So a person has left job in 2015-16 but did not transfer or withdraw EPF balance till 2019-20. Since EPF contribution was not done for continuous 5 years and withdrawn it has become taxable.
After checking all the provisions, the conclusion was that all the parts of the EPF balance were taxable.

From what I have read,
Employer's contribution + Interest on Employer's contribution + Employee's contribution will be taxed under Salaries and Interest on Employee's contribution will be taxed under Other Sources.

The query is,

(1) If to be shown under Salaries should we disclose it under 17(1) or 17(3)?

(2) Also point no. 2c under Other Sources has an option for Accumulated balance of recognized provident fund taxable u/s 111. Details regarding Assessment Year, Income benefit & Tax benefit are asked. Can someone guide me on how to fill these.

Is it compulsory to file TDS return first for registration in TRACES? As i have shown following error while registration


You can NOT register on TRACES at present due to one of the reasons

i. You have not filed any statement for the mentioned TAN OR
ii. All the statements filed for Financial Year 2009-10 and onwards are in cancelled state OR
iii. All the statements filed for Financial Year 2009-10 and onwards are NIL Statements (having ALL challans with amount=0)


You will be redirected to E-Filing website from here for E-Filing registration.

SIR
I am doing a trading business and want to change the registered address of business. Can I shift the business to the new address before the change of registered address?

thanks in adv
guide me plz

There is any applicability TCS on sale of scrap of Wood

How to alter MOA ( authorized capital clause ) so as to attach it in SH 7 e form ?

Dear Experts,

I was partner in a CA firm and on my behalf firm was statutory auditor of some companies. But in Dec,2020 I have resigned from partnership firm and have created my own sole proprietorship firm.

My question is should I have to file form ADT-3 and than ADT-1 form to transfer audit from Partnership firm to my sole proprietorship firm, or filing only form ADT-1 is required.

Further for what period will be ADT-1 filed i.e. for 5 years or for remaining period.

Dear Expert,

My client is proprietor and two difference business. one is retailer business(trading) and other one is contractor/developer. he wishes to pay GST under composition scheme for trading business and regular GST rate for real estate business. Can the same we can do???. IF yes whether we need to apply for 2 GST number (one composition and other regular GST number).

Also for calculating Rs 1.50 crore turnover for composition scheme whether both business turnover will be included or only composition(trading business) turnover will be consider.

SIR,

WHAT IS TRAINEE EMPLOYEE ENTRY ON SALARY. PROVISION & PAYMENT.

Dera sir/madam
if partnership firm is having loss of 75000 in f. y 18-19 and there are three partners and want to take benifit in income tax in f. y. 2019-20 what are the entry to be done in accounting software

tant house ka business code kya hoga