Here is Portfolio page of Sanjay, with all his work

I had instructed Suresh, a transporter, to send a consignment of apples to Mumbai. After covering half the distance, Suresh found that the apples will perish before reaching Mumbai. He sold the same at half the market price. Now can i recover the full price of Apple from Suresh ??
Dec. 13, 2017
I am a resident Indian trader. When my trade suffered losses, I have known to take sums of money from my parents and my wife's parents in cash over the period of one year. I know that any gift from a relative is not subject to income tax. But how do I have disclose this amount in my ITR without paying tax on it?
Jan. 08, 2018
I have been in India from oct 2015, I have not purchased any assets after that. After a year later I got a job in october 2016, at a salary of rs.40000 per month, they have deducted TDS not mentioning the amount deducted, Now june 2017, I went a to the auditor because Since I got job in india, stating rs.8000 as salary total no breakup given. The auditor told he will charge rs.2000 per year. Without NRE account involvement. Do you think it is reasonable.

Jan. 08, 2018
If Mr. Diaz commissioned Mr, Khan, an artist, to paint a portrait of Mr. Diaz for 200 dollars. But Mr. Khan uses his own canvas & paint then, what type of contract is it?

Dec. 18, 2017
What is the meaning of Holder under Negotiable Instrument Act??
Dec. 13, 2017
..... Please conform whether the following statement is true or not? "Income deemed to accrue or arise in India to a non-resident by way of interest, royalty and fees for technical services is to be taxed irrespective of territorial nexus”.
Dec. 08, 2017
.... Dear Sir, I have filed 24Q3 for 201718 wherein it is observed that statement is processed with defaults. On downloading conso file i noticed that there are about 07 records where updation was neccessary. Out of total 11 records 07 records were corrrected/ updated. File was created but in Form 27A I noticed that total amount of tax deducted shown as Rs.10500/- where as total deposit is RS.15500/- . Rs.10500/- shows the record updated tds where as Rs.15500/- is the tds of all 11 records for that quarter. Now my question is that is it okay ? The deductee records which not need to be updated should be kept untouched or in all records updated should be marked. Will the tds will be credited to such untouched deductee records ? please answer thanks advance mey
Jan. 25, 2018
....I have heard there are certain concessions which are granted to transport operators regarding cash payments under section 40A(3) and deduction of tax at source under section 194-C. Can u please brief me about the same...
Dec. 08, 2017
Hi,
I am a homemaker and now become a short term investor in the stock market since this year. Can my short term capital gains be considered as my income as I have only F.D income which is about 40000, if STCG is less than 2.5L. Further, if I am a short term investor who sell stocks with in few days/few weeks, if the traded amount exceeds 1cr in a year, do I need to get it audited ?

Jan. 05, 2018
When does a partnership firm get liable to mandatorily audit books of account?
Hi
I am an active partner in a partnership firm. My firm operates from an office on rent and has a tenacy agreement with the owner. This agreement stipulates that the firm deduct TDS from the rent payable(around 2.2 lakhs per annum). Can we argue that our Books are not audited and TDS not applicable?

And finally, When is a person running a business not liable to deduct tax at source for the rent paid by him for his office.
Jan. 08, 2018

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