Dear Sirs
Our client is an NRI Director, residing at Hong Kong
OTP verified for both mobile & Email
but not able to submit the form & to generate Challen for payment of Rs 5,000/- and to reactivate DIN
Experts, please advise how to proceed

Should i show and depreciate Windows operating system purchased with office computer with tangible fixed asset block along with computer value, or do i need to show it separately as intangible asset? My confusion is because income tax act group "computer including computer software" under tangible asset but as per AS10 and AS26 they should be shown separately.

Whether an investor invests in capital market in equities,bonds,mutual funds,sip etc where no selling during the financial year,only investment, as a salaried person which ITR should file?

Trader are eligible in section 43B(h).

I run a digital marketing agency, and it is registered under LLP. I work with one freelancer and make her monthly payments. I have not deducted any TDS while making her payment so far. Should I start deducting TDS? And for past transactions, is it possible to file TDS? Please note that I have not held any TDS from past payments, and the transaction value exceeds INR 25K . Thanks.

sir

i have two questions

For a Director of a Pvt Ltd Co.The company takes a car loan for the Director.It is used for both official purposes.The EMI is paid by the company.Is the interest paid by the company considered a perquisite for the Director?If so what are the income tax implications

Do u have any site or reading material where it is possible to understand which are treated as taxable perquistes as per the IT act.
thanks and Regards

How much is the taxable income for the fy 23-24 in the following case

Individual
Less than 60 yrs
Salaried class-old regime

Income from salary-400000 (from employer 1)
Income from salary -300000 (from employer 2)
80 c-150000
Standard deduction-50000
Gratuity received during the year from employer 1-50000

Sir,
A RTP maintained a pharmacy Stores turnover rs:1.50 crores yearly regular scheme in gst act.
Question:
Dealer purchase of medicines credit based payments msme provision sec 43(b) applicable.

One of my client engaged in aluminum utensil manufacturing.

His raw material purchase is in 18% and sales goes in 12%.

Refund applicable as Inverted duty structure.

For how much old period we can apply for refund under inverted duty structure. If we applying quarterly then now for which period we can make an application for refund?

Mr. A is an agent between fisherman and the companies/entities. Company/entity will pay entire amount(incl. Mr. A's commission) to Mr.A's Bank account and from that Mr.A will transfer/pay the amount to the fisherman. Mr.A will declare his turnover/income to the extent of commission received.
After introducing Sec 194Q, now the companies started deducting TDS on payments to Mr.A. Whether Mr.A should show the entire amount received from company/entity as turnover?
If Mr.A is showing the entire amount as turnover then he will cross the GST limit of Rs. 20 lakhs. If so, at what percentage GST will applicable to him?