A foreigner wants to become a member of NPO/NGO or trust in india and these said categories are already FCRA registered. Can he become a members in these ?
Whether every commission agent is required under GST irrespective of turnover 20 lacs or only PURE AGENT , every commisson paid on sales is required registration by the recipient ?
Hi Guys,
My question about investment
I want to invest in a company , So what should i check before investing in a company.
Regards
Please resolve following query
We have Winman Software for income tax returns.
In one of our client, we are showing books not maintained case for 'Non specified profession'.
Client is having retail business.
So when I am selecting 'retail business' in nature of business following query gets occured
Please check! You have entered 'Gross receipts from Profession' in 'ITR Data entry' window but not selected nature of profession in 'Nature of Business / Profession' sub-table under 'ITR Information'. Please enter the same. Otherwise, return may be defective u/s 139(9).
Basically winman software is saying to select 'profession' in nature of business coloum.
However according to income tax act Non specified business includes both business and profession.
Dear Expert,
I am salary person, I sold one property and against that purchase one new property from the same Builder in FY 2016-17 (AY 2017-18) and that details i was shown in my Return the same AY (it was reflected in my 26AS also u/s 94IB payment wise TDS deduction) taken deduction u/s 54.what ever was LTCG.
NOW in FY 2017-18 (AY 18-19), i have made some payment which was balance due against above property Purchases and this is same reflecting in my 26AS, so how i can treat or shows this amt in my return, because property details i had already show in my previous year.
Kindly suggest me urgently
Thanks
Sir,
As speculation business is considered under section 44AD of Income tax act, how can we show loss from speculation business without getting audit under section 44AB ? Because as per section 44AD if the presumptive income is less than 8% or 6% as the case may be, it will result into tax audit. So what is the way out in this matter ?
Sir,
I have submitted online IT return for AY 2018-19 alongwith Form 10E. I have received salary arrear of FY 2015-16, 2016-17 and 2017-18 in FY 2017-18 and TDS deducted by my employer for Rs. 7382/- in FY 2017-18. I have used calculators available in Google and also the one available in income tax web portal for filling up the Form 10E. It was showing a refund of Rs. 3780/-. IT Department has processed my return and sent me intimation u/s 143(1), which shows NIL refund. Can you please help me in this matter?
Regards
Abhijit Kundu
A Person located in India is providing services related to electricity department and related works such as feasibility report preparation, TEV study and government liasoning to clients located outside India. These services are provided by a person not exclusively to just one client but to all other clients and invoice are also made by him in US dollar and money also received in US dollar. so whether this is export of service or not?? and whether a person can be termed as intermediary for foreign Client or not??? what will be the GST impact on this transaction?
we want to sale a immovable property then amount which was received on such sale we want to invest in FDs as we can earn interest. The bankers saying that during the year the if any person was deposited more than 2lac it leads to some problem like IT notices. Till now we are not income tax assessess.Please guide for tax planning
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Can a foreigners become a members of npo,ngo,trust in india.