TAX DESTINATION

Query - 01. I have one client whose Income is consist of Salary for first Quarter. Whereas throughout the year his rest income was from the income form other sources  However in Q.4 he had delivered some professional services and his tds was deducted u/s 194JB for the same and that income forms 20% of his total income. So, I would like to confirm whether he should file form ITR -3, or ITR -4 ?? Your valuable inputs and suggestions would be highly appreciated. Query - 02. Partner of a partnership firm is on payroll of the firm and drawing fixed salary of Rs. 2,50,000 p.m. He is also paying PT on the same.  - TDS is not applicable because there is no employer employee relationship! Hence no TDS under sec 192. still do we need to deduct tds 194J since he is drawing a fixed payment of 250000 p.m ? Share your views in comments section below

Query - 01. I have one client whose Income is consist of Salary for first Quarter. Whereas throughout the year his rest income was from the income form other sources  However in Q.4 he had delivered some professional services and his tds was deducted u/s 194JB for the same and that income forms 20% of his total income. So, I would like to confirm whether he should file form ITR -3, or ITR -4 ?? Your valuable inputs and suggestions would be highly appreciated. Query - 02. Partner of a partnership firm is on payroll of the firm and drawing fixed salary of Rs. 2,50,000 p.m. He is also paying PT on the same.  - TDS is not applicable because there is no employer employee relationship! Hence no TDS under sec 192. still do we need to deduct tds 194J since he is drawing a fixed payment of 250000 p.m ? Share your views in comments section below

If employees & directors of #company spent amount on Movie tickets & , #ipl2022   tickets and got the reimbursement amount from company, 01.Can company claim ITC or GST credit on same? 02. Can company claim it as expense under IT? 03.Is it taxable for employee in his personal IT?? Check out the query posted in our blog!! and share your views in comment section.

If employees & directors of #company spent amount on Movie tickets & , #ipl2022   tickets and got the reimbursement amount from company, 01.Can company claim ITC or GST credit on same? 02. Can company claim it as expense under IT? 03.Is it taxable for employee in his personal IT?? Check out the query posted in our blog!! and share your views in comment section.