Dear Experts,
As per the notification requirement Promoter is required to purchase at least 80% of inputs and input services from registered person.

Promoter is making labour payments for constructions, paint, carpenter will that be included or excluded in above 80%?

Sir,
Assessess rs:15 lacs amount from govt purpose for assessess shop demolish.
Question:
Assessess received amount tax applicable

I have 1000 shares of Kwality Ltd , Broker is saying shares have been extinguished . What does this mean ? Have I lost my money ? Is there any way to contact company and trade the share ?

Mr. X has a business of trading of Shares. therefore, he treated as a business income. now he wants to know that he is select the code of Investment activity or select retail sales of other products in his return?

My client received Provident fund after the resignation of job from private sector company. he resigns the job after the 28 years of service. He received Rs 20 lack Provident fund from EPFO .

can he liable to pay tax on PF received?

If yes , then how much is PF is taxable or exempt from tax .

thanks in advance for your valuable suggestion

Sir,

As NRI , tax on Interest earned on FD in his NRO a/c with bank is deducted at @31.2% ( applicable for below Rs 50 Lacs ) under section 195 of Income Tax Act, as shown in AIS. Hence following queries:-

1. Now when NRI files ITR of this income from NRO FD Interest under head " income from other sources " then will it be taxed at slab rates ( as may be applicable ) in his case ?

2. Will it be taxed at same rate at which TDS is deducted u/s " 195 (k) any other income." ??

3. Is that above explained income of NRI is subjected to any special rate of tax when TDS is already deducted u/s 195 of Income Tax Act . ???

Pls guide early.

A minor filing his/her income tax return separately, for earning from own skills. While registering his/her PAN through Parent's login, any document related to "Proof of Income" of the minor is to be uploaded mandatorily. Now, in case the minor earns from tuition fees which is in cash what document to be uploaded?

I have received amount on maturity of pli on retirement. Is it taxable or exempt ? as they have deducted tds u/s 194 d .
If it taxable then it is taxable under which head and any deduction available.

In which section we have to take udin for tax audit of turnover below one crore.

I have a private limited company, recently we have a business proposal an with an another company which hold land, the proposal is development of land by construct residential and commercial establishment and sell to third party, for finance angle, we depend mainly on bank loan, and small portion of the development cost has contributed by the land holding company. In this scenario how i treat the amount received from these land holding company, does it required to issue invoice to land holding company