faiz ahmad
24 September 2020 at 10:49

TDS certificate Form 16B

Dear Sir,
While i am going to download from 16B, it show "No data available for specified search criteria.".
Kindly guide me.
Thanks
Faiz Ahmad
faizahmadazmi@gmail.com


avrandco
24 September 2020 at 10:27

Filling of Yearly Return of DPT 3

While filling yearly Return of DPT 3 in point "h) Any amount received from a person who, at the time of the receipt of the amount, was a director of the company or the relative of the director of a private company", which amount to be filled - whether amount received during the financial year or amount outstanding as on 31st March,2020.
Since in the heading it is mentioned that "Particulars of receipt of money or loan during the Financial Year 2019-20 by the company but not considered as deposits in terms of clause (c) of sub-rule 1 of rule 2 of the Companies (Acceptance of Deposits) Rules,2014 and outstanding at the end of financial year i.e. on 31.03.2020"
Kindly resolve the issue as early as possible


shubham
24 September 2020 at 09:53

Show Cause Noice (GST) Business Details.

Dear Sir/ Mam,
Notice for Seeking Additional Information / Clarification / Documents relating to
Application for Registration

Business Details - Details of your Business - Others (Please specify) - Application AA0909200*****W
already pending for with same details submit reason of another new application.

How to give them a Reply & what should i write against Notice
Please Give me suggestion today its urgent basis


We are not having property registration paper because property is trf from ancestrals
not water tax receipt
Thanks & Regards



Hins

Hi Experts,
My sister is suffering from Chronic Kidney Disease and is on dialysis twice a week. She is so weak that she is unable to work and earn . She has no income at all. But we have been filing her ITR returns since almost 14 years now..Most of her F.D.s have been broken and now she has an income of only 2Lakhs this yr for A.Y.2020-2021. This income is only from her F.D., the last one now.The tax on her income is "0"..In fact a refund of 17,000 is due to her (from the TDS deducted by a Bank on her F.D).
I pay for her dialysis and other medical expenses as she has no health insurance at all.My questions are:
Can I claim the deduction upto 40,000 under Sec 80DDB for my sister i.e. Is my sister a dependant as per I.T. Act
because from what I understood of this section- “dependants” of an individual assessee may include spouse, children, father, mother or siblings who are wholly or mainly dependent on the assesse. What does it mean - wholly or mainly?
Many thanks for your expert advice and valuable time.


BALAKKRISHNAN
23 September 2020 at 22:47

Authorized Capital

Pls. clear me what is optimum figure for authorized capital? even though it starts from 1,00,000 onwards what would be the long term impact if i put 10,00,000 in place of 1L as authorised capital (except number of shared). Whether it will impact anywhere in future like balance sheet, repayment if company goes shut, any other legal criticalities? where are all it will reflect exactly?


Kollipara Sundaraiah
23 September 2020 at 22:24

Itr filed without bank account

Assess I.t.return filed allowed without bank account in f.y.19-20 under I.t. act.


Srishti
23 September 2020 at 21:29

MGT 14

When is MGT 14 required to be filed?
Is it required to be filed when FS are adopted in AGM?


Nitish Agarwal
23 September 2020 at 19:48

LTCG or Business Income in Real Estate

Hi Experts,

My mother owns a residential property in Hyderabad, Telangana. The property is a plot with house construction and was purchased in 2001. She intends to dismantle the old house and develop the land into residential apartments. She is willing to finance the construction by herself and will be giving a construction contract to a builder. The residential apartments so built will be sold to homebuyers.

The query is, will the sale proceeds of the residential apartments be taxed as LTCG or Business Income? Will she able to offset cost of construction against the LTCG? Will there be any STCG component?


Jaysukh Ghetiya
23 September 2020 at 19:46

Canara Bank nf 1003

Dear Sir, We are having occ A/c in canara bank.My email id is jaghetiya@gmail.com


santoah raju
23 September 2020 at 19:30

Condonation of delay - Urgent

Hi respected experts,

Is there any powers to officers or commissioners under GST to condone and give relief to tax payer for genuine reasons.

Our client has availed ITC against sec 16(4) with delay of four days.

The department is ready to condone but they are not able to take power from any provisions of the act,

kindly advice