Is there any new ammendment regarding income tax on leave encashment on superannuation of bank employees. It is heard that some people who are retired after 1.4.2018 are getting refunds on leave encashed on supernnnuation. Earlier PSU emplyees were not considered as govt employees for this particular purpose. Is there any revision on the upper limit as per section 10 10 aa which was 300000/- earlier.

Hi there,

I receive a percentage of the total sales value as commission in addition to my monthly salary. I want to understand if this commision is taxable? and if yes, what are the tax slabs, if any?

deferred tax as on dt- 31.03.2020 Rs. 718.00
what entry in tally

SIR
We are GTA and also registered under GST.
As it is transport service, we are not charging any gst and the same is paid under RCM by the parties.

We have planned to add another service relating to the transport business and bill separately to the parties under the head of Administrative Charges/Expenses on Forward Charge Mechanism basis.

As a GTA, Can It do the two type of services, One is Under RCM for transport services and another one is under FCM for Administrative Services?
Plz guide me sir
thanks in adv

Please provide me a resolution for availing a truck.
Hoping for your responce.
Thank you

sir,
i am completed my B.com and i am interested to do CA so that i joined in articlesship program and i completed 1 half year Articleship program. i had written ipcc exam i made november attempt ,i dont have confidence that i will pass the exam so that i want termination , to clear my both groups can u suggest me how can i do this

Respected Sir,

Schedule CFL ( Details of Losses to be carried forward to future years )
----------------------------------------------------------------------------------------------------
I should be highly obliged should you kindly guide me on this issue.

I have filed ITR-6 of March 20 but the schedule CFL remained blank because the prefilled xml file did not pick up the data from the Schedule CFL of ITR-6 of March 19 and therefore I would like to revise the ITR-6
of March 20 in such a way that Schedule CFL should automatically be pre-filled up.

Is lift Land & Building or Plant & Machinery?

My makes bank Fd from gift of her father, Bank deduct TDS on interest of these FD.This is her only income.

I file her income tax return on her pan.

Should I continue as same or club it with my return.

One of my client doing Job in Saudi Arabia. In this country, there is no deduction of tax. He transfers this money in Indian NRO account from Saudi Arabia account. My question is that this is a taxable income or not and any tax liability accrued?