Poonawalla fincorps
Poonawalla fincorps


CA Vaibhav Jain
23 June 2021 at 12:04

INC 33 AND INC 34

while filing INC 33 and INC 34 in case of foreign national directors not having valid din and when we are entering passport number in the subscribers page error is showing that it is not a valid din..Please suggest


CA Garima Bhayana
23 June 2021 at 11:43

How to know party by TAN

In 26AS party name is shown as per PAN Name and Shown TAN Number along with name. If We have Transactions in many states & operating different tally for each state and Legal name is different from PAN name of Party. How can we identify the legal name of party to find out in tally?


deepak

can any one show me assignment of company budgeting and forcasting . i want to do practise on it.


pratiksha

I have a doubt. Suppose Mr.X , a resident but non ordinary resident, receives his superannuation pension income from Australia after deduction of tax by Australian govt. at the rate 35% . The pension income is deposited by the govt. directly in Mr. X's A/C in a Bank say IDBI Bank in India and it is not deposited in any bank account in Australia. The pension income accrues and arises from Australia.My doubt is that whether the pension income credited to Mr.X's bank account in India is taxable in India as income of RNOR received or deemed to be received in India???? Also please give relevant IT sections and case laws if possible...Since the RNOR is not having any bank account in australia, it is deposited in his account in India. So can any relief be claimed for the same??????

One more Kind request...Pls give me the applicable sections and case laws too if possible to justify ur answer..It will help me to an great extent


SHIVAM JHUNJHUNWALA
23 June 2021 at 06:59

Company law important

sir as we know according to section 1(4)(f) that company law applies to any body corporate incorporated by any special act which central govt. by notification, specify in this behalf, subject to such exceptions, modifications or adaptation, as may be specified in the notification". so here does company law applies on LIC as it is incorporated under LIC Act and is a Public Financial Institution. morever, what are PFI, whcih are shown in books as type of companies. so are they companies or not or what. plz explain in details.
thank you!!!


Raghavendran Anikar

For my query for the absence of column for deduction under sec 58(2) in ITR 4
your reply is enter net interest after deduction of interest payment.. When 26AS TDS is claimed
the CPC Bangalore will adopt the interest as per 26AS and there is no way to convince him deduction since this has not been reported .You know the attitude of CPC. What is the solution.
A Raghavendran FCA


suja pirama
22 June 2021 at 22:03

COMMISSION INCOME TAXABILITY

SIR,
if a person earns commission income from sbi life insurance can 25% of his income be claimed as expenses, without any bills and voucher.If no how much % can be claimed.His income is more than 20 lakhs.


Raghavendran Anikar

IN ITR 4 AY 21-22 I HAVE FILLED INTEREST ON COMPANY DEPOSIT RS 70000 / BUT I BORROWED RS 500000/ FROM MY MOTHER AND PAYING INTEREST OF RS 30000/. HOW TO CLAIM DEDUCTION OF INTEREST PAID UNDER SEC 58(2) IN ITR 4 UNDER OTHER SOURCES. I DO NOT FIND ANY DEDUCTION EXCEPT SEC 80.IN OS
A.RAGHAAVENDRAN


K Venkatraman

For AY 2019-20, tax auditor in his report dated 28.09.2019 had considered for disallowance unpaid provision for bonus of Rs.33 lacs in books of the assessee company as on 31.03.2019. ITR for AY 2019-20 was filed on 23.10.2019. Between date of tax audit report and date of ITR, the assessee company had paid bonus of Rs.32 lacs out of the provision of Rs.33.lacs. However, this was not considered while filing the ITR. Subsequently, in the ITR for AY 2020-21 also such paid amount was not claimed. What are options available to the assessee company in this regard? Please help.


Kollipara Sundaraiah
22 June 2021 at 19:09

E waybill generated mandatory

A gst registered dealer sales of goods to urd one customer rs:30,000/- .dealer another sales transaction same day same customer rs:40,000/-
Question:
Dealer rs:50,000/- above value ewaybill generated mandatory.