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
Click here to view / answer Share it onDear Members,
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?
Click here to view / answer Share it onDear Members,
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?
Click here to view / answer Share it on
income
Dear Sir / Madam, Pleased to share my latest published article with the quotes of eminent personalities. The hardest thing in the world to understand is the income tax. Albert Einstein, Theoretical Physicist If the Lord loveth a cheerful giver, how he must hate the taxpayer! John Andrew Holme, Poet & Critic By end of the day, the said journal will reach across the country*. * Including the Finance Ministry, Task Force on Direct Tax Code and well known Senior Tax Advocates / CAs in the southern part of India.
Click here to view / answer Share it onIs rental income from sub-letting chargeable to tax under the head “Income from house property”?
Click here to view / answer Share it onPlease explain me about the first time application (from Assessment Year 2017-18) of reporting requirements of Country By Country Reporting (CBCR) by Multi-National Companies/Group Companies in Form 3CEB(A-E) for Transfer Pricing (Foreign Transactions and Specified Domestic Transactions) with Associate Enterprises at Income Tax Portal.
Click here to view / answer Share it onDoes provisions of s. 72A of income tax Act override s. 79 of income-tax act 1961??
Click here to view / answer Share it onincome
Dear Members, Kindly clarify whether there is any applicability of Income Tax on membership fee received by housing society ?
Click here to view / answer Share it onPlease tell me the Benefits available to OPC under Income Tax Act, 1961 which is registered under Companies Act, 2013
Click here to view / answer Share it onPlease tell me about ICDS and it's effective date to Report in Tax Audit Report Form 3CD
Click here to view / answer Share it onicds
applicability
standards
disclosure
computation
income
