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.
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 ?
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
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.