hi,

my question is, suppose a person joins us in september'21 and stays till now so when we make his/her form 16 then we sud give standard deduction (of Rs. 50k)on pro-rata basis or fully?

in the list of mandatory attachments of Form 36 one is "Limitation Certificate and Letter of Authority ".

Please share what is the purpose of this document and also share the formate for the same.

Thanks for reading this query. Your response is really valuable.

Dear Experts,

How to compute and file Income Tax Return of Individual (Status - Resident and Ordinarily Resident) if have income from Indian Company as well as foreign income. Please guide.

ABC Ltd has given contract to supply labours to XYZ Ltd and XYZ ltd is also providing accomodation to labours.

On manpower agency services TDS to be deducted under 194C.

On Rent expenses paid by XYZ Ltd. TDS to be deducted under 194C / !94I?

Invoice is provided discription separately showing Labour charges and accomodation charges.

Further in books, ABC Ltd debiting accomodation as Rent Expense.

Please respond.

what are AIS or TIS or SFS and how it is difference from 26AS.

Hi All

Rental income from commercial -under which head is it to be shown while filing income tax return?

The assessee is registered under GST for business income. Whether to charge GST on Rent received from commercial property?

Thanks in advance

We ( Husband and Wife ) bought a property jointly with home loan.

Two questions.

1. Now we have formed HUF, can we rent it via HUF, let the rent income be of HUF?

2. Do we need to transfer the property to HUF or as it is already a joint ownership, can't it automatically becomes a family property and part of HUF?

( We have minor son, who is 6 year old. )

what is AIR and how it is difference from 26AS.

whether GST input can be set off
First completely set off IGST and
CGST and SGST set off in any ratio from IGST
CGST and SGST inter adjustment adjustment not possible.

In case of a power of attorney is being issued by an individual to the company's Resolution Professional for selling the property, we had purchased the stamp paper in the name of the individual but that person stays in another state but the property is in Mumbai. So what does the rule say for notarisation? Do we have to notarise the document in Mumbai ?

Kindly reply urgently

Thanks in advance.