If I invest my money in some Partnership Firm.
1. What is the right way to show this investment in my ITR?
2. Is this money exempted from tax?
Hi sir/mam,
i was making my DVAT payment yesterday as i have to revise a return and after making the payment of DVAT due, when i proceeded to make further payment of a small Rs. 50/- interest payment, but my bank website recaptured the tax payment amount & i also entered the net secure code from my phone carelessly, but the challan on bank website & DVAT website didnot generate and an error occured on bank website while trying to generate challan *error invalid data*, however i think the payment had got successful. Also, same got debited in my bank statement however not reflecting in my DVAT challan payments/ credit till now.
I also tried to repeat the transaction to see that again my bank's website was taking the tax amount only rather than the interest amount so i cancelled the transaction.
Has anyone else faced such an issue?
Bank customer care told me that if same was a unsuccessful transaction it will be reverted back in 7 working days
however, i am not so sure on this. Please guide
sir on 31st july I had applied for the registration for gst. by mistake I had opted the registration as composite but I want my registration in normal because I came later that input tax credit benifit is not in composite . now my question is can I change my registration in normal from composite . If yes kindly help me.
Answer nowSir, I want to file ITR for the F.Y 2015-2016 & A.Y. 2016-2017 . My income are as under :
General Store ( Keerana Store) Rs. 290000
Insuranance Commission is Rs. 35247
Please let me know Which ITR FORM to be Filled up and code of nature of bussiness.
Please clear my doubts.
If the employer deducts tds ,and has not filed the tds returns then how to get form 16 for the purpose of filing return.and what are the consequences to be faced by employer?
Answer now
I had taken a loan of Rs.20.00 lac from Bank for building/constructing house.during 2010. My house has been completed fully, but my bank loan has not been fully repaid till date. May I claim deduction against interest paid on the loan ?
Answer nowSir wanna ask something suppose my adhaar card and pan card not linking in IT site due to some misprinting error so can i upload itr, bcz 31st july is late date
Answer now
I am a retail dealer of sanitary and other items.The book value of my closing stock as on 31.03.2017 comes about 70.00 lac. But out of this stock, a stock of approx. 10.00 lac has been completely damaged due to flood in my godown. I want to reduce the book value of my stock by 15.00 lac. Can anyone guide me as what entry should I pass in tally to give effect to this ?
Answer nowsir, I am a salary earner employee now I would like to know whether my wife can claim 50% of the interest earned on FD in my name as her share. & if yes Tdsdedcted on my FD can be refunded
Answer nowThere is new column in Sch TDS2 in ITR1 .Amount which is subject to tax deduction [Col(3)].
What is to be filled in this column.
Thanks
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Investment in partnership