Assessee had given 10 lakhs loan to the seller 5 years back. Seller later shifted to abraod for employment and is a NRI now. Unable to repay the loan ,seller is now selling his land for 8 lakhs as a settlement of the loan. Will TDS apply and from which date-
tally single user use multiple PCs through Lan is possible
Read more at: https://www.caclubindia.com/experts/ask_query.asp
Assessee is a co-operative society. Main Income is interest from loan to members. Expenses includes interest paid to members on their deposits. It has also deposits with banks from which interest is earned. Net income as per the audited accounted(Audit under co op societies Act) is Rs. 66000.00 only. Under which head of income this net income to be shown while filing the return of income.?
Hello,
I have intimations in Compliance section in efiling portal related to PF withdrawl in FY 2013-14 & 2014-15.
This happens for less than 5 years of service. Now, parallely, there are no ITRs filed for these two years.
How to respond to this situation. Portal is allowing to submit old returns So, I should take PF amount withdrawn and Form 16 income and then file return. Any views from experts....most welcome.
Thanks, Sunil
How to dispose off the balance kept in Capital Gain A/c of the Deceased when Nominee is registered on the Capital Gain A/c
Hello Sir, I got a Notice 139 (9) with error code 310, But all income having Sales commission and not maintaining books of account ..then can I Show only Cash balance as per Part A- BS, Point no. 6 to select not maintain books of account, then it will be ok or not ?
Church have purchased liquor for human consumption to serve this as a tirtham and sale it to its Branches for some profit then whether this profit is taxable as income and also GST implication on this sale of liquor and serving as a tirtham?
WHETHER WE CAN TAKE ITC OF GST PAID ON HOTEL BILL IN CASE OF A COMPANY
Can employer allow deduction u/s 80EE to employee or is employee supposed to claim it in IT return
Reards
how can i resolve the mistake in filed GSTR 3B of previous month ?
the total taxable value which entered in table no. 3.1(a) was much higher than the actual value.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
TDS