Answers On Category: Income-Tax
A company which is into multi level marketing deducts and deposits TDS on Commission paid to its agents spread all across India. However AO has disallowed a part of Commission u/s 37(1) as it could not trace some agents through mail/email u/s 133. Company contends that onus of payees is not on it as it has completed its duty of deducting and depositing TDS. Is there any case study as such.
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karta of a HUF has passed away and the eldest son becomes the huf now. what is the legal position of share of the widow who is a member in the huf as regards to her share in the HUF assets . the erstwhile karta had already distributed assets of the HUF amicably amongst all coparceners and members during his lifetime to avoid any dispute and the new karta infused capital into the huf from his own individual assets .
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sir, Hospital A, have doctors as consultants, they provide this doctors to Hospital B to provide Healthcare services to Patients at Hospital B. Hospital B collects amount from patients, retain some amount balance pay to Hospital A. Hospital A then retains some amount and pay to Doctors. Is services between Hospital A and B regarded as manpower supply or healthcare. Will the gst be applicable
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I am the owner of the flat in Mumbai (along with the property card now transferred in my name- transferred by inheritance.) Our building is now going for redevelopment and under the Development Agreement, we will be getting certain hardship compensation - the question is weather this hardship compensation will be taxable and will be subjected to TDS provisions.
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Is there applicable TDS on Export import on ocean freight or Not?
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assessee sold the agriculture land in cash of rs. 90.00 lakhs and cash was deposited into the bank account by the asssessee. the assessee don't has any taxable income. whole cash was received at time of sale deed. whether penalty is leviable under section 269SS, if not what are the grounds.
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can this case law be applied by AO to disallow all unverifiable purchases fully? what is defense left ?
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Is unequal partition possible under tax laws ? Is order u/s 171 mandatory ? any case laws ?
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