Respected Sir,
We have closed our partnership firm. Whether we will have to inform the department of income tax also that the partnership firm has been closed ? Please let me know the online procedure for doing the needful to be done for income tax department.
1. If any work is executing for a government body (A) by a company (B) the TCS is not applicable or not.
2. If (B) has subcontracted the same work to (C) then is TCS applicable.
Dear Sir/Madam,
I joined my current organization (Software/IT), which is in Bangalore, remotely from my hometown, which is Delhi, during lockdown/Covid-19 (July-2020). I am still working remotely from my hometown (Delhi) and my employer is absolutely fine with it.
Recently, during the annual investment proof declaration exercise, I claimed HRA for the rent paid in my hometown (Delhi) but my employer's (Bangalore) Finance team rejected the claim stating that as per IT/Govt. rules and regulations, I am not allowed to claim HRA for rent paid in a city different than the work location even during Covid-19.
I am totally unsure as to what to do and what is the actual guideline from the authorities.
Kindly advise.
Thank you!
Dear Experts,
I would like to know the penalty of TAR filing after the due date(15.01.2021)
Dear honourable persons i have doubts regarding about the debit and credit,plse guide me
golden rules of accounting
1.personel account ( persons,company or firm and individuals)-----debit the receiver and credit the giver.
2.real account(assets )----debit what comes in and credit what goes out
3.nominal account (losses and profits)----debit all expenses and lossess and credit all incomes and gains.
iam i correct
* BUT THE DEBIT AND CREDIT ARE THE DEPENDS ABOUT THE NATURE OF ACCOUNTS.
one general doubt ,if i paid a amount to my creditors means the amount will which side it will show debit side or credit side in sundry creditors ledger account.. then if i want to payable means which side it will show.
could you plse guide me ,i have a detailed explanation of this thing with examples please
Hi Sir/Madam,
Please let me know how much we deduct on sac code 998313 2% or 10% currently we deducted @2% is we are correct.
guys? Can you tell me about best reccommendation of Implementing incom tax provision?
AS BALANCE LAYING IN ACCOUNT CURRENT LEDGER CASH LEDGER WHERE UNUTILIZED CASH BALANCE
I received a intimation from IT department with below message for AY 2019-20,
"In Schedule Salary, the income
chargeable under the Head ‘Salaries’ (Sl.
No. 6) is not consistent with the sum
Sl.No 1a,1b,1c as reduced by Sl.No.3 and
sl.no.5[{(1a+1b+1c)-(3+5) } 6] "
When I checked myself from my ITR, it does not have this error. How do I resolve this ? If I submit my response as Disagree, what are the next steps ?
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
SECTION 44AE