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Easy Office


Rahul Rogha
18 June 2023 at 22:32

ITR-4 Partner Remuneration

Partnership Firm filing ITR-4 (no other ITR option available) with presumptive tax regime with 6% income. How do I deduct partner remuneration from gross income? Only donation and political party deductions are allowed. Unable to change from ITR-4 to ITR-5. Last year filed ITR-4. No partner remuneration was given then so I never faced this.


Daya

whether Interest income annually can be booked.
I saw some company annually interest booked, is correct practice.


Suraj
18 June 2023 at 20:00

Recruiter - Freelancers income

Dear Sir/ Madam,

A person is working as Freelancer in recruitment field. I carries out all the functions of recruitment. However his income is infrequent. TDS is deducted u/s 194JA. He doesn't maintain any books of accounts. Total Gross receipt is Rs. 197143/-

Can we show this income under presumptive taxation u/s 194ADA?

Kindly guide.
Thanks & Regards,
Suraj


parthadas

Dear All,
Suppose a JV has been formed by 2 partners (50% each) to supply round the clock renewable energy to one of the JV partners ( will consume 100%).
Pl share the GST tax rate on supply of Renewable energy like Solar, Wind Energy and also from battery driven storage ( storage of solar and wind).
Pl guide regarding GST to be imposed by JV. Is ITC Available to both Seller and buyer?


Elbin
18 June 2023 at 16:55

Diwali Bonus Entry in Tally ERP 9

Diwali Bonus paid to factory workers comes under which head Direct or Indirect?


r p shankar rao
18 June 2023 at 15:07

BUSINESS CODE FOR CONTRACTORS

I need to know business code for Contractors. One of my friend did contract for a software company and company deducted Tax u/s 194C.Now he wants to show the amount received Under 44AD at 8% as profit. Please let me know the business code to be filled in ITR-3 form as he is also having LT capital gains and salary.


Daya
18 June 2023 at 12:37

Period of Advance tax paid

whether deemed Advance tax paid between 1st April to 31st March of Financial year and there after tax paid is deemed self assessment tax paid.


Daya

Interest received from Central Depository systems,
deemed from which received and is taxable income.


VIKHAS RAVI
18 June 2023 at 11:08

Deduction of Interest on home loan.

Home loan is in the name of of father but the repayment is made by son. Whether son is eligible for claiming interest on home loan.


Bhawna Dubey

One Pvt ltd is registered in 2021 & as per new agile form, they got mandatory registrations under pf & esi. But till april 23 they have not filed any pf/esi returns as they have not crossed the threshold nor filed the dormant status under esi.
But from may 23 they are liable to pay esi. So can they do anything for prior period compliances of pf & esi. And also further what do do with pf registration as this is still not applicable???