Tax Audit Report has been uploaded today on income tax portal
However there are some changes and it needs to be revised
My question is if revised tax audit report is not filed today whether penalty u/s 271B would be applicable.
Dear Expert,
Request you to please advise on below :
Company is paying certain amount as voucher to employees as rewards and recognition.
I would like to know the taxability of rewards and recognition. like long term service awards, performance awards (please provide some case study / reference).
In addition to that It would be helpful if you can also put some insight on Elective vehicle fuel reimbursement taxability. What proof's we have to collect from employee to provide the tax exemptions.
1) Car owned by employer
2) Car owned by employee.
Thank you,
Gorksh Pawar
whether zero rated supply are applicable on sale and service provide to
Export, SEZ,
Dear sir,
one of my client's income is from rental form building.
in relation for maintenance and expansion in incurred exp. for exp purchase of steel, cement, paint etc for this purpose . GST Invoice received against this purchase and same figure is reflated 2B And automatic 3b also.
can we take that input
please advise
with regards
Binu
Dear Sir,
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Please revert.
For Pvt ltd company , what is turnover limit of tax audit mandatory 5cr. Or 10 cr. For A.y. 2021.22??
Sir,
A Doctor maintained two hospitals two different places in individual status.but 2nd hospital conversation partner ship firm create another two new partners(doctors) introduced accepted in it act
Question:
A Doctor two hospitals maintained own or 2nd hospital create partner ship firm benefit.
list of accounts to be submitted by builder to society.
Also are original bills for purchases made for society to be society ?
Are the challans for statutory payments made to be handed over to society?
Sir,
It assessee (doctor) purchase of site value rs:30 lacs and new construction started hospital building purpose.
Question:
1.loan repayment interest amount business expenses treatment or hospital construction account transfer correct procedure
2.hospital land and hospital construction
expenses account including two seperated accounts or single account maintained.
3.example selling of hospital capital gains applicable on (hospital land and hospital construction both calculated )
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
EXEMPTION CLAIMED U/S 10(23C)(iiiad)