Dear All.
As per Section 115BAB of Income Tax Act, Income tax on new domestic company incorporated on or after 1st October 2019 be 15 %.
Is that provision will also be applicable if we convert partnership firm into private limited company under part I of Companies Act,2013 ?
Thanks & Regards,
Dear All.
As per Section 115BAB of Income Tax Act, Income tax on new domestic company incorporated on or after 1st October 2019 be 15 %.
Is that provision will also be applicable if we convert partnership firm into private limited company under part I of Companies Act,2013 ?
Can money transferred between a private limited company and LLP in which both director and designated partner are same, Deemed Dividend under Section 2(22)(e) of income tax act is applicable or not
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Is it possible to apply for strike off without filing income tax return? Company has not commenced its operations since incorporation(2015) also no annual filing is done till date.
Facing problem while preparing P&L account for the F&O Trader under tax audit. The turnover, in this case, is Profits + Losses + Premium on options if any. So if this is the turnover, then how to get to the net profit/loss in the P&L account? What will be the value taken for the purchase?
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Kindly suggest,
The private limited company has passed EGM for voluntary winding up u/s 59(3) of IBC on 23/03/2019. During the FY 2018-19, the company has received other income i.e. interest income.
Now, it required to do the audit and file Income Tax Return for the FY 2018-19 before submitting PAN-TAN?
Thank you.
In case of companies form 29B of income Tax is compulsory or applicable only when MAT has been paid?
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income
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Dear Members, Kindly clarify whether there is any applicability of Income Tax on membership fee received by housing society ?
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