Easy Office
LCI Learning


Hitesh Ghade
10 March 2020 at 08:09

PF

If montly salary of employee is above rs.15000 but due leaves it's fall below rs.15000 then company required to deduct PF n pay?

If yes, company required to deducted pf for all months from then after?


Nandkishore Joshi
10 March 2020 at 03:48

Demand notice us 221

Employer did not give form 16 and deposited TDS. Computed and paid tax based on computation on XP’s given by manager taxation. IT has sent notice for recover by coercive means if demand amount not paid. Kindly advise at earliest


sieaus

Can income from part time home tuition to school kids & providing homeopathic medicine suggestion (not a fixed fee but whatever is given as token or even free) in a very irregular manner be shown as income from other sources, it being hardly a lakh in a year, besides interest from s/b & fd a/c, total being less than 2.5, in itr-1. If yes, what descriptttion of other sources to be given. There is not any other income in this case.


Ganesh
09 March 2020 at 21:49

Clubbing of capital gains

Hello, I have a question

I sold a land gifted by my mother in law and I wanted to know if I club the LTgains as is (35 lakhs) with my mother in law income or after 54ec deduction which in my case LTCG taxable becomes 0. So there will be no income to club.

If the 35 lakhs is clubbed with my mother in law, will it be reported still as capital gains or income from other sources on my mother in law return

Where on itr2 do I show that the income reported and corresponding tds on 194a will be clubbed with my mother in law?

Thank you


aakash
09 March 2020 at 20:24

About SAC Summary

I am a service provider and ask that while filing of GSTR-1 we need to show SAC wise summary in the GST portal. Because in table no. 12 heading is " HSN- wise summary of outward".
So that we are bound to show SAC wise summary ?


sudipta das

A sole proprietorship production house is planning to sell a web series to any OTT platform like Amazon Prime.
Should it be treated as Transfer of Intellectual Property (IP) right in respect of goods other than Information Technology software and charged at the rate of 12% GST

If not Please tell the correct GST implication of the same ??


Shakthi
09 March 2020 at 18:58

ITC on Bank Charges

Dear Sir

ITC for GST charged on bank charges is reflecting in my 2A promptly every month. But the Bank is not issuing invoice. Can i take the credit or not. Please reply


NILAM
09 March 2020 at 17:53

GSTR1 LATE FEES

DEAR SIR,

GSTR1 LATE FEE APPLICABLE ??

WE HAVE NOT FILE GSTR1 SINCE JULY 2019


vijayakumar
09 March 2020 at 16:36

Long term cap gains

Sirs,
I bought a land in 2005 for 11 lak.of 1 acr - Sold a month ago. I was told the present deemed value is ~23 lak The sale value was 63 lak.
I have paid 2 persons 5 lac brokerage- I paid thro bank rtgs & paid 5 % TDS each- deposited them also.
I had built a compound wall -spent around 9.4 lak & digged a bore well for 8 lac. But these are done over 3 years, , with local masons etc.
I dont a have a clear bill.
Can I claim this as an expense. Thanking you for the advice.
Ram


avinash s joshi
09 March 2020 at 16:05

Housing Lone Interest

how to pass housing loan interest paid entry in tally And Under which ledger head & group