Nitesh
01 June 2017 at 19:36

Allowances

my employer not show children education allowance and medical allowance in form 16. Can i claim medical allowance of rs. 15000/- and children education allowance rs. 1200/- in itr for f.y 2016-17 and claim refund?

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Piyush Shirodkar
01 June 2017 at 15:53

Tax Audit

*For a partnership firm for AY 2017-2018:* If a working partner is drawing a remuneration, is tax audit applicable for that partnership firm (even though the turnover is below the limit i.e. Rs. 2 crores)?

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Vivaan

kya mujhe koi bata sakta hai ay 17-18 ka return kab tak ja sakta hai

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Prateek

If Personal Expense of Director is paid by Company then either we can disallow it in the Income Tax Computation or transfer the payment entry itself to Director's Current A/c in books. Which treatment is more appropriate in accordance with Income Tax Act and Companies Act.

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Vinothini
31 May 2017 at 12:33

EVC Generated

Generated EVC not accepted by IT website saying invalid code.. Help me

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vinayak landge
31 May 2017 at 10:02

Tds return 24q

What should be the amount paid/credited in case of tax deducted on salary of an employee in TDS return of 24Q, i.e. the amount after exemptions(net salary) or before exemptions u/s 10 (gross salary). If we take gross salary an employee can claim the exemptions while filling his income tax return, can't he? and vice versa?. Please help. Waiting in anticipation for your reply.

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Harshita
31 May 2017 at 08:50

Cost of Acquisition

If a self constructed house is sold then what will be the cost of Acquisition, if land was purchased seperately in a different year and construction completed in different year?

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avinash deokar
31 May 2017 at 07:17

Tds message from itdefl

Received below message, can someone help me understand this and next course of action.

Total TDS by Employer of PAN XXXXXXXXX for Qtr ending Mar 31 is Rs 82,037 and cumulative TDS for FY 16-17 is Rs 2,03,786. View 26AS for details

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Ravi Srivastava
31 May 2017 at 02:37

income tax problem

I'm service man. i have take a personal loan of 5 lakh Rs and now I want to give this money to my mom for payment of balance amount of her property in local authority. how can I do? what is tax treatment for mom & me?

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RAMDEVA RAM JYANI
30 May 2017 at 23:33

Section 44ad

Dear Sir, please clarify the following situation relating to applicability of Tax Audit

1. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 4,50,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

2. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 1,60,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?






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