asked to file revised return if challan is reflecting in 26AS. tried to revise the return but even in return due to system error it is showing interest payable post paying complete tax within due dates. Please suggest
Sir,
During the financial year 2021-22, I have paid Rs. 250000 as professional tax to the panchayath by cash as they were not accepting payments other than cash mode. Whether this expense was allowable under the provisions of income tax act. Whether this payment covers under provisions of Rule 6DD. Please clarify sir?
Dear Sir/Madame:
1. Is it Compulsory to Register a Partnership firm with Registrar of Firms(ROF)?
2. GSTN is asking for a receipt or a certificate of Regn. from ROF citing issues of legality in case of GST tax demand; Is this correct?
3. Firm not regd. with ROF. What would be the penalty if registered nw (per day/ month/ year)?
Kindly Advise. Help Appreciated.
Sec 10(15)