I have donated some amount for PM care fund from my bank account. I do not file Income tax return because my income is less than 2.5 lacs.
Can my mother claim deduction for the donation ? Is there any way out?
the company after incorporate, and the shareholder put the money into company bank account.
is the share certification prepared by company? and company sealed and director signed on it will be enough?
how to prove the share certification is true? is some where could found in gov website?
after paid the stamp duty on issue share, is the gov will delivery share certification?
is the company income tax paid yearly or monthly?
like the TDS had cut, is that still need to pay 30% income tax?
is income tax rate will be different for different type of company?
is startup have benefit on income tax
the director go travel for company, he have some spend on food and taxi
and only give the bill and taxi bill, the bill did not return the company name and director's name, but the company had transferred the money to the director, is this need to be put into company audit report?
Mr. C a registered taxable person, was paying tax at composition scheme upto 30th July. However, w.e.f. 31st
July, Mr. C becomes liable to pay tax under regular scheme.
Other information:
(a) Input as on 30th July for ` 3,54,000 (inclusive of GST paid @18%).
(b) Capital goods purchased for ` 5,00,000 (invoice date 22nd April 2017, GST 18%)
Find the eligible ITC to Mr. C.
Note: Mr. C not availed depreciation on the GST paid on capital goods.
Answer:
ITC allowed on inputs = ` 54,000
ITC allowed on capital goods
ITC on capital gods = 90,000
Less: 5% p.q = - 4,500 = ` 85,500 (` 90,000 x 5% x 1)
Total ITC allowed to Mr. C as on 31st July= `1,39,500
My question is here how its 1 quater for use of capital goods.
It is to 2 quaters right.
Sir, I have two FDR in bank. I need to filed the 15 H form in bank to non deduction of TDS but as you know that curfew is going on so please provide your advice in how we can save tax
Thank you
Dear Sir,
I have opened fixed deposit account in bank.
But due to curfew I am unable to filed the 15 G form in bank. So could you please suggest me in which case what to do to avoid TDS.
Please advise
Is there any latest notification on ITC because of COVID 19? Has government given any benefits?
Latest I know is
Government notifies changes to rules on input tax credit. The Centre has notified changes to the goods and services tax (GST) rules, lowering the input tax credit to 10% from 20% of eligible credit, if invoices or debit notes are not reflected in filings.
Donation for PM Care fund