I had filed the returns for the AY 2016-17 and AY 2017-18 u/s 139(4). I got a notice from the IT department that the return is defective. However due to non-rectification of the defects within 15 days the return is treated as invalid. Is there any option to file the return for that particular assessment years and claim the TDS refund. If yes, under which section and what would be the time limit?

Please provide a remedy

I have a proprietorship firm for clothing, I am planning to buy a car, should i buy it under my own name or should I buy it under the firm name?
If i buy it on personal name or firm name can I pay laons from any or the bank accounts (personal/current acc)?

Thanks In advance

what is the depreciation rate for mobile phone for business use?

Sir,
A pensioner of 68 years old is having Gross Total Income of Rs : 3,90,000 /- with pension and bank int. ( Rs. 3,20,000 /- + 70,000 /- ) . After rebate u/s 80C ( Rs. 1,50,000 ) his Total Taxable Income is Rs. 2,40,000 /- . Tax liability is Nil . Can he submit Form : 15 H not to deduct TDS from his Bank Int. ?

Sudhir Saha

1. Mr. A is getting handling services fees for all shipments originating between Port territory of India and Port Territory of other country from Mr. B.
2. Mr. B, who is located outside India, having no PE in India, looks after all the transport, freight, Handling services, etc... for Person C(Foreign Party).
3. Mr. B raises Bill on Mr. C and Mr. B is liable to pay Mr. A only part of service provided by Mr. A i.e. handling services between Port territory of India and Port Territory of other country. So, Mr. A raises Bill on Mr. B in foreign currency and also receives fees from foreign bank. Also Handling Service fees is of fixed amount for each shipment or container.

My question is:
Whether it is consider as export of service or not, as
1. Service Receiver has no PE in India
2. Payment is received in foreign currency
3. Service is provide on ship i.e.between Port territory of India to Port territory of other country

2. If it consider as export of service than whether GST is applicable? As per my understanding it should not, if export of service.

Dear Experts,
We are importing a machine on EPCG licence and for export obligation can we sale the products manufactured by machine in domestic market to a DTA Unit. Please suggest us..

DEAR SIR,

I JUST WANT TO CLEAR TAX STRUCTURE ABOUT HOTEL ROOM RATE:

PLEASE ADVISE IF MY CALCULATION IS CORRECT OR NOT.

1. UP TO Rs. 999 THERE ARE NO TAXES ON ROOM.
2. 1000 TO 2499 THERE ARE 12 % GST ON ROOM

IN THIS REGARD I JUST NEED TO CLEAR SOMETHING ABOUT GST THAT TOTAL VALUE SHOULD BE LESS THEN 2499 WITH GST OR
WE CAN ADD 12 % TAX ON ROOM CHARGES TILL 2499.

3. 2500 TO 7499 THERE ARE 18 % GST ON ROOM

IN THIS REGARD I JUST NEED TO CLEAR SOMETHING ABOUT GST THAT TOTAL VALUE SHOULD BE LESS THEN 7499 WITH GST OR WE CAN ADD 18 % TAX ON ROOM CHARGES TILL 7499.

PLEASE REPLY.

IF POSSIBLE PLEASE SEND US NOTIFICATION IN THIS REGARD FROM GOVT. OF INDIA.

WITH BEST REGARDS,
RAJEEV
9810204666

I have a loss of Short term capital gain for FY 2016-17 , loss can be c/f if the return was filed before due date . I am filed the return after due date , sales consideration less Purchase cost and got negative amount .
I don't want to C/F this loss how to file the same in ITR 2 so loss can't c/f , at present ITR utility showing C/f loss .
any one can help me how to file Capital gain schedule under ITR utility .

there are 2 directors with 80% and 20% shareholding. now one of them wants to resign having 80% shares. what is the procedure for resignation other than filing dir-11?

Sir, I have submitted GSTR 1 but not filled for the period July 2018 to Sep 2018 as Quarterly returns, but by mistake I have entered the data only for the month of Sep.2018 but not for entire quarter and how to update july & aug. PLEASE KINDLY ADVISE.