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115bac

Direct Taxation

answered on 22-May-22 09:49

Can someone please explain this In image rounded

latest answer

Rule 3(7)(iii)

nisam M

nisam M

CA Final

23K+

3

474

115BAC

Direct Taxation

answered on 21-May-22 06:31

which standard deductions are referred here ?

latest answer

50000

nisam M

nisam M

CA Final

23K+

2

447

115BAc

Direct Taxation

answered on 21-May-22 11:41

What are the deductions for unit in special economic zone

latest answer

You can refer free notes section Income not forming part of total income- pdf Page no 9 (Sec 10AA)

nisam M

nisam M

CA Final

23K+

3

492

115BAC

Direct Taxation

answered on 21-May-22 09:15

What are the specified special allowance under 10(14)

latest answer

.

nisam M

nisam M

CA Final

23K+

2

464

TDS

Direct Taxation

answered on 21-May-22 10:10

Can some one pls tell me what does this 194p tells and why is the TDS rate and limit

latest answer

It is relief given to senior citizens of age more than 75 years. You can go through the provision in this video https://www.youtube.com/watch?v=m7NV-PceGLk

nisam M

nisam M

CA Final

23K+

2

535

TDS

Direct Taxation

answered on 21-May-22 15:51

friends what does services facilitated through digital or electronic factory or platform

latest answer

No TDS if ecommerce participant is Individual or HUF & gross amount of such sale or service or both is up to 5 Lakhs during PY

nisam M

nisam M

CA Final

23K+

5

534

TDS

Direct Taxation

answered on 21-May-22 11:03

can some one pls simply this pls refer the image

latest answer

Thank you sir

nisam M

nisam M

CA Final

23K+

4

552

TDS

Direct Taxation

answered on 21-May-22 15:58

Friends any easy way to remember the limit and rate of TDS

latest answer

Ok sir... thank you

nisam M

nisam M

CA Final

23K+

4

503

TDS

Direct Taxation

answered on 21-May-22 10:02

what is the meaning of units (see)

latest answer

a. Units of mutual funds b. units from the Administrator of the specified undertaking c. units from the specified company,

nisam M

nisam M

CA Final

23K+

1

468

Deemed receipt section 7

Direct Taxation

answered on 22-May-22 09:41

Can some explain me with an example How and when is Tax deducted at source is deemed receipt Deemed profit is a deemed receipt

latest answer

TDS is treated as income to the assessee. When an assessee earns income, the person paying to the assessee will deduct the TDS and that will be submitted to the government. It is like an advance tax taken by the government on the income of a person. The assessee will file the TDS return and whatever tax is calculated on his total income will be deducted and the final amount will either be a refund or a demand.

nisam M

nisam M

CA Final

23K+

1

510