suhas potadar
02 February 2019 at 17:28

Gst no. renew

Dear sir,
My friend is contractor, his turnover is more than Rs. 20 Lack and he liable to take GST no. since 01.07.2017 but he has obtained no. in January 2018. He has not filed his any return till Nov. 2018. The department issue a show cause notice and in January 2019 the GSTIN no. is cancelled.
My query is whether i have to apply for fresh registration or request to department for activate this no. again.
Please guide.


NILESH M PANCHAL
02 February 2019 at 16:24

Removal of director u/s164

Sir

my company is active in which we have 3 director of which one director status is disqualified u/s164(2) since 16/11/2016.

now we want to strike off our company under sec 248 as we had not doing any business since its incorporation.

how I strike off our company?

some one said remove disqualified director and than apply for strike off procedure.

how I remove disqualified director?

what we have to write in resolution for removal of such director?

is there any option is available ???

Thanking you.




ratna
02 February 2019 at 14:35

Income tax filing

Dear sir

Ours is proprietorship firm and we filled IT returns for AY 17-18. But ITR V is not e- verified. We have sent signed ITR V twice to Certralised Processing centre Income tax department Bengaluru by speed post and ordinary post. before due date.

But they rejected our IT returns because if ITR V is not verified,
next what steps we have to take. Please suggest me.


swasti
02 February 2019 at 13:29

Standard deduction

If an employee works for 8 months with a company, please advise that how much standard deduction is he eligible for? Is it that Standard deduction would be calculated for 8 months proportionately i.e (40000 * 8 months /12 months)?


S. Devi jegatha
02 February 2019 at 13:05

Intimation letter

Dear sirs,

i have received Outstanding Demand amount notice received via intimation letter from CPC.

But as 26 AS Tax amount fully deposited .

What can i do ? can i ignore the intimation letter or not ? what is the procedure ? pl . clarify....


Abhishek Roy Choudhury
02 February 2019 at 12:22

Income tax exemption limit

Dear Sir,
As told in the Interim Budget that the tax slab has been increased from Rs. 2.5 Lac to Rs. 5.00 Lac, so does it mean individual having gross total income upto Rs. 5.00 Lac is not required to file IT Return from A.Y. 2020- 21

Thanks,
Abhishek Roy Choudhury.


shinu
02 February 2019 at 10:14

Company

Sir,

We are trying to incorporate a new company with two directors as non resident.
First time form was sent for re-sub showing to submit business visa etc
So we resubmitted the form by showing them as resident by submitting Indian address proof
Now the form was again sent for re-submission stating to submit proof of presence in India at the time of signing e forms and all other attachments.Kindly guide us what should be shown as proof of presence in India.


SHAHNH
02 February 2019 at 00:52

Section 87a

As per today’s interim budget how much Tax rebate will be available to super senior citizens. Previously used to get Rs.2,500


CHIRAG
01 February 2019 at 23:50

E- verification of income tax return

Please help,

If someone send ITR E VERIFICATION LETTER COPY AFTER 3 MONTHS TO INCOME TAX DEPARTMENT

NOW, ITR STATUS IS SHOWING CONDOLENCE IS REJECTED

WHAT TO DO IN THIS CASE??


THANKS.




CA JAYESH RELKAR
01 February 2019 at 18:34

44ad

Dear Sir,

Facts : If Mr.A is following section 44AD for declaring his income. If during the FY 2017-18 he has sold his fixed asset for say Rs. 5,00,000/-.His turnover during the said fy is Rs.10,00,000/-.

Query : 1) Can Mr. A declare his income u/s 44AD in this case ?
2) If yes, then what will be the turnover in this case ... Rs. 10 lakhs or Rs. 15 lakhs ( 10+5)..??





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