Sir, how is the employer's share in pf a/c of the employee treated? Whether it is a savings or income for the employee. Does it affect the filling of returns.

i eant to know the amendmentd for taxation in ipcc for the nov 2016 exams

sir, can we revise a return even after rceiving the initimation u/sec 143 1. pl clarify. The original return was filed before due date.

Pleaes provide the solution of the following querry:

If a person discloses rs. 1 crore worth jewellery in income disclosure scheme 2016 and he want to pay entire tax in cash then what amount of cash should also be disclosed to cover up the tax amount so that rs. 1 crore worth jewellery may remain in his hand.

Dear all
A Partnership firm was running with two partners on 13.07.2016 one partner was died and business discontinued now is to necessary to draft dissolution deed if yes kindly send me a format of dissolution deed my email id is ymnsrao@yahoo.co.in

Hi all..

If the mediclaim insurance paid by the employer then
i) can an employer claim insurance as expense or it is to be added to salary?
ii) Can an employee claim it as 80D deduction?

Thanks,
Vijay Mariyala

a land co-owned by husband and wife is sold and the capital gain is utilised for extension of their old house property which is in the name of the husband. while filing IT Returns can the wife avail the exemption of capital gain inspite of the house property being in husband's name

can someone please help me understand tax implications if i have salaried income in india as well as hong kong during a year with duration of stay in india being more than 182 days? Arun

We paid our to parties full amount of expenditure as we booked , later at the time of finalisation we paid TDS to department. As a result our creditors showing debit balance, how to close their balance,
Ex: Expenditure:- 80000/-
Paid :- 80000/-
Later TDS deducted and paid :- 16000/- they are not our regular parties.

Even if we book any expenditure is that allowable as expenditure.

Dear Experts,

I have a query

can I receive cash exceeding rs 20000 from my parents for my business as loan and please also suggest income tax issue.