Anonymous

Sir/ Madam,
Shares are being transferred from Director of a Private Limited Company to new additional Director of same Company. Do we require to present the Share Transfer Form SH-4 to the Registrar of Companies office for approval or stamping etc.
Please guide me .


swetha

As per the deed main object is to letting out the properties constructed so to be treated as business income. But if instead of letting out constructed building is immediately sold out then what is the treatment I. E., sale proceeds to be treated as business income or capital gains?? ( doubt arised bcoz main object of letting out is deviated., and if main object is deviated then tax treatment should be opposite to object.. No clarification on the provisions))... Please clear my doubt.
Thanks in advance


Avinash Jeevan Dsouza

One of my relative work abroad from last five years. He does not have NRI and NRE account in india. What ever he earns abroad he transfer to his SB account. He has not filled any Income tax return. He does not have any income from India. He does not even have income from other sourse other than income from SB account Interest. He doesnt even have the PAN. 1. Does he needs to file the return? 2. Does he needs to open NRI or NRE account?


Dushmanta Rana
17 July 2018 at 11:20

Ppf

Interest earned from PPF Account is 100% Exempted or not ?


Dhanraj Sharma
17 July 2018 at 11:08

Nature code and itr query

Sir,

One person purchase JCB machine he use this machine on contract basis

please suggest contract income which head income and nature code ???

he is unregistered and income under 20 lac

he can use itr-4 ?

please suggest nature code


AJAY KUMAR VERMA
17 July 2018 at 08:17

Place of supply

Sir,
We are registered in chhattisgarh state and our service provider also registered in the same state. Supplier provide service in delhi and bill raised with CGST and SGST.
We have no registration in delhi.
Please confirm suppliers bill correct or not.



Anonymous
17 July 2018 at 07:24

Investment u/s ec

Sir/Madam
I have deposited my long term capital gain form sale of land & building in specified account for constriction of house. But after 2 years I realized that it is not possible to construct a house. Now my question is after end of 3 years can I put the amount in Rural Electrification Corporation and the National Highways Authority of India. for 5 years as my gain is less than 50 lakh.



Anonymous
17 July 2018 at 06:20

Which itr form will be used

Sir,,
we have NGO having 12A, 80G registrations. We want to know that which ITR form will used for IT returns for the financial year 2017-18. Every year we use ITR-7 for IT returns. But some other auditors are using ITR-5. Please give me correct advise in this matter.


Ritu Alwani
16 July 2018 at 21:32

Gst turnover in itr 4

One of my client is a Civil Contractor having gross receipts of almost 1 Crore. But till now he is not registered in GST.
So now I want to file his income tax return. I want to offer 6% of total turnover as profit as all receipts are through Cheque only

Ques 1 - Is he required to get registered in GST before filing his IT return for Financial year 2017-18
Ques 2 - Can I offer 6% of turnover as profits without doing audit.

Looking for positive reply

Thanks


Ramchand
16 July 2018 at 19:45

Taxable amount

I have policy of icici prudential life link wealth sp bought in 2010single premium paid 3lacs
sum assured 375000
amt rececived 450000
tds deducted @ 1% u/s 194da

whether full amount of 450000 taxable or 150000being excees of premium paid taxable.

please advise as its urgent





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