EASYOFFICE


Pallavi

Good Morning Experts this is a query related to Gratuity.
I have 2 concerns. First is the term 5 years of service, does this mean 5 year of service with same employer? or can i take it as 3 years with 1st employer and remaining with the subsequent employer.?
Secondly, if I have received gratuity post 2 years of service, at the time of my resignation, can i take the benefit of section 10(10) of IT act1967.
Looking forward for your response.
Thankyou in advance.


Gopalakrishnan V
15 December 2021 at 18:04

GST - Rent receipt

A person has let out his property to another for storing agricultural products. Kindly clarify, whether this is letting out immovable property or for warehousing. Also clarify whether letting of immovable property for storing agri. products attract GST.


Kollipara Sundaraiah

Sir,
A doctor maintained a private nursing home some health services provided and different doctors working in hospital.
Example: fees collections from health services for different doctors rs:20 lacs after bill sanction amount nursing home bank account credited.
Question:
1.fees collections amount another doctors (consulting and treatment charges)payment through on cash mode allowed in it act.
2.food and pharmacy and travelling expenses amount of payment through on cash mode allowed in it act.


DIVYESH JAIN
15 December 2021 at 16:24

Changing section from 44AD to 44ADA

Dear Sir,

One of my client was filing return under Section 44ADA till FY 2019-20 but from FY 2020-21 she has boutique income which is eligible for section 44AD.

Can her return now be filed under Section 44AD or she needs to continue filing under 44ADA only since in 2020 return was filed as a professional.

Please suggest what can be done.

Regards,
Divyesh Jain


jamsheed

Assessee having HP Income and also does maintenance of said property for which separate amount is charged from Tenants. The expenditure on Maintenance is more than Income thus leading to overall loss which is being shown under head" Income from Other Sources" and the same is being set off against HP Income.
Assessee being senior Citizen received Interest on FDR of Rs.50000/-
Income from Other sources
Loss from Building Maintainence-300000
Interest on FDR-50000
Net Loss under the "Income from Other Sources-250000

Can He claim deduction against Interest on FDR u/s 80TTB after overall set off of rs.250000/- from HP income?


MOHAN VERMA
15 December 2021 at 16:17

CA Inter Coaching Classes

Which teacher is Best for CA Inter Subjects? Actually after a long time I have no updates for the good Teachers.


Rachana Gokhale
15 December 2021 at 14:35

RCM ON OCEAN FREIGHT IN CASE OF IMPORT

Dear Sir/ Madam,

Is RCM applicable on Ocean Freight in case of Goods Imported as on today ?

Thanks & Regards,


praveen
15 December 2021 at 14:02

Re : Short capital gain on stocks trading

Dear Expert,

A individual who is having salary income get the profit from stocks trading , short term capital gain.. his sales turnover (stocks) Rs.25,00,000.00 and purchase turnover(stocks) Rs.24,00,000.00 .. can he show this turnover and profit Rs.1,00,000.00 as professional income.

Kindly confirm


Jayanthi Creations
15 December 2021 at 13:49

APMC Yard HSN Code

Hello Sir,
We are Traders & Commission Agent at Agricultural Produce Market Committee (APMC) Yard Karnataka.

What will be HSN code for this type of business. There is no clear mentioned any were.

Please help me out that will be goo.


Sachin Kumar
15 December 2021 at 13:05

26AS Address Update

wrong address is coming in my 26AS. what is the procedure to update address ?