Is there is any restriction for cash sales..... Per day...... What is the monetary limit of daily cash sales to different party........i have retail countet.... Can i sell good for cash in total of 500000....receiving from different party in a day and can the the same be deposit in the next day in current account.....

During the f.y 2016-17,I have made payment through cheque RS.42191 under Sec.80 D towards medical insurance premium for my spouse, children, myself & dependant mother,aged about 70 years.What is the maximum permissible deduction available u/s 80D.I'm told that the system restricts the deduction to RS.30,000. Please advise.R.Dayal(7/7)

My client is LIC Agent and he is got Commission Income of Rs. 1.75 Lacs for the fy 2016-17 for LIC.

So, please guide me anybody, whether my client maintain books of account or not.

Thanking you.

A person having Commission Income, having gross Receipt 2.58 lakh & taxable Income from it is Rs 2.42 lakh. whether that person can file ITR u/s 44AD ?
If no, then if person files return in ITR - 3, then whether to select yes or No on Applicability of sec 44AA ?
In same situation can a person file the return with no books of accounts maintained ?

can adjust excess payment made under section 194j to tcs

Dear Sir,

A partnership firm received rental income from one part of its own factory. Is it taxable under income in House Property Head or Income from other Sources?

I have a business in which i have a tin no. and in that records my mother is proprietor but she does not do anything. I've made her proprietor because of family pressure. Now I'm going to file my ITR can i write income of that business in my itr as that business is of very small scale and I'm also a authorised signatory in that business records.

One of my client taken a home loan for construction of house it admissible to appear in business balance sheet (as home loan in Liability side and Building Construction in asset side)

Is it correct?

Hi Can anyone help me ? A senior citizen receiving pension ..... He is not under tax limits from past 10 years ... Due to some mis calculation he received less amount of pension from past 10 years ... This year they found out the mistake and they received balance amount related to last 10 years as arrears of pension in current year ... Is it taxable in current year? arrears pension and current year pension total amounts to 8 lakh

Dear Expert please guide me that our registration is couple of month old Service Tax number but no provisional id of GST has been provided yet so that we could migrate into GST. Not even customer care number of GST is helping as my call is never answered. I request dear experts plz let me know that how can i have provisional id of GST for migration?

Thanking you in advance