Income Tax queries [818]

All Resolved Open

Daya

20 March 2023 at 20:58

What is cash limit payment under income tax

what is cash limit payment under income tax under section 40A.

Daya

20 March 2023 at 20:38

Balance sheet under which section section is made

Balance sheet under which section is made for companies and firms.

Daya

20 March 2023 at 20:35

What is due date under section 43B

what is due date under section 43B under income tax , for allowable as a expenses on payment of certain liabities.
For Companies
For Firms.
Fort Individuals.

Jonas Kahnwald

20 March 2023 at 18:21

TDS on purchase of Office 365

We have taken 25 Nos Office 365 license subscribed for 1 year. And we are paying to them around INR 3,200/- per month.
Is this transaction attracts TDS u/s 194J fees for technical services ?

G.Sridhar

20 March 2023 at 18:00

Capital Gain Tax exemption - 54EC

Dear all, my query is that I have sold the flat gifted to my parents. The selling price of the flat is Rs. 57,00,000/-. How many amounts required of bonds will buy 54EC tax exemption.

thanks & regards
Sridhar

Reena

20 March 2023 at 17:18

Incentives income for Target acheived

Sir/Madam

We are a two wheeler dealer, we received incentives from company for an achievement of targets, should pay GST for this income....

Rajeshwari

20 March 2023 at 17:02

Employee's loan in payslip

Hi Sir/ Mam,

Please let me know if we should show the loan sanctioned & recovered by employer in the payslip to the employee on monthly basis

Hukam Chand

20 March 2023 at 16:45

Query On Cloasing of Purchase & Sales

Dear Sir,
i have finalize the balance sheet on mothly basis but i facing some problem when i am finalize the balance sheet like:
i am making the Balance sheet of Feb, 2023 and some bills are goods in transit situation which related from feb, 2023 so where how to show these "goods in transit bills" are showing in the monthly balance sheet ? and what is nature of thses bills like any subhead.

Ranjeet Kumar

20 March 2023 at 15:48

115BAC opted in revised return u/s 139(5)

I have filed ITR 1 without opting 115BAC and revised ITR 1 with opting the 115BAC. Now i got demand notice and they did not allowed me to 115BAC.

what is the solution?

akshay maloo

20 March 2023 at 15:40

Regarding sale of property- capital gain

My clinet's mother sale her property in land and invest that amount to buy a house property for her son. The purchased residential house is in the name of her son. Can she claim capital gain investment benefit under section 54f