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sandeep@2019#

TDS Return Q1 FOR F.Y.2020-21 DUE DATE ?


TARIQUE RIZVI
27 July 2020 at 18:19

On-line scrutiny

Respected Sir,

My CA has informed me that I have been selected for e-assessment for the Ay 18-19 but I was not informed on my email.


sankar ponnan
27 July 2020 at 17:40

Tds (194 C)

Sir
When a transport company pays the hire payment for transport services received to the sub-contractor who is the proprietor, what is the percentage of tds to be deducted in case the sub-contractor owns the trucks in his own name and issues bill by his firm name?
guide me please
thanks in adv


NK1976

Dear Sir/Madam,
We are filing the GSTR-3B Return for the Month of June-2020. My query regarding the Input Tax Credit (ITC).
Our one supplier issued a bill to us in the month of November-2019 but we forgot to claim ITC in GST Return.
Now in the month of June-2020, we have received the Invoice of Rs. 35400/- from party for the 30th November, 2019.
Bill amount 30000+5400 GST-18% = Total Bill amount 35400.

Now my question is whether we can claim this in the GSTR-3B return of June -2020?

Please advise in above matters as earliest.
Thank & Regards
N K



Bhaskar Dey
27 July 2020 at 17:16

ITR Form

My wife is a retired doctor(65 years). She is not engaged in private practice and at present she is not attached to any hospital. She has only two sources of income -- Income from monthly pension (State Government), and Income from other sources ( Fixed Deposit interest and SB interest). She has only one self occupied property. She doesn't have any agricultural income. Her total income from two sources is far below Rs.50 lakhs.
When I contacted IT call center for knowing which ITR form should she fill up for AY 2020-21, the lady at the call center said ITR 2.
But ITR 2 has many irrelevant pages and very lengthy.
My question is -- With the incomes she has, is she not eligible to submit return on ITR 1. If not, why?
I asked the same question to the lady. But, she couldn't answer.
Will some expert / experts express opinion and advice. A lot of thanks in advance.


CA. Aditya Goel
27 July 2020 at 17:12

Tally Software - Asset or Expense

i have purchased Tally Software for INR 13k. Whether it will be an Asset (can claim depreciation as its an intangible asset) or its a spend to be charged to P&L?


rishabh bhatia
27 July 2020 at 17:10

GIFT

Dear Sir,
I paid Rs 10 Lakh money to my brother in FY 2019-20 as a gift whether it is taxable to my brother or not,
What legal record is to be maintained by me if no gift deed is made by us till date.


ahammed hussain
27 July 2020 at 16:23

Annual tax liablity -TDS

Annual salary Basic Rs 253,020.00 HRA Rs132,00.00, Annaul rent for flat Rs264,00.00 Non-metro city, Agricultural income per annum Rs 150,000.00 Rental income Rs.126,000.00 ,bank interest income Rs1500.00 can anyone help me to compute the annual income liablity.


Kollipara Sundaraiah online
27 July 2020 at 15:47

Business change accepted in I.t. act

Assess two business maintained in individual status.two business Annual turnover rs.38 lacs +rs.30 lacs total rs.68 lacs in f.y.2019-2020.turnover above 40 lacs threshold limit gst registered applicable.
Question:
1.Assess 1st or 2nd business change from individual status to huf status transferred
2. Assess business transfer wife or son accepted under I.t. act f.y.2020-
2021.
Above two options accepted under I.t. act.


vaibhav
27 July 2020 at 14:03

B-com

Which ITR form shall be used to file ITR for Individuals having income from insurance commission.