Hi.

A domestic company has the sole income of interest from FD / savings account.

Whether any expenses like professional fees, Misc exp, bank charges etc can be availed as deduction in computing the total income of the domestic company.

Please advice

Thanks in advance

I have query regarding letter of credit. Can we issue LC for supply of service from India to Oman

Sir SELF ASSESSMENT TAX for the fy-2017-18 paid in year 2018-19 where is to be shown in capital account or balance sheet

Can i claim 80 D deduction of medical expenditure on senior citizen parents desipite not shown in Form 16.

Dear sir,
There were two electricity security deposit given by company but the previous accountant did not make one deposit entry in the tally. It has been over 10 years . We have found this year that one deposit is not posted in the tally.my question is what should I make entry this financial year?

Regards
Sadhan

I received a letter u/s 142(1) for A.Y 2017-18 for a Partnership Firm. on the Letter the A.O telling me to submit my return immediately. but i cant find any option to upload the income tax return. I only find to attach various documents like balance sheet, profit and loss account etc. But i want to upload the Return. Please help me to solve the problem. I have only 2 days left for the reply.

Any progress in extension of due date tax audit return for AY 2019-20

Transfer of property between trust registered under 12A is made without consideration.what is the impact of income tax? If such transfer is exempted how to show in the income tax return?

My father was a prop. of a firm and he died on 23-03-2019 due to sudden heart failure. I registered my self as a successor prop. of the said firm. Now department is asking to pay tax on Stock available on 31-03-2019. I said to department that it is transfer of ownership and my father had not sold the goods to me. And I am regularly doing the business in said firm as present prop. and using same stock to manufacturing the goods.


However, the GST department contented that you should support your explanations etc. with some rules and regulations of GST. So, that we can believe that you are correct and we are not. Kindly help me in this matter. Thanks in Advance.

Hi, We are purchasing Domain from godaddy also renewal of domain. whether we are require to deduct tds? than under which sec & tds rate. Also we are require to file 15 CA form ?