V
Vinay Kumar
Two pan cards ?
one for company and one for individual. Would this be illegal ?
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No this wont illegal. In an individual holds 2 PAN or Company holds 2 PAN each then that will be considered as illegal.
T&C applyP
Pawan Mishra
Advance against sale of land is in which schedule in can be mention
Please give me the name of schedule , here company is Ltd.
K
Karthik
Due to COVID restrictions we couldn't make rental agreement for 2020-21. want to know if i can have rental agreement now with effective from 01st of April 2020 to 01st of March 2021 or suggest me right way to claim my rental allowance as exemption
Yes you can make rent agreement now. If you are a salaried employee and your employer deducts TDS on your salary then give the agreement along with rent receipts paid now to your employer. He will adjust the salary and TDS deduction accordingly.
T&C applyM
Manu
I want to know, income from Capital accounts is taxable at what rate in case audit of firm is not happened?
Please elaborate your query. Are you talking about interest on Partner's capital account? Interest on Partner's Capital is business icnome and taxable on the basis of slab rate applicable to individual.
T&C applyS
Sarah Khan
I am an NRI person, I do have an NRI account in an Indian bank.
My question is that my mother is a retired govt teacher, she wants to transfer money in my NRI account for my marriage.
How can she transfer it without paying any tax?
And do i need to pay a tax for receiving that money ?
