Dear Experts,
Pls let me know :- whether income tax authority are empowered to summon any third person or debtors to verify the fact. If yes under which section

Thanks
Karan

to claim deduction us 80p is it mandatory to file return for ay 201819 with in due date . if we failed to filed with in due date is there any remedy available .kindly guide me .

life insurance premium is above 10% of Sun assured. On this the maturity value is fully taxable.
Whether the bonus received in between policy period is fully taxable?
whether the maturity proceed is fully taxable or only the net amount excluding premium paid is only taxable?
whether maturity value less premium claimed as deduction = net value is taxable?
If any have information regarding it or faced in practical experience kindly provide the method ?

The service tax department is taxing an educational institute (senior secondary school) for the Hostel (Boarding) facility provided BY the school to its students for the period 1-4-2013 to 11-7-2014 under the head “Auxiliary Education Service” on the basis of Notification 3/2013 dated 1-3-2013.

But the department had exempted the transportation service provided BY the education institute on the basis of some decided case law. But they are not exempting the hostel service provided BY the school for the period 1-4-13 to 11-7-14 in the absence of any clear notification or decided case law.

The hostel boarding charges are also well below 1000/- per day and the school is also up to 12th standard.

There should be same justification as in case of transportation service to exempt the Boarding (Hostel) facility provided by the school but he department is demanding service tax along with interest and penalty.

My query is whether there is any judgement on this matter or any notification in this regard so as to fight with the department?

Thanks in Advance.

I am have a query regarding weather CII (confederation of Indian Industy) provide Sponsorship service to Corporate and non Corporate are applicable of GST or not please suggest me

My total liability under gst is CGST 24,00,000 and SGST 24,00,000. I had available itc in credit ledger IGST 33,00,000, CGST 2,72,000 and SGST 2,72,000 and in cash Ledger CGST 5,72,000 and SGCT 5,72,000.
My calculation is CGST Liabi. 24,00,000-2,72,000(CGST credit)-5,72,000 (Cash ledger)-15,56,000(IGST Credit)=0
SGST Liab. 24,00,000-2,72,000(CGST credit)-5,72,000 (Cash ledger)-15,56,000(IGST Credit)=0
ITC in credit ledger is IGST =188000.

Whether it is correct.

RESPECTED SIR
Can we take GST CREDIT OF Centralised air conditioner for full value?
As i understand it will be capitalised to Air conditioner account fully & no portion of value will be capitalised to building account
please help on the same

can section 44AD or ADA applied for commission on imports

DEAR SIRS,
ASSESSE HAS PURCHASE IS HIGHER THAN SALES
IN 44AD WHICH IS CALCULATED AS A TURNOVER SALES OF PURCHASE ?
WHAT IS PROVISION OF AUDIT IF HE CLAIMS LOSS, AS ACTUALLY ITS LOSS. BUT ASSESSEE WISHES TO DECLARE PROFIT OF 8%

we are comes under SEZ and we need to sale a scrap(unpacked carton boxes, paper waste,old newspapers & Unused Plastic carton). Do we need to deduct Tcs @ 1% to the customer.

kindly suggest pls..