Displaying all posts within 1 days


Dhirajlal Rambhia
03 March 2025 at 14:07
Posted On : 03 March 2025
In Reply To :

It person house hold expenses or own drawings limit for one finicial year

1. No limit, but should be explainable.
2. Yes, under scrutiny the details can be asked.

Suresh S. Tejwani
03 March 2025 at 13:20
Posted On : 03 March 2025

REGARDING DEMAND PAYMENT

IF PAYMENT MADE BY ASSESSEE OF DEMAND UNDER HEAD OF 300 BEFORE PASSING ASSESSMENT ORDER BY AO, THEN SUCH CHALLAN CAN BE SET-OFF AGAINST DEMAND RAISED?

Kollipara Sundaraiah
03 March 2025 at 12:45
Posted On : 03 March 2025

It person house hold expenses or own drawings limit for one finicial year

sir,
A Individual small business tax payer house hold expenses rs:4 lacs amount all transactions through bank channel paid f.y. 24-25
Question:
Assessee house hold expenses detailes and any limit provision applicable for one finicial year in it act and house hold expenses detailes asked it department as per sec 142 (1) in it act.

pradnya
03 March 2025 at 11:14
Posted On : 03 March 2025

Query on Salary structure

a) Can a company have different set of salary structure for different levels of employees ?
b) Is it legally allowed to pay 100% salary as basic salary ?
c) Is it allowed not to include HRA in salary structure if employee agrees for the same ?

Manoranjan Das
03 March 2025 at 10:40
Posted On : 03 March 2025

Rent Due TDS and GST Impact

Sir/ Madam, Rent is hiked by landlord with preceding effect. Kindly advise is there any TDS and GST impact on it passing entry on current date.
Regards
Manoranjan Das


 



 

Nikhil Kaushik
03 March 2025 at 00:36
Posted On : 03 March 2025
In Reply To :

Capital gain on sale old house

generally the assessee makes claim that lack of receipt of consideration should lead to cancellation of sales and hence, no capital gains. There are several case laws for that. However, in case you are not disputing the sale itself, then the capital gains shall remain taxable and you may have to manage cash to reinvest for claiming the exemption.