One of My Clients Earns Contract Income along with Commission income. He was deducted TDS under both the Sections of 194 H and 194 C. My query is which ITR should i file? whether ITR-4 or ITR-3?
If ITR-3 means, will it be filed only by Chartered Accountant or Tax consultant can file it?. Please Clarify.
Thanking You

In a Private limited company there are two directors. Understanding between these two directors is any amount withdrawn from the company will be divided between this two.
Query:
One director wants to buy a car for personal use but he his buying the car from company name so that company will get the tax benefit ( depreciation & Interest on loan)
Total cost of car with registration is 46,00,000/-
Interest on car loan is 5,00,000/-
Total Cost is 51,00,000/-

Mode of payment is Rs. 15,00,000 down payment
Buy of personal car is Rs. 3,00,000/-
balance of Rs.loan amount 33,00,000/-

Query 1 how much amount will the other partner withdraw from company.

query 2 The total outflow is Rs. 48,00,000/- is that amount will be withdraw by other partner or the Total cost - tax benefits which the company will get that amount (example total cost is 50 - tax benefits 10 = Rs.40 )

Sir, I am trying to update IEC code details from dgft portal of my client which is partnership firm. the partners name as per Aadhaar and PAN have slight variation. In such case, changing the name in either of the document is only option left for proceeding with updation of IEC code. Kindly suggest me.

If a person has income lower than basic exemption limit and received term deposit after dedecuting tds but at the time of investment he didn't furnished pan and also at the time of maturity no pan was furnished can he claim tds after one year of maturity

Respected experts,

I am a CA final old course student.
If I want to convert from old syllabus to new syllabus then......

will ICAI send study materials free of cost for both groups ?

Or we have to purchase it?

Can anyone plz provide the filled copy of Form 3 with attachement?

Thanx

Sir,
A private hospital maintained person pharmacy store regular scheme registered in gst act.
Sales of medicines two types of transactions
1.sales to inpatients
2.sales to out patients
Query:
Dealer purchase of medicine input credit claim on sale to inpatient or sales to outpatients or both types of outward supplies applicable every month show procedure in gstr3b return filed.

Dear SIr,

Greetings of the day,

From where can i get the shipping bills of commercial exports of the last one year. As i heard if we create an icegate account there i can download all the shipping bills. Is this information true. Most of them they say that we receive it in our registered email id , but we dint receive any. Kindly guide me . We have ecommerce business in ebay and exports are done through fedex and dhl and other courier companies.

Regards
Renuka

CAN A PERSON IS DIRECTOR IN HOLDING CO. IS IT ALLOWED SAME PERSON DIRECTOR IN HIS TWO ASSOCIATES CO.
MR X AND MR. Y DIRECTOR IN ABC PVT LTD.

MR. X AND MR. Y DIRECTOR IN XYZ PVT LTD. ASSOCIATES CO. OF ABC PVT LTD
AGAIN MR. X AND MR. Y DIRECTOR IN WXY PVT LTD. ASSOCIATES CO. OF ABC PVT LTD

IS IT ALLOWED, OR ANY PROBLEM AS PER IT OR AS PER CO. LAW

Suppose ABC & Co is partnership firm which have turnover of 50 lacs in FY 2020-21. Firm want to opt presumptive taxation u/s 44AD. Suppose firm declare 8% of turnover as profit i.e. 400000. Now in this case how we calculate partners remuneration u/s 40(b).