This Query has 3 replies
Whether a son in law is relative for the purpose of non taxability of gift to him by father in law?
This Query has 2 replies
What deductions are available for arriving at lease income? An individual has leased a car to a compnay and received a monthly lease rent after lease tax is deducted. If the asset is financed by that individual with borowed money, can he claim interest on such borroed money? If on the other hand, it is financed without any borrowing, is there any deduction available on some assumed interest rate?
Please quote relevant sections.
Thank you.
This Query has 2 replies
If an Assesse has paid advance tax of i.e.Rs.50,000 and at the time of filling of return he found that the amount of i.e.Rs.10,000 is refundable to him by Income Tax department.
Now can he adjust the amount of refundable to him against the next year as an advance tax payment?
Or
Any kind of carry forward of excess tax paid is allowed in Income tax?
If yes then pls provide section or circular relevant to it.
This Query has 1 replies
FBT it is grouping under duties and taxes as FBT paid. when we pay fbt, it will go fbt paid to bank and enty will come debit side of FBT. How credit enty will come in FBT account. ijust want to know that if we paid as on account then where will grupe wheather it will go into FBT (Duties) or it will go in FBT in provision
This Query has 4 replies
whether accrued intereston NSC is exempt u/s 10
or not?
This Query has 1 replies
What can an assessee do if he does not receive TDS certificate from its bank before the due date for filing his tax return. Can he claim credit for the TDS in his return, or whether he will have to deposit self assessment tax and cliam a refund.
Is there any CBDT circular/ notofication etc on that?
This Query has 3 replies
What can an assessee do if he does not receive TDS certificate from its bank before the due date for filing his tax return. Can he claim credit for the TDS in his return, or whether he will have to deposit self assessment tax and cliam a refund.
Is there any CBDT circular/ notofication etc on that?
This Query has 1 replies
as iam company, i am claiming depr as per compan act 100% every Year, But as per IT i didn't Claim ,now i realised we can claim as per IT also,whether can i Claim for Previous years also OR only for Current Year.pls SHOW PATH,thnks.
This Query has 1 replies
as iam company, i am claiming depr as per compan act 100% every Year, But as per IT i didn't Claim ,now i realised we can claim as per IT also,whether can i Claim for Previous years also OR only for Current Year.pls SHOW PATH,thnks.
This Query has 2 replies
We are purchasing UPS (Uninterrepted Power supply)from a vendor for computers only.
Can we deduct the TDS to this vendor, under section 194 c (contractors) @ 2.266%. The vendor is adding only CST on the basic value of the units.
Is the TDS applicable to the vendor in Andhra pradesh.
Can you please suggest me in this regard.
Regards
Ashok
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
relative for taxability of gifts