Priti Tawari

Can A company claim the benefit of Depreciation and other related expenses of vehilce in the name of Director. The Company has not paid 100% value of Vehicle but payment has been released as per the agreement with the Director.


CA SRINIVAS K

Hi
Assesse has employed in the Indian company till April 2016, thereafter went to Sigapur for employment purpose of the same company and he came back on January 2017, here as per the section 6 of the Income Tax Act 1961, he is Non Resident of India.
further stating that,
>He received the salary in Singapur and paid the applicable tax in that country during April 2016 to Dec 2016,
>He also not received any salary in Indian salary account during the April 2016 to Dec 2016,
>He received salary from Jan 17 to March 17 from Indian company in Indian salary account.

As per my understanding assesse is fall under NRI status so he no need to pay the tax on income earned during the period from April 2016 to Dec 2016,
But Indian company has deduct the TDS for whole year.
Based the form 16 issued by Indian company AO has considered, assesse is the Resident of India, and he need to pay tax on global income.
Here i need to understand that, whether he need to pay tax on whole year salary or only from Jan 17 to March 17.


KAPIL SHARMA

Can I book our company's director personal internet expenses in our books? If yes, please suggest entry for the same.


vivek

Dear Experts,

Greetings!!
Kindly suggest how to Get/Refund of available ITC at Electronic Credit Ledger.


Aryan

Dear PF Expert,

I have a question that even after completing 58 years of one of our employee, we kept depositing PF in his pension fund account, now he is 60 years old. Now my question, what will happen now, how to recover that amount, which was we deposited from 58 years to 60 years (Two year fund) etc.

And what should be done for this.



Mahabir Prasad Agarwal
02 February 2023 at 16:57

Generation of GST E-Way Bill after 3 days

Can we generate e-way bill on 02.02.2023 against a invoice dated 31.01.2023
?


soniya

Can anyone share the detailed procedure (video or link) to register a Religious Trust under section 12A of Income Tax Act.

Thanks in advance


AJITHA KAIMAL
02 February 2023 at 14:40

Business loss 1

in case of opportunity gain ie our decision regarding selection of alternatives was right we actually don't gain extra by that opportunity gain. is it the same for opportunity loss. is opportunity loss or gain acting as just an indicator that reflects our business decision


Shikha gupta
02 February 2023 at 13:47

TDS on Cersai

what is the rate of TDS applicable on Cersai fees and under which section it will be applicable


shinu
02 February 2023 at 13:44

Capital nad commencement

Company incorporated on dec 2021..bank account opened on April and filed commencement on April 2022..pls help how to show paid up capital of 10000..is it possible to show as cash for that period 21-22?