one person have share since last 20 years or more and he want to sale now but today value of share is more that 60lakh so is this exempt under income-tax under head Capital Gain as long term Capital Gain is exempt (STT paid on sale ) or he is liable to pay income-tax at prescribe rate under income-tax ?????????

Dear Sir/Madam,

Please clarify whether the limit of Rs.30,000 specified in section 194J is inclusive or exclusive of service tax. Whether TDS to be deducted on a bill amount of Rs. 32,200 in which service tax element of Rs.4,200 is included.

With regards,
Aswathy.

If the employer pays his employee Rs.15000 per month as HRA and the employee claims actual rent by giving rent receipts of Rs.10000 per month, then will the employer also reduce the amount paid of HRA to actual rent paid by employee and give him less HRA i.e. Rs. 10000 taken for calculation of salary?

Hi,

Me and my wife both are doctors and are working in a hospital on salary basis, simultaneously we started our medical practice and formed a HUF. All the receipts of practice is taken in HUF account. Please advice 1) whether HUF can declare income under section 44ADA of the Act, 2) is there any tax implication on me and my wife.

dear sir I want to know if an institution takes a policy of rs 500000 in cash what penalty will applied for the institution amt taken in 3 transactions 200000 in single day in 4 days but policy completed only one

sir my turnover is less the 1 crore and profit is more then 8 % what is advance tax liablity and last date of payment for advance tax payment

If the deductor not filed TDS return result of which no tds deducted being shown in our 26 AS then how we can claim tds ?

what is treat of intrest on ppf ac in itr 4 2017-18, under what head claim deduction on intrest income

I have filed my return for FY 16-17 in May 2017 and everified on 17th May. But still the ITR is not processed. My source of income is from Salary and rental property. Just worried why it is taking so much time. As every year it will take not more than 60 days.

a person is having income from salary,income from other sources and exempt income ,so which ITR he should file?