My Client is work contractor providing services to MBMC. Is Service tax applicable on this service i.e whether service tax is applicable to Work Contract services provided to local authority, whether he was required to register under service tax regime.
Thanking in advance.
My father earned LTCG which he setoff under section 54 and invested in CAGS. Now he wants to lapse the benefit and pay tax on the amount.
Where should he fill the details in itr 2 and how. pls help
Dear Expert,
I have earn income for salary and my employer give me Form16 & part B and i have filed my ITR-1 for AY-19-20, as per form 16b my employers shown HRA amount Rs.94000 fully taxable bcoz i have not given details of rent paid by me in FY-18-19, I have paid annually rent rs.60,000/- and i have claim deduction in column of rent paid in ITR-1 U/S 80GG. My query is can i claim HRA exemption as per income tax act and can i show details of exempted HRA in row Part B-II exempt u/s 10. Sec 10(13A)-Allowance to meet expenditure incurred on house rent
Can i file Income Tax Return U/s 119(2)(b) where income is Taxable ?
Hi Expert,
I have one query.....
If any one is earning income from digital marketing ....which section is applicable 44ad or 44ada
As 26 as shows tds deducted u/s 194 c and 194 j as well
Plz help
For the ay 2017-18, audit report 10 was filed by the auditor for my ngo but approval from ngo got missed. Now IT has Issued demand on gross receipts ignoring deductions u/s 11. Audit report uploaded but not appproved, how to rectify this to claim deduction u/s 11. Very urgent, pls guide
1.Is Presumptive Tax features under 44AD Scheme is applicable for Hoarding business.
2. For business of 13.5 lakh business maintain the books of accounts is mandatory
3.For a proprietorship firm filing of Income Tax self and proprietorship is required..?
Can we declare Rental income under Income tax excluding GST amount (since GST is indirect tax it is not part of income) or Should we consider entire rent including GST amount?
For a professional covered under 44ADA, gross receipts are 7,50,000.
So will offer 3,75,000 under 44ada...
Books of accounts under 44AA will be: No
Tax audit: No
So if were are filling " balance sheet and pnl no accounts case f", is there a chance to receive notice for not maintaining books of accounts as income crosses Rs. 1,20,000...
Kindly advice...
Pension income