If NRI opts u/s 115I ( Chapter not to apply if assess so choses ) in Chapeter XIIA ( Special Provisions relating to certain income of NRI. and is to file return u/s 139(1) but has got interest income in NRO Bank a/c and is classified u/s 195 of ITax Act FOR TDS , then in such situations will he be still required to be charged tax @20% on interest income OR it can be treated as normal interest income under head ' Income from Other Sources ' ( as he opts section 115I ) and tax be calculated as per normal applicable slab rates.
In such cases where TDS is u/s 195 on interest of NRO a/c but assessee opts normal slab rates u/s 115 I , and file return u/s 139(1), will it be correct as per law
Income tax return file केला आहे .
परतु purchase bill not account add केल नाही.
परतु Gstr 2 Purchase bill show दिसत आहे
तर purchase bill कसे add करावे?
Please give your valuable suggestion that is GST applicable on Discount
Hello sir/madam, During my articleship re-registration, In form 102, I have given my first articleship registration date instead of current re-registration date. And I have submit both form 102 and 103, RO resent my form for correction stating “Upload executed copy of form 102 deed should be within 30days from start date of articleship” how should I correct my form and submit??
what is the nature of possession of premises for premises owned jointly?
Dear Experts, we are footwear manufacturer and we having additional place of business about 500 Mtr. from Main Unit.
We purchase some goods in terms of bill to main Unit & ship to Additional place. And after completion of process we dispatch the product (Footwear Upper) from Additional place to Main unit through Delivery challan by rickshaw.
Is the above practice correct or need to some change, pls advise.
Also advise, how will we sale footwear raw material scrap from Additional Place.
Kindly advise.
hello Sir/Madam,
Thanks in Advance...
My client is individual assessee, regularly buying and selling open plots. in the previous year he bought and sold 5 open plots. His turnover is more than 50 lacs. can i show it under PGBP or Capital gain?
A new hotelier is willing to obtain overdraft of 10 lakh for managing his working capital requirements, but hotel business will have less stock as they are perishable in nature, also the debtors and creditors will also be less, bt they require huge sum for managing their operating activities. Can u please guide me to prepare a project report for this
Hi,
can we withdraw the full amount including Pension after the retirement from the service?
can anyone please guide me?
already withdrawn the advance amount. The Balance needs it urgently.
Thanks in advance.
Sowmya Santhosh
TAXATION-NRI