Can a registered works contractor avail ITC on purchase of material against private work I.e construction of residential house of an indivisual?
My father is retired from state government.
His basic sum amount is Rs308448 per annum
And D.a=16136 per annum HRA=0.00
Monthly room rent pay Rs4500/month(12*4500=Rs54000) in other city. Then how much money i claim in HRA Exemption in itr1 also which section i used section 80GG Or section 10(13A)??
I have sold my house for 90 lakh .. what are tax implication and how much tds I need to deduct and how to save capital gain ..
Sir,
I would like to clarify some doubt regarding Company Registration
Whether Overseas Citizen of India & a NRI can start a Pvt Ltd in India?
or
Compulsorily one Resident is required to start a Pvt Ltd?
DTAA –Tax Credit
I understand that tax credit can be claimed only in the country where a person is a tax resident, not where he is an NRI.
For example, a Canadian resident is filing Returns for FY calendar year 2017 He will have to add to his Canadian income the Indian interest and rental income for period i.e. 1st April 2017 to 31 December 2017. But in India he will later again pay tax for same period 1st April 2017 to 31 December 2017 while filing Returns for FY 1st April 2017 to 31st March 2018.
In other words, he pays tax twice for same period 1st April 2017 to 31 December 2017, i.e.in both countries. How does DTAA help when financial years are different as explained above?
Second question is regarding non-withdrawn EPF balance. Interest is declared and credited by Govt. after March 31 2018. Will this interest be added in Canadian income for their Calendar year 2018?
D C Bhargava
What % applicable on Licence Fee Recovery by Petroleum Co e.g HP,IOCL.BP. from the Petrol pump Dealer (Retail Outlet) ?
ITC available GST Paid on such LICENCE FEE RECOVERY ?
Let me know in detail if possible
Thanks
I have filed income tax return for A.Y. 2016-17 , While filling tax through online mode the rebate u/s 87a was 5000 but in the intimation rebate u/s 87a has showed only 2000 due to which outstanding tax demand has been generated. I have filed ITR-4 For A.Y. 2016-17 on 05-03-2018
Hi I am part time crypto trader i doing trading in crypto daily basis buy or sell trough exchange as well as direct trade all tx done with bank only so how to calculate my profit
And how to maintain books of accounts.
Plz guide me so I can make my books
Dear Sir/Madam,
Can a bank account in joint name remain open after the demise of (only) one of the account holders?
If yes, can it remain open for unlimited period or for a certain period?
If only for a certain period, what is that period?
Can new cheques in the name of the deceased be depositied in that account and money withdrawn later by the second account holder?
If yes, for how much period can such cheques be depositied? For example, if an old payment for the deceased is received by cheque few years after the demise.
Thanks in advance to those who can give clarity on this.
what to do if invoices got missed in gstr3b nd gstr 1 of march month but tds has been deducted for that invoices by buyers in march month?
if i pay gst amount with interest right now, but then how to show sale of those invoices in march month's gst return?
Wcs