Sanket

Can a Proprietorship firm doing Software Development business with 20+ employees file returns under section 44AD?
Turnover is less than 2 Cr.
Will it be considered a profession under 44ADA? or can it be considered 44AD as a business?
If 44AD, and if books of accounts are NOT maintained, then how will one answer in case of any query from department?


LAVINA CLETA D'SILVA
22 November 2021 at 16:00

NRI AS MEMBER OF SOCIETY/TRUST

CAN A NRI BECOME A MEMBER OF A SOCIETY WHICH HAS AGRICULTURAL LAND IN INDIA OR IS IT PROHIBITED AS PER FEMA REGULATIONS OR SOCIETY ACT ? DOES IT APPLY TO TRUST AS WELL?


Kowsalya
22 November 2021 at 15:36

Interest on NRE account

Is savings bank interest earned on NRE account is taxable? If such interest amount reflected in AIS, whether the same needs to be considered?


PARDEEP KAPIL

One of my client retired on 15-06-2018. He got leave encashment amounting to Rs.11,00,000. His basic salary + DA is Rs.3860.00 per day / Rs.1,17,417.00 per month. Please let me know his eligibility which is exempt from Taxable income. Kind Regards


TARIQUE RIZVI
22 November 2021 at 15:21

Ay 20-21 Year ending March 20

Respected Sir,

As per the income tax portal the ITR-6 filed for the Ay 20-21 is still lying under processing. ITR was verified as on 31-12-2020. How long it will take for processing ?

Please guide me and oblige.


KAVUNGA PARAMBIL SAREENA

A hospital appoints a contractor to provide all necessary medical services with respect to cardiology department . If the payment to such contractor is made at a percentage of fees collected from the heart patients treated therein; then under what section TDS need to be deducted (194J OR 194C) ?????????

Moreover , they are also paid 80% of pharmacy profit on IP Pharmacy sale to cardiology department.
Whether TDS need to be deducted on such payment or not ??????????

Kindly give a detailed solution....

Thanks in adavnce


laxmimittal
22 November 2021 at 12:30

ERROR-"INVALID JSON FILE"

From
Laxmi Mittal
Vapi

1. While filing Form 3CBCD, error is coming as "Invalid Json File" U/s 44AB since last one week
2. Has anyone is able to file the same. If it is pl. let us know the procedure for filing the same

Thanks!


Pankaj

Sir
A is government contractor. He received work order of Road Work from Government with 12 % GST.
After that he give sub contract to B . After that B give sub contract to C.

I have question, what will GST Rate is applicable to A , B & C ?
Please reply


Kollipara Sundaraiah
22 November 2021 at 10:45

Undisclosed property accounting treatment

Sir,
Assess example purchase of property last 4 years ago and assess not show in accounting books.
Question:
Assess undisclosed property in books after 4 years purchase date accepted in it act.


ARUN GUPTA
22 November 2021 at 00:31

Invoice issued but no delivery given

We have issued invoice in August 2021 but goods yet not delivered. Shall we upload the invoice in gstr1 returns without delivery of goods? Please clarify in details?






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