I own an under-construction flat at North 24 Pargana district of WB via Home Loan, for which I claim tax deduction for interest & principal. My mother owns a home at Hooghly district of WB. My Spouse owns a flat at Kolkata via Home Loan, for which she claims tax deduction for interest & principal, but stays at my mother's home at Hooghly district of WB. I stay at Govt. rented quarter at Uttar Dinajpur district of WB. I get paid HRA @20% of Basic salary but pay rent @10% of Basic salary for the quarter.
Now can I claim an HRA Exemption for rent paid, to my mother, for my spouse staying at my mother's house at Hooghly district of WB?
if a registered dealer buying a used car from other state and selling in other state ,e.g
i am registered dealer in haryana used car dealer under margin scheme
purchase old car from delhi state customer for rs 100000
sold the old car to other delhi customer for rs 110000
what gst occurs assumption gst rate 12%
Dear Expert,
I am NRI in USA. I have filed the Income Tax Return by e-filing & got the acknowledgement. I have sent by post ITR V to CPC Bangalore. It has been received by them on 25.07.2018 which they have intimated by email. The reference NO is : CPC/1819/G4/246706360 dated 08.08.2018. But I find that under "ITS Status" of IT dept portal that it still shows even after 9 days as "Return submitted but not verified". Does it mean I have to do something now? Can you please clarify.
Subramanian.V
Is 269ST is applicable on Agriculture Income & cash Withdrawl of more than 200000/- ?
Hi I am selling a land, the actual consideration is Rs 20 lakhs. The stamp duty value is however Rs 25 lakhs. Can i compute capital gain for Rs 20 lakhs.
Please Guide
Please help
I have to file return in 44AE, so whether I have to fill gross receipt or net receipt after expenses in income.
If i am filing my return in 44AE more tax is coming, so can I show the Income in normal Business Income, after claiming all deductions for expenses. so that tax liability will be reduced.
Sir, Pls tell incase of AMC amount (prepaid expenses) paid in Jan month for 1year period say amount Rs.24000.
How will be treated in Accounts books every month for 1year period.
Respected Sir
I want to know if an individual being a partner in a firm also carries on a proprietorship business and wants to assess his income from proprietorship business under section 44AD, which ITR form for the AY 2018-19 will be applicable to him. My doubts are: 1. Whether the share of profit from the firm is required to be disclosed in the ITR. If yes then in ITR 4 only details about the firm in which he is a partner is required. is it sufficient disclosure about the firm. 2. If he is also in receipt of salay from the firm within the limits of section 40(b), then is there any disclosure required of such income while filing ITR.
Kindly resond with some explanation
Thanking You
Sir, Pls explain the benefits of keeping the bank EEFC Euro Account for Doing export and import in Euro countries than Bank Current or CC account.
Dear Sir
please provide me the format draft of Board resolution for approving working capital projection report.
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Hra exemption eligibility