Ganesh
29 August 2018 at 09:59

Regarding gst registration

Dear Expert,

I filled the GST registration form and TRN generated. What will be consequences if Part B of application is not completed within specified date?

Kindly guide me.
Thanks
Ganesh


Krishna Pada Santra
29 August 2018 at 01:28

Deduction on chapter vi

FIXED DEPOSIT INVESTMENT Rs 205322 FOR 5 YEAR & MY INCOME 5.5 LAC FOR THE A.Y 2018-19, SO CAN I GET 80C DEDUCTION ON HOLE INVESTMENT AMOUNT 205322....???



Anonymous

Dear Team,

please guide how can i claim HL interest and Principal while filling income tax return??



Anonymous

Dear Experts,
A partnership firm is not to be audited u/s 44AB, but this firm is going to made the payment of Rs. 1 Lakh to it's contractor. Pls clarify briefly :- since the firm books of accounts is not audited hence No Need to deduct TDS on contract amount of 1 Lakh. Am i right....

Thanks
ASAP



Anonymous
28 August 2018 at 21:56

Violation under income tax act & fema

One of the assessee has worked in US for the past 6-7 years and he does not have NRO/NRE account in india.
He transfer funds from US to India through Money exchanger to his accounts in india.
Whether there is violation under Income tax act & FEMA?



Anonymous
28 August 2018 at 20:56

Taxability of retirement benefit

After death of govt employee gratuity gpf amount received in wife's account in such case in whose return this exempt nincome is shown

Read more at: https://www.caclubindia.com/experts/income-tax-return-2686999.asp


Ankosh

Should GST be excluded from consideration value for determining the threshold exemption limit of Rs 50 lacs u/s 194IA. Please support your answers with a Circular / Notification or Case law.

There is a CBDT circular which clarifies that if GST is indicated separately, TDS shall be deducted on amount excluding GST. This circular clarifies the 'quantum' on which TDS shall be deducted. However, the question here is whether TDS is applicable or not in certain scenario, where flat cost does not exceeds the threshold of Rs 50 Lacs without taxes, but it do exceeds the threshold with taxes.

Real life scenario for a under construction property:
Consideration value without GST = Rs 49 Lacs (ie: below Rs 50 Lacs)
GST = Rs 5 Lacs
Consideration value including GST = Rs 54 Lacs (ie: above Rs 50 Lacs)



Anonymous
28 August 2018 at 19:49

Cs professional

I have lost one group in CS Professional by just 3 marks. I have applied for Reverification of all the subjects in that group. Are there any chances of expecting a positive result and that i can pass the group? Will the institute give 3 marks as grace marks regarding the same.



Anonymous
28 August 2018 at 18:05

Income tax return for fully disabled

dear Sir/ Madam
Pls let me know a person is fully disabled 2 years ago due to accident has certificate of disability.
he has got insurance claim for which tds has been deducted by insurance company.
Can he claim full refund of tds since he has no other income.
Amount for which tds deducted is 700000/- .
does this 700000/- falls under income category ?
Secondly under which heading will his income appear.
Thanks and oblidged .



Anonymous
28 August 2018 at 17:17

Deduction for nps

Deduction under section 80ccd(1). 80ccd(2) and 80ccd(ib) for NPS. My question is whether employee contribution i.e. 10% of basic salary in provident fund can be claimed under 80ccd(ib).






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