Hi ,

How to report Dividend received from Mutual Funds

In Exempt Income Schedule there is option for only Dividend received from Companies...

Please guide me

My company has given the contract to the Electrician for installation of Electrical goods for new branch office.
Electrician has raised the bill to my company . Bill Value includes purchased of Electrical goods of Rs 580000/- and fitting charges of Rs 105000/- and delivary charges of Rs 15000/-.
Please inform me the on which amount TDS to be deducted U/S 194 C.
Please inform me the Total Bill Amount will be Asset or Repairing Exps for the new branch office.

For calculation of Income U/s 44AE what is meaning of gross vehicle weight of which exceeds 12,000 kilograms whether weight of empty truck or loaded truck .

My name on
X class : Mohammad Ghouse Pasha
Intermediate : Mohammad Ghouse Pasha
Btech: Mohammad Ghouse Pasha
Aadhar card : Mohammad Ghouse Pasha

PAN CARD : Mohammad Ghouse Pasha


But I cannot link pan and Aadhar cards as the name in the IT department server is Ghouse Pasha Mohammad.
What should I do???

Hello guys, I want to opt for maintaining no books of accounts as per ITR 5, last year I have shown books of accounts and this year I wanted to opt for no-books in ITR. Please share the pro and cons for doing this.

Hello All
I want to know that:-
I got completion certificate of property which I built for my residential purpose Jan 2019. Can I claim deduction of Rs200000/- u/s 24B for the A.Y 2019-20?.
Property is in my possession from 2014.
Pl advise.
Regards

Hello Experts, I have a partnership firm and my turnover is 126000 for FY 19-20 and my net profit after deducting interest on capital is 6300 which is less than 6%. The tax liability in this case comes to 1900 approx. So do I need to do tax Audit in this case as profit is shown less than 8%. If yes, please let us know if there is any way to avoid tax audit as that would be real burden on us to do Tax audits? Please guide and suggest.

One of my client run an educational institution and the institution total receipts are less than one crore. Hence the same is not table by virtue of Sec 10(23c)(iiiad) of the Income tax act. However while filing the return i forgot to mention the aforesaid section and wrongly mentioned as 12A Registered society. The CPC while processing the return disallowed entire expenditure and taxed at Maximum marginal rate.Now I am unable to file both rectification as well as revised return because the system didn't allow me to file the return. How to resolve the issue

Whether Insurance premium paid under Money back Life Insurance Plan is eligible for deduction U/s 80C or not???

Hi
My clients' Section 24(b) claim for interest on home loan has been restricted for FY 2016-17 by the department to Rs 2 lakhs , However the restriction has been imposed from FY 2017-18. Despite so many grievences and letters CPC is not responding and concerned ward is also not answering .
Please guide me.