Dear sirs,
i am Senthilkumar, working in a Construction company. we have Ajax & JCB and we are giving this vehicles for rent to another company, in that we raise bill for that, my query is as we entered this transaction in Sales or waht? please suggest me
I had purchase M S Angle for factory building expansion purpose saller showing loading charge on invoice of Rs. 2000/-, & freight 5000/- total bill amount with GST RS 15,00,000/-, should I deduct TDS on this invoice under labour charges, Kindly guide
One of the clients due to lockdown and financial issue unable to commence the business in last couple of years not even filed Inc 20A till now, ROC issued form stk1 due to non commencement of business after 180 days from the date of incorporation, how to handle this complainces with ROC to remove the company name in ROC
I am unable to file my IT RETURN FOR 2021-22 FY. MY INCOME IS LESS THEN RS500000/ AFTER TAX REBATE I WON'T HAVE TO PAY ANY TAXES UNDER OLD REGIME.
WHAT PENALTY AND LATE FEES WILL I HAVE TO PAY? PLEASE ADVISE?
Hi
Can we take 80 c to u deduction of income tax after due date 31.07.2022 in income tax returns?
We have a firm which has earned a profit of Rs.9 lakhs last year (fy 21-22) One of partner has retired and a new partner joined the firm in feb last year (feb'22) . Now when we pay retiring partner's capital rs.3 lakhs + rs.3 lakh profit and int on capital rs.45000. How much income tax liability retiring partner will have ?
Will the retiring partner have to pay tax on entire Rs.645000 ? Asking this question as someone told me that retiring partner does not have to pay income tax on any amount he gets on retirement from firm. Is this true ?
I have some Short Term C G ... how do i show it as business income without maintaining book of accounts ..
Sir,
It assessess rs:15 lacs shareing amount from selling for inherited property in f.y.21-22.
Question;
Assessess received amount treatment in it returns and books .
Urgent
partnership firm incorporated in march ending 2022
bank account opened in may 2022
there were no transactions in F.Y. 2021-22
do i need to file nil return?
CAclubindia
Construction Equipment rental