Hello all. Medical reimbursement received by a govt employee is taxable or not? Reimbursement Amount is Rs 300000. Hospital is approved by state govt. Is the same is covered under section 17 (2)?. Is the word maintained by govt. and approved by govt have the same meaning? kindly reply plz

I read section 17 (2) which are as follows

Expense incurred or reimbursed by the employer for the medical treatment of the employee or his family (spouse and children, dependent - parents, brothers and sisters) in any of the following hospital is not chargeable to tax in the hands of the employee:

a) Hospital maintained by the employer.

b) Hospital maintained by the Government or Local Authority or any other hospital approved by Central Government

c) Hospital approved by the Chief Commissioner having regard to the prescribed guidelines for treatment of the prescribed diseases.

2) Medical insurance premium paid or reimbursed by the employer is not chargeable to tax.

FOLLOWING QUESTION REGARDING MARGIN SCHEME UNDER GST

1.AT TIME REGISTRATION ,IS NEED TO TAKE REGISTRATION UNDER NORMAL SCHEME ??
2.AT TIME FILING GST RETURN HOW TO SHOW SALES AND PURCHASES??
A.MEANS IN GSTR3B WHAT IS TAXABLE VALUE (IE. MARGIN IS TAXABLE VALUE OR ACTUAL SALES VALUE)???
B.SAME FOR PURCHASES??

DEAR EXPERTS

i Just observed that I had missed out a particular sales invoice each month from July to March 2018. So there are 9 invoices that have not been reported in GSTR3B and GSTR1.

How to rectify it. I will include it in current month GSTR 3B and pay the tax along with Interest, How to include it in GSTR1. In which month GSTR1 should it be included.

Please Help

Sirs, I am supplier of raw cotton (in Telengana ) to spinning mills in Coimbatore, State of Tamilnadu, i have 2 firms X and Y. I had raised 2 separate invoice to my my Buyer A. Now buyer A has issued a single C form for both the firms, How do we rectify this.

My mother's having Bank FD's with SBI. I have filed her ITR-1 for interest income of My Mother on 26th April 2018 for AY 2018-19. Every year in April, We have submitted Form 15H for not deducting TDS from Bank. But bank deducted TDS more than Rs. 6000. When I filed my MOTHER'S ITR-1, on that day, in e-filing, in form 26AS there is not TDS shown by Bank. So I have filed My mother's ITR-1 on 26th April 2018. But, i have surprised to saw today, 26AS Form of My mother for AY 2018-19, State Bank of India, deducted TDS of more than Rs. 6000/-. Now I want to refund my mother's TDS amount, because her income is below 2,50,000/-. And I have already Filed ITR-1 of My mother for AY 2018-19. Can I filed now file revised ITR-1 for getting TDS refund deducted by SBI of my Mother? But, in e-filing, there is no option available for AY 2018-19 for Revised / rectified ITR ? Only option available UPTO AY 2017-18.

Read more at: https://www.caclubindia.com/experts/experts_display_list_unresolved.asp?offset=6&mode=open

Dear Sir,
In our case we have third party exports who already filed shipping bill but unfortunatly we fail to provied EPCG detail to him to endorse now our name nor epcg no endorsed in the shipping bill. what to do now?

Kindly advice

thanks / regards
Dilip Biswal

Two brothers have sold 2 different properties:

1st brother sold house, LTCG to be invested u/s 54 to save tax
2nd brother sold shop, entire proceeds to be invested u/s 54F to save tax

Question 1 : If they both buy a 500 meters of land to construct a new house in their joint names and invest the amounts as per above, will they both get the exemptions?

Question 2 : If they both buy a 500 meters of land to construct a new house in the name of LLP held equally by both of them and invest the amounts as per above, will they both get the exemptions?

Please provide the expert advice

If a employee has worked in a organization for 4 years 8 months and he has received gratuity.

Whether the employee is eligible for any exemption as per Income Tax.

Dear sir I has query regarding filing of income tax return itr _4 for ay 18_19. May client has gst number but there was sale done financial year.whether gst no should be mentioned and turn over figure put zero whether it is correct.
But sir his income before gst act _ April to jun 2017 =372828 he can declare his income u/s 44ad whether it is correct.

Dear Sir/Ma'am,

Can anyone clarify the following -

M/s X is an Individual having GST registration in AP(Andhra Pradesh) and MP(Madhya Pradesh), M/s X is providing cargo handling services in AP which is getting orders on MP address, so M/s X has raised the Invoices with MP GST number, but AP GST department people are insisting that, Invoices should be raised with AP GST number and GST payment should be done in AP. As per provisions of GST, AP GST department people may be right. If so, how can M/s X apply for refund of wrong payment of tax in MP as he needs to pay in AP. and should he needs to pay interest for late payment of tax in AP now and also penalty for short/non payment of tax in AP even if he has paid in time all the taxes in MP, and his intention is not to evade any taxes, just he did pay in wrong state.