i want to revise my income tax return u/s 139(5) as i missed to show some income in the return due to which need to pay some extra payment of tax. so which head i have to use to pay the amount " Self assessment tax or Tax on regular assessment

Sir,
It assess maximum amount limit personal drawings one finicial year any limit prescribed as per it act.

Earlier i have filed ITR AY 20-21 without opting in Section 115BAA but now i want to revise the ITR and want to opt now sec 115BAA. Can i revise my return with opting sec 115BAA in revised return??

If a company sells goods to a party inclusive of GST on credit and after sometime buyer refused to pay money for the goods purchased, how can a company record such entry in books and what are the implication of GST on this transaction.

Thanks in Advance.

Hi Guys,

Just a quick query about DTAA. My company is rendering management consulting services to Gulf based clients. From the last 10-12 months, these clients started deducting 5% withholding tax / TDS as per their countries' norms on any payment to international management consultants.

Since, these companies only have my company's basic details, such as Name, CIN, address (they don't have Pan and tan deatils). How can we claim the benefit of these tax deductions? Also, what sort of document they provide to me as a proof of deductions. Please help.

Thanks!

How to change the login id of new PTRC No. obtained in Maharashtra as the new login id is the Pan No. of the applicant.

Hi
What would be treatment of optionally convertible debentures at the option of Issuer as per Ind AS?
Also how would these be treated for calculation of Diluted EPS if the conversion is based on NAV of shares of the company at the end of duration of debenture?

Regards

I am paid of Rs 70000 as advance payment as professional fees Dated :- 11/05/2021. (partly payment)

does it required to deduct & pay in this month TDS?

If I Purchased an Motors or any other Pumps used for Machines values more than 100,000. Then Whether Transportation and Other Packaging charges would be capitalized??

Where can i get mcq sample papers of accounting?
TIA