amarjeet singh
22 July 2017 at 14:13

registration

If an individual has Bizniz income as well as rental income but he wishes to get registered in composition scheme. What should he do?


Arindam Jha
22 July 2017 at 14:04

Query about tds

Sir,
I am Arindam Jha, from Raiganj, West Bengal. I am a school teacher. In this year, for our new Headmaster we are going to face a typical problem.
In previous years, we used to collect amount from the staffs and submit the same to TAN of ddo (employer) as TDS. This year, our new headmaster want to deduct tds direct from salary. We have no problem upto this step.
As we receive salary through online system, the deducted Amount will be deposited to DI's (our next higher authority after DDO) TAN, and form 26AS and form 16 will be updated on last week of June of upcoming financial year (i.e., if we deduct tds on 12/05/2017, the same will be updated on TAN on last week of June 2018) by DI's end, and no quarterly updates on TDS made by them (they have confirmed this).
So we want to deposit our TDS on DDO's TAN, but the headmaster doesn't allow us to do so. He said that, even if we deposite tds to TAN through online payment system, then also he will not update 26AS for us.
Now, what can we do at this situation..?
Is there any option to update TDS by individuals..?
Does a salaried employee can pay "advance tax" instead of TDS..?
Actually what we want is that the TDS amount must be deposited to DDO's TAN, not on DI's TAN, and the TDS amount must be updated quarterly.
But he is unwilling to do so.
Please suggest a way so that we can overcome the situation.
Thanking you,
With regards
Arindam Jha.


MANISH KUMAR
22 July 2017 at 13:56

Audit under gst

i m providing expert level training on GST. but can some one explain to me the basic funda of GST....as i only knw the expert level things and not all these basic dumb things abt GST. but my clients r asking basic qns also, so can somebody with low level knowledge plz tell me basics of GST.

only good looking ppl reply....ugly ppl stay away from me


VIPIN NAIR
22 July 2017 at 13:55

Input tax credit

Dear Expert ,

I have received an Bill from Resturant ( This Bill has No GST charged ) but the resturant is covered under Composition scheme of GST.

My Question : How to Book Bill ? ( Under RCM or Non Taxable )
I am using SAP System in my Orgnization.

Pls support your answer with Section and Notification.

Thanks in Advance



Anonymous

Mr X is not an Indian citizen though he is an ordinary resident in India for FY 2016-17 due to his employment purpose. He has his own cars and residential property outside India but he doesn't earn any income outside India. He has earned salary of Rs. 1.2 crores in India & thus he is required to file ITR 2 for FY 2016-17 (AY 2017-18).
His wife and child does not earn any income from India and are not Indian citizens.

Is he required to fill following schedules of ITR 2--
1. In sheet SPI-SI-IF, Schedule SPI : in nature of wife & minor child income
2. In sheet TR_FA, Schedule FA : in nature of foreign assets
3. Schedule AL : assets and liabilities (both current & fixed)


yogesh kothari
22 July 2017 at 13:17

Travel agent

1. What is the GST rate for Air Travel Agent
5% or 18%

2. On which amount this rate will be charged
on commission or on base fare of air ticket

3. How will valuation rules under GST apply to Air travel agent (it says 5% of Basic fare is value of services)

4. Which ITC is an Air Travel Agent elegible to take.

5. Any relevant section/clause/rule for computing tax liability and input availability


Manpreet Kaur
22 July 2017 at 13:15

Itr

Whether Nil itr of Fy 2016- 2017 be filed without any penalty before 31st july,2017?


Asim Kumar Das

Respected Sir,

While filling up my ITR-1 online I find that in Sch TDS2 a particular Bank TDS deposit
against my fixed deposit interest is being shown less ( to the extent of TDS in respect to 1st quarter 2016-17 FD interest ) than what is actually deducted and shown in my AS26 and Form 16A (TRACES) issued by the concerned Bank .
may I change the amount shown in Sch TDS 2 in ITR- 1 shown against that particular bank or add the differential amount in the Sch TDS 2 in another additional line.
please suggest and oblige.

With Reards,

Yours Sincerely

Asim Kumar Das


Arvind sharma
22 July 2017 at 12:36

How to claim int. exp.

An indivisual having interest income (on unsecured loan, FD and saving bank account) under Other Source Head.
He also have some interest exp. on unsecured loan
Whether he can claim the same exp. and if yes then under which head and how ??


Manoj
22 July 2017 at 12:18

Incometax for house wife

Hi ,
Recently my wife and mother received message for E filling . When i reviewed the 26 AS , some amount deducted as a TDS .
1.They already fillied 15G form ,why this amount deducted .
2. Which form they have to file to get back return .
3.They having FDs in SBI , but we could not calculate total interest earn as a income .





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