Sayee Prem
21 June 2018 at 18:06

Tax audit report a.y.2018-19

Sir,
The Department has changed Codes for Nature of Business in ITR FORMS pertaining to A.Y.2018-19 while in TAX AUDIT REPORT Utility FORM 3CD PART B point no 10(a) contains the old codes so it will not match the ITR FORM codes. So generating XML will lead to mismatch. Has anyone filed Tax Audit cases? Kindly clarify.

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Anonymous
21 June 2018 at 12:10

Epfo pension

Are Pensioners of EPFO issued with Form 16 / Salary Statement? What Name, address & PAN need to be mentioned in the ITR.

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Anonymous
18 June 2018 at 11:05

Tds salary annexure in quarter 4

While filing quarter 4- 24Q where we need to enter the advance tax paid by the taxpayers in salary annexure-II other than TDS we deducted for them.Please give your advise

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Rajendra Patwardhan
17 June 2018 at 16:31

Capital gain on shares

Hi,
One of my client has earned gains from sell of equity shares in short term and reinvested the same to purchase more shares which are yet unsold. But don't want to show the gains earned in ITR. Is there any way from which I can confirm that such income was earned by the assessee since it was not reflected in Format AS nor in bank accounts.

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Manu Aggarwal

Hello all. Medical reimbursement received by a govt employee is taxable or not? Reimbursement Amount is Rs 300000. Hospital is approved by state govt. Is the same is covered under section 17 (2)?. Is the word maintained by govt. and approved by govt have the same meaning? kindly reply plz

I read section 17 (2) which are as follows

Expense incurred or reimbursed by the employer for the medical treatment of the employee or his family (spouse and children, dependent - parents, brothers and sisters) in any of the following hospital is not chargeable to tax in the hands of the employee:

a) Hospital maintained by the employer.

b) Hospital maintained by the Government or Local Authority or any other hospital approved by Central Government

c) Hospital approved by the Chief Commissioner having regard to the prescribed guidelines for treatment of the prescribed diseases.

2) Medical insurance premium paid or reimbursed by the employer is not chargeable to tax.

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Ramji
13 June 2018 at 17:50

Tds -traces-reg

Sir,
We have filled TDS quarter.for the AY 2017-18 regularly ,Form 16 B Issued on 30-04-2018, the signing authority of AGM Has been retired on 30-04-2018 ,the FORM 16A generated on 28-05-2018 on this signature of person responsible for deduction of tax, now how can sign from because of he was retired, what can i do for this

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Shilomy K
13 June 2018 at 10:53

Itr 3 or itr 4 for gold appraisers

Hello

I work in a bank and here we have a gold appraiser he gets commission & his annual income within 400,000-450000/-. Which form should I file for him? Itr 3/ itr 4? In itr 3 there are fields like nature of business. And I found nothing matching but "other services" . And I checked itr 4 also. & I could find "general commission agents". 44ada. Please help me on selecting proper itr form

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Nanu Gupta
13 June 2018 at 10:39

Pressional fees

An assessee has served professional services to a hospital for part of the year and hence her tds was deducted u/s 194J. Another part of the year she has earned salary income. She has also been an insurance agent for which her tds was again deducted u/s 194J. My query is which itr is she suppose to file? And can she show her professional income u/s 44ADA?

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alpesh
12 June 2018 at 22:13

Closing of business

Dear sir may client has open firm manan gems proprietor pan card name but after 1 year he discontinued firm. Whether he can closed first firm bank account.whether it is correct. After he open new saving account whether he can continue the same pan card name his normal business same pan card name. He can done or not

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Anonymous
09 June 2018 at 13:02

Taxable head

Dear sir

Which type of Income consider in Income tax received from Commisson/Brockrage of Mutual fund Investments, it is PGBP or Others Sources.

If consider OS, then expenses paid to the sub agent for the earn Commission is eligible for deduction ?

Thanks

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