D
Dhiraj Gupta
My Employer had shown extra salary amount in form 16 and now he is revising my form 16 by removing extra amount but still previous amount is seen, please help to know why it is not showing corrected amount.
Facebook
Twitter
Linkedin
Hi Dhiraj, not clear where the amount is not correctly seen. Employer has to file the revised TDS return. Once it is done, it will reflect in 26AS
Dhiraj Gupta 14 Oct 2020Hi Yash , Thanks for your reply
My employee has revised the Annexure 1 and Annexure 2 of conso file of quarter 4 but still the old amount is showing in form 26AS and form 16
Please call on 7045760379
Dhiraj Gupta 14 Oct 2020okay sir
CA Namita Agarwal 6 Nov 2020Hope your query is resolved
T&C applyM
Mukund
IS NORMAL RECEIPT VOUCHER NUMBERS ARE TO BE DISCLOSE IN GSTR-1
No, Receipt Voucher where advance payment is received only needs to be disclosed in GSTR-1
Ref : A.Section 31(3)(D)of CGST Act
B.Rule 50 of CGST Rules
R
Rajib
Hi, My residential status is RNOR (Resident But Not Ordinarily Resident) and planning to take up a freelance employment with a foreign employer who has no representative office in India. They pay salary by international bank transfer. Since no TDS is deducted, I would like to know the tax implication for this as an RNOR. Is there any service tax need to paid apart from normal income tax, as it's a freelance work ? If yes, what would the % of this ? What document (like payslip etc) is required to prove that it was a Salary payment ? Any help would be highly appreciated. Thanks
Hi Rajib,
When you state it's a freelance work, that itself says you are not employee of that company and instead it means you are providing Services to Companies located outside india (RNOR has nothing to do with this) instead you need to get consulted on whether GST Implications are applicable (Else you might face a penalty of 18% on total value), to prove that payment was salary payment, you should have appropriate documents, evidences that you and your payer have employer employee relationship and not contractor contractee.
I hope you got the point.
J
Jaya
My bank deducted TDS on fixed deposit in 2017. Can I claim the tax amount now 2020. My income is less than one lakh per annum for past 10 years. The fixed deposit amount was received from my father's savings after his demise.
Hi Jaya
TDS normally needs to be considered in the year in which income is offered to tax (in your case it is 2017), would advise to revise the return or in the year 2020 do manually consider the same to obtain the tax amount (if in case it is not utilised to pay any old tax)
V
Vive
Hi..
i do trading in forex ..but when i surf online i read that forex trading which does not involve INR pair is banned by RBI...and people mostly trade forex involving GBP USD JPY PAIRS which does not involve INR...so how do people trade forex in india..? how to bring money earned in profits doing forex trading with international brokers..?? Many international brokers also works in India like IQOption .FXtm..? is it safe to trade with them..??
