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.
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.
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.
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
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?
Which teacher is Best for CA Inter Subjects? Actually after a long time I have no updates for the good Teachers.
Dear Sir/ Madam,
Is RCM applicable on Ocean Freight in case of Goods Imported as on today ?
Thanks & Regards,
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
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.
wrong address is coming in my 26AS. what is the procedure to update address ?
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
TAXABILITY GRATUITY RECEIVED POST 2 YRS OF SERVICE WITH CURRENT EMPLOYER AT THE TIME OF RESIGNATION