Hello,

I have received a residential property as Gift from my mother in Nov 2017.valued at Rs 55 lakhs (registration of the deed done). My query is

1. Should i show Rs 55 lakhs in the EI section (others) in ITR2 , Else where do i show the property received as gift ?

2 Also should i mention the property in Income from house (deemed income since i have not rented the property yet)

Please clarify
thanks

Sir,
We have issued tax invoice for selling our machineries with cancelled TIN as per the notice issued by CTO and the buyer taken
ITC against our tax invoices.
But now the department rejected ITC claimed
By the buyer against our invoices.
1.Can we issue tax bill with cancelled TIN
2.CTO has power to authorise us to use Cancelled TIN
I am a telangana vat dealet

PLOT SOLD AT RS. 1,00,00,000/- AND GOVERNMENT PRICE IS RS. 1,40,20,000/- RETURN FILED WITH SOLD i.e. 1,00,00,000/- PRICE, AND DEPARTMENT NOTICED U/S 133(6) ON THIS POINT, HOW CAN BE GET SAFE PROTECTION MYSELF

The Gross value of plant and machinery is Rs. 400000. As on 31st March 2009, the depreciation reserve of plant & machinery was Rs. 100000. Calculate depreciation as per SLM @ 10% and pass the journal entry as on 31st March 2010.

What will be Accounting Entry for this.??

Dear All

I want to file income tax return for the fy15-16 & fy16-17 as i have to apply for US Visa and they were asking to submitt last 3 year ITR Acknowledgement.


As i kwn that 31/03/2018 was the last date to file online return, is there any way to submit the same.


pl help me its urget

Dear All,

Whether gift received by married daughter from her grand mother is taxable under Income Tax or not?

Sir,
For individual /pensioner apply for bank loan for construction of marriage hall, prepared and submitted a Projected income and expenditure a/c.. cashflow , fund flow statement, now the banker asking CMA REPORT, But that is for business people right? Can I just fill the current liabilites, assets, etc, enough?

please...

Sir
One of my client have agriculture imcome Rs 27000.is it exempt or taxable. Please help regarding this matter.

hat Category of TDS is applicable on Calibration charges (Noise Level Meter)??Contractor or Professional??

Dear Sir,

RCM of March 2018, can we take this RCM - INTPUT CREDIT in April 2018 ?

Thanks & Regards

Shiv