I am a business person & I have already submitted my online response at my portal for cash deposits after 8 November.
I have received a fresh mail from IT deptt regarding submitting response for deposit in same account for which i have already submitted response to.Also in my portal they have summed up total amount more than my actual deposits.
What should i respond now ?
Please share meaning of Turnover for the purpose of section 44AB Will it include VAT.
Answer now
Hello....
The Query is that.... If an Assessee during FY 16-17 has Salary Income and Income from Intraday Share Trading and from Short Term Capital Gains from Shares then he will have to File ITR-3 as per new ITR forms for AY 17-18 disclosing salary income and speculation business income (from intraday trading) and short term capital gains ????
In such a case what will be the turnover for speculative business income (Intraday Trading) ??
I have booked an apartment and for installment that is paid to to builder as the buyer I have deducted 1% TDS, hence my 26AS shows enteries under Part F. In 26AS Part F - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA(For Buyer of Property) My question is. When I file the IT returns, Do I have to mention these details in the ITR 1 form , If I have to then under what section should I mention them, since I am the buyer of the property.
Thanks,
Ritesh
ABC & Co. a partnership Firm Having a profit before remuneration is Rs.36000 and Rs. 36000 is distributed as remuneration to the partner. Therefore profit after remuneration is 0. Is the partnership Firm is required to get its accopunt audited U/S 44AB.
Answer nowDear Sir,
I have Filled ITR2A for AY 2016-2017.I got this intimation U/S 143(1) regarding same.
I have checked the Initiation Letter, but I am Not Understanding reason for sending intimation U/S 143(1)
Column 44 Total outstanding demand and interest payable under sec220 (2) is 0
Column 45. NET AMOUNT REFUNDABLE is 0
Column 46. NET AMOUNT PAYABLE is 0
What will be the reason for sending this intimation?
itr for a.y. 2015-16 is not filled by me . the belated time period for return filling has also been expired now what can I do. pls help???
Answer nowi am having a partnership firm. we had given our sheds on rent . also we got interest on deposit after tds cutting. total income is less than 3.75 lacs. after salary to partners & interest on capital, the np is below 2000.
is it required to get income tax audit as the np is below 6 % or 8 %
what would be the consequences of filing return for FY 16-17 after 31-07-2017.
Answer nowDear sir,
Can anybody help me on ITR-1 e-filing for F.Y. 2015-16 and F.Y. 2016-17. What is the last dates.
Best regards,
Sanjay Sharma
9896103637
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Cash transactions 2016