My brother is running a small electric reparing shop for more than 5 years in a small town and his total income is arround 25K per month. I wanted to encurrage him to file the return, but I heard that in order to do so, the person will have to maintain few documents, such as expense and income. But as I said the shop is very small and he doesn't maintain any kind of document like receipts book
All his income in cash basis so request you to give you valuable suggestions so that we can arrange the documents and we can file return in July 2020. Please also suggest the documents required if we wanted to file the return of previous year. Thanks, Denis Gonsalves

Dear Experts

Can a pub/ pvt ltd company borrow short term loans from its shareholders/ directors?

Dear experts,
My return itr 3 for AY 2019-2020 was filed after due date in March 2020. I received a notice under sec. 143(1)(a) in june but I did not check my mail then. Today I received both sms and mail that my itr has been processed u/s 143(1) and that I will be receiving a refund. I did not respond to notice 143(1)(a) within 30 days. My itr has not been processed yet. There is no outstanding tax demand either. Could someone let me know if this is going to be a problem and what I am required to do now?
Thank You.

CHANGE IN PAN NUMBER WAS CARRIED OUT IN ORIGINAL ETDS RETURN FILED AND REVISED ETDS RETURN WAS FILED

NOW THE SAME RECORD IS TO BE UPDATED WITH DIFFERENT PAN NUMBER. I HAVE DOWNLOADED fvu FILE FROM TDSCPC SITE.
BUT IN CORRECTION IT GIVES ERROR MESSAGE AS "FURTHER UPDATE OF PAN FOR THE DEDUCTEE RECORD IS NOT ALLOWED"

IS THERE ANY WAY TO RE REVISE THE ETDS RETURN ?

Dear Concern (s),

I am working as an accountant , now i want to learn foreign accounts ,
Any body help me how can i learn it ??


With Regards
Parvinder Singh

Hi,
Is DIR-8 is mandatory attachment to attach with E-form DIR-12 while appointed an additional Director in Unlisted Public Company ? Please suggest.

Sir what GST rate is applicable on photocopy/xerox work and book binding work whether it is consider as manufacturing or only job work and whether a photocopy worker can get registration under GST Composition scheme and if yes then what GST composition rate will applicable on sale.

An individual is employed for the part of the year and he receives salary. He retires and for the other half of the year he receives pension.
In ITR 1 under nature of employment which category has to be chosen as a Pensioner or State govt??
Do we have to see the status as on 31.03.2020

Sir
A person has two entity i.e One is Pvt Ltd Co., and Other one is Proprietorship. He roles director in Pvt Ltd Co., and the Proprietor in the Other One. Both entity has the same nature of business i.e transport service.

He has own trucks (More than 10 Nos) and uses all of them into the both of his business. At the end of month, both of units issues sale bills for providing transport services each other by its name on the basis of sub-contract.
Both units deducts the tds @ 2% and remits the payment.

Is it Correct sir?
---------
In case if tds gets delayed to be paid, we should calculate the interest from which date i.e whether from the date of due or from the date of deduction?

thanks in adv

Assess maintained a hospital(nursing home.)
Bill
Consultation (o.p.) Fee
Room rent
ICU charges
Doctor's visiting fee
Surgeons fee
Anesthesiologist fee
O.t. charges
Nursing charges
Others.
Question:
Assess all fees collected charges accepted in I.t. act and any not accepted fees in I .t.act.