Due to the lockdown period since 22-03-2020, I have not been able to submit form 15H. I have made a fixed deposit which gives me a interest income of 55000 in the financial year 2019-20, will the last date of submission of form 15H be extended due to lockdown so that tax is not deducted by the bank?

do i need to file mgt-14 in case of resignation of managing director?

SIR ANY ONE CAN HELP ME
one of my client who work on contract basis ----NALI SAFAI ETC
WHAT WILL BE GSR RATE ?

How will the tax on dividend play out when a company declares dividend before March 31, but shareholders receive the money on or after April 1?

I have a small business. Turnover is 15 lacs. Net profit is less than 8% and below basic exemption limit. I don't want to disclose income as per section 44AD. I have no other income.

It says in the section that in case of an individual, 44AB is applicable if total taxable income is above the basic exemption limit. However, my teachers are of the opinion that i need to get the books audited.

I'm i required to get the books audited???

Please drop a reply

Exemption from filing 9C reconciliation statement for the year ended 31.3.2019 is applicable for all dealers having aggregate Sales below Rs 5 crores or only SME registered dealers and as such is applicable for dealers engaged in trading business

I have two companies, Company-A & Company-B. In this B company to merge in company A. than after I surrender GSTIN of compnay B. Now, my query is what to do if sales are return from company B. How to issue credit note against sales return from company B. (Company B was already surrender)
Please help me.

ONE LLP HAS A RECEIPTS OF RS 210000.00 AND LOSS OF RS964.00,CAPITAL OF RS100000.00.
IS AUDIT REQUITED AS PER INCOME TAX FOR THIS LLP.

Considering the current situation of lockdown due to Covid-19, fixed assets purchased by the company will not be in use for a specific period of time (for 21 days as of now starting from 25th March'20.

Can we still claim depreciation in books as well as for tax purposes?

Or Can we defer the depreciation amount for the number of days during which the asset was not put in use.

Will the clause of obsolescence be applicable even during this phase?

Dear Sir(s),

I want to invest in PPF for the next FY 2020 - 2021. If I invest in the month of April 2020, will I get Tax exemption benefit under 80C for the FY 2020 - 2021 or I should invest after June 2020?

Secondly, If I want to donate an amount to a Trust and want to get Tax benefit, when should I donate - Before April 2020 or after June 2020?

Seek your valuable advice please.

Regards,

Vijay