EASYOFFICE
EASYOFFICE


Kollipara Sundaraiah
07 January 2021 at 10:05

Capital amount

Sir,
A person private employee salary income source.but a person first time I.t. return NIL filed.(below income)
Question:
A person maximum capital amount show in balance sheet in I.t. returns.


ANJANI KUMAR
07 January 2021 at 06:05

TDS - EMI INTEREST

Dear Sir/madam,

I have taken loan from MAGMA HOUSING FINANCE in my Company's name. Every month EMI is deducting from my company's account. My question is whether tds applicable for Interest?


lokesh chaudhary
07 January 2021 at 02:25

TDS

Dear Expert
1)Assesee Late. Mrs X (LIC agent)die in Fy 18-19,return for that year is filed by her husband as legal hair.
2) in Fy 19-20 she earned commission of Rs 8lac in her daugher bank account as daugher is nominee but TDS is deducted under her husband Pan
3)now who is responsible to show the income of Rs 8 lac of late Mrs X :- husband or daughter
4)Husband is already in 30% slab and daughter is below exemption limt


Rohan
07 January 2021 at 00:36

ITR-2 Accumalated PF balance

So a person has left job in 2015-16 but did not transfer or withdraw EPF balance till 2019-20. Since EPF contribution was not done for continuous 5 years and withdrawn it has become taxable.
After checking all the provisions, the conclusion was that all the parts of the EPF balance were taxable.

From what I have read,
Employer's contribution + Interest on Employer's contribution + Employee's contribution will be taxed under Salaries and Interest on Employee's contribution will be taxed under Other Sources.

The query is,

(1) If to be shown under Salaries should we disclose it under 17(1) or 17(3)?

(2) Also point no. 2c under Other Sources has an option for Accumulated balance of recognized provident fund taxable u/s 111. Details regarding Assessment Year, Income benefit & Tax benefit are asked. Can someone guide me on how to fill these.


vishal
06 January 2021 at 19:56

First time Registration in TRACES

Is it compulsory to file TDS return first for registration in TRACES? As i have shown following error while registration


You can NOT register on TRACES at present due to one of the reasons

i. You have not filed any statement for the mentioned TAN OR
ii. All the statements filed for Financial Year 2009-10 and onwards are in cancelled state OR
iii. All the statements filed for Financial Year 2009-10 and onwards are NIL Statements (having ALL challans with amount=0)


You will be redirected to E-Filing website from here for E-Filing registration.




sankar ponnan
06 January 2021 at 18:51

Registration

SIR
I am doing a trading business and want to change the registered address of business. Can I shift the business to the new address before the change of registered address?

thanks in adv
guide me plz


Raunak Moondra
06 January 2021 at 18:38

Tcs for gst or tds for income

There is any applicability TCS on sale of scrap of Wood


deepak
06 January 2021 at 18:34

Professional services defination query

one private limited provide translation and subtitle services to there clients. query is that it comes under professional services or not?


Kollipara Sundaraiah
06 January 2021 at 18:12

Closing stock treatment in gst

A gst registered dealer closing business. But closing stock value Rs:10 lacs no input credit balance in ledger
Question:
Dealer closing stock value treatment in gst act.


SURABHI GUPTA

How to alter MOA ( authorized capital clause ) so as to attach it in SH 7 e form ?