MY TURNOVER DURING F Y 2020-21 RS. 1.62 CR. MY ALL TRANSACTION IS DIGITAL MODE. MY PROFIT IS BELOW 6% OF 1.62 CR. I AM LIABLE AUDIT OR NOT. PLS EXPLAIN DETAILED.
My friend has founded one old letter from income tax department dated 12/02/2009 in which it is written:
"You have to produce Form 16 for assessment year 2008-09 as your income tax refund exceeds 25000
You are required to reply to undersigned within 3 days of receipt this letter."
Actually my friend wants to know whether he has applied for / received refund or not ?
On income tax portal return of assessment year 2008-09 is not showing. The return of A.Y. 2007-08 is showing.
Whether Tuf subsidy received is considered as government grant to be reported in form 3CD for ICDS 7 government grant.
What is Taxable limit of Income for fy 2020-2021 for Huf and Individual? Are both have same limits?
Summon was received from GST Department in Jan 2021 at that time we discussed the matter and clarified. Now GST Audit for that year i.e. FY 19-20 also has been done annual return too has been filed but again the matter is arising..
I want to ask in this case whose responsibility will be greater of Auditor or Assessee?
Sir/Mam,
I had form 16 Fy 2019-20 Ay 20-21 IT Return not filed till now, no payment no refund What is the due date ? if I file ITR 1 now any penalties applicable please clarify my doubts.
How to check 26As in New incometax portal please guide me.
Thanking you,
Dear Sir
In Tally Prime Display-Accounts-Purchase Register Has to come. Sales Register is comming. But suddenly yeaterday onwards only Purchase Register Is missing. All Datas are there. Notthing Missing. How to activate Purchase Register Sir.
Could you please confirm where to reflect income received from Car lease & tDS deducted under section 194IA, if I treat it as a Business income then what will be the nature of business code
I have HUF Savings Account since 1985, My HUF is consist of wife, and two sons. Being NRI
family now, Can I open Demat HUF account ? and transfer holdings from my NRI Demat accounts to the new proposed HUF Demat account?
Regards
Chhabilbhai
There is provision existing for bad debt in previous year and this year actual bad debt happens and adjusted it with provision for bad debt of previous year. My question is whether I can deduct the actual bad debt amount in the current year for CSR PROFIT calculation?
INCOME TAX AUDIT REGARDING