Neel

Hi Experts,

Please note that I joined new company in Jun 2019 but from 1st April to 15th June 2019 I got commission from other company more than 9 lacs & TDS 10 % already deducted at source now I would like to pay advance tax on this commission before 31st March so where I can pay this tax? As my new company already deducting my income tax as per rules & my investments then which ITR i need to fill this year? Please guide me on this.


SSP MATHIYALAGAN
23 March 2020 at 09:39

SEC 37/1

PL EXPLAIN THIS SEC 37/1 OF IT .


ACCOUNTS08
23 March 2020 at 08:47

SETTING OFF BUSINESS LOSS

I AM A PARTNERSHIP FIRM DURING THIS YEAR FY 19-20 I HAVE CAPITAL GAINS WORTH RS 20000 AFTER INDEXATION WHILE MY BUSINESS LOSS IS 27000. IN THIS CASE WHILE COMPUTNG THE TAX PAYABLE HOW WILL THE COMPUTATION BE DONE.


Mahendra Singh Rao
23 March 2020 at 08:45

FOR DECLARATION FOR AY 21-22

Respected Sir,
My query is that i have a Gross Income is 878100 under New Scheme on which total tax is 58983.60 and on the other hand under old scheme Total tax is 80366.208 on income of 823876. My query is that while calculation tax on total income under new scheme is not considering Exemption and deduction. Such calculation is done by me at the beginning of april 2020 for F.Y 2020-2021 OR AY 2021-2022. My second query is that i opted new scheme while declaration of income for ay 2021-2022 but whether i can considered exemption and deduction e.g section 80c, HRA etc while filing of return if i opted new schme or calcuate tax as per new schme. Plz guide me sir


RAHUL KUMAR
23 March 2020 at 07:39

MY PAN CARD APPLICATION REJECTED

Black and white photographs are not accepted for processing of PAN application.
We request you to kindly submit two recent colour photograph (3.5 cm *2.5 cm) on a separate paper with signature/thumb impression across any one of the photos.


What should I do now?


PAVAN KUMAR REDDY GUDLA

Is govt. Of India going to extend the due date for filling income tax return for the FY18-19? Due to out break of corona virus which leads to lock down of some of the states in the country.


Sabita Sahoo
22 March 2020 at 17:14

Place of supply

A taxpayer is engaged in providing outdoor catering service.Can he collect IGST in his invoice if the location of recipient is situated outside the state of supplier?


Siddu

It would be great help if you could clarify,regarding employees 10% NPS contribution,
1) Can the 10% NPS contribution to get the exemption under 80cc, 80ccd, 80cce (upto 1.5 lac) First ? and then,
2) Anything extral upto 50000 claimed as Additional contribution under sec 80ccd (1b)?
3) Can only be taken in either case, but not both?
Please clarify


PARESH PATEL

Kindly provide sample letter of Condonation of delay u/s 119(2)(b) in filing of Form No. 10B for AY 2018-19 to CIT


P.Harish
21 March 2020 at 22:55

TCS under Sec 206(1H)

Dear Expert , As wef 1-4-20 TCS is applicable on sales of goods above 50Lakh by the seller. There is another condition is that, no TCS
would be under sec 206H (1H) if a Buyer is liable to deduct TDS under any other provisions.

(I) want to know what is meaning of " if buyer is liable to deduct TDS.
(II) Is GSt amount would be added for calculating TCs or only basic amount.

Kindly reply