Income Tax QnA - Page No 4197

All Resolved Open

Anonymous

13 August 2017 at 09:53

Section 44ad benefit

dear sir,

one of my relative is having gross recipt of near 60 lakhs from security business providing manpower.
can i file return by showing 8% profit without maintaining books of accounts under sectgion 44ad of income tax act 1961

Ravi patell

13 August 2017 at 09:23

Transport of passengers

transport of passengers Gst rate is 5 , ITC is not available... in this case both services provider and recipient both not getting ITC or service recivepent can get ITC?

Samyak

13 August 2017 at 08:10

B.A.(Economics) and C.A. good combination

Respected Sir, Would B.A. (Economics) from IGNOU and C.A. together is a good combination? is IGNOU a right place to pursue B.A.(Economics)?

K Rajan

13 August 2017 at 07:35

Capital gains tax

My father had purchased a property on 26/02/2001 for a value of Rs.3,21,000/-. Myself along with my brother and sister (3 members) inherited the property as legal heirs after my father's demise. The said property was sold by the three legal heirs on 09/08/2017 for a value of Rs.11,40,000/-. In this regard, I request the tax experts to advise me about my Capital Gains Tax liability.

Balakrishnan CP

13 August 2017 at 07:06

HSN CODE for tread rubber

Prakash Rao

12 August 2017 at 23:27

GST payament

Before filing Gstr3b we have to make payment but we are unable to make payment I have tried so many times. Pl give me suggestion

Vatsal

12 August 2017 at 22:51

Cenvat credit

Whether cenvat credit of balance 50% on capital goods will be available under gst?In same year?

krishna

12 August 2017 at 22:29

Capital gain account

Could you please answer below queries related to capital gain account

1. I have deposited capital gain amount in capital gain account. Now i want to start house construction. Do i need to get approval of Income tax officer before withdrawing money from capital gain account ?

2. The land where i am planning to build the house is a B khata site. BBMP does not issue building plan, completion certificate and occupation certificate for house on B khata site. Will it be an issue obtaining Income tax officer approval during closure of capital gain account ?