I M Virani
31 May 2017 at 16:38

Refund claim of tds deducted @ 20%

I had purchased ICICI Bonds in F.Y. 1999-00, which got redeemed in March '17 for which a cheque was issued to me after deducting TDS @ 20% for non submission of PAN. How can I claim refund now since I fall in the tax slab of 10%?



Govind JK Kolappan
31 May 2017 at 16:14

Gta and rcm - input credit

Dear experts

when a service receiver for goods transport, pays GST on Reverse charge - will he be eligible to take such RCM as input credit

Assume his out put is taxable under GST

Thank you



Anonymous
31 May 2017 at 15:34

Family pension

My Client's husband passed away but she did not receive any pension for next 33 months. Then she was given pension in lump sum for 33 months. How can I calculate tax on it. Also, is there any relief which can be claimed as it does not contain any arrears relating to pay commission?


Faizane Ilahi

Hello,

Humari Company Ne donation di tau uski entry kese hogi tally mein (Payment and Journal)

ABC READING SOCIETY(NGO)
Donation by cheque
Paid: 5000/-


rajni sharma
31 May 2017 at 15:32

turnover limit in gst

in present Norms..if turnover exceed 1.5cr that person come under excise liability ..in gst what is the turnover limit?and what if that exceeds that limit}? please reply



Anonymous
31 May 2017 at 15:28

Form 16 issue

We want to issue form 16 to employees. We downloaded form 16 Part A from Traces, & part B generated from payroll software. We want to now merge that both & sign it on both part A & Part B page after merging . Is there any app or utility for that ,which can help us.


DEVENDER THAKUR
31 May 2017 at 15:05

Which ITR form

If an Individual has earned income from 1 Salary 2. Rental Income from Residential Property 3. Income as Commissionn from LIC. Then which ITR Form shoild be opted to file the Return of Income for the A.y 2016-17. Plz Guide...


Pranavnath Nandan Bodas
31 May 2017 at 14:54

Tds on advances

we are pvt ltd co we are constructing power house for which we make advance payment on behalf of Contractor which is also pvt ltd. co. now question is Advance is given to Transport Contractor on behalf contractor in cash amount is Rs. 5000/- whether we are liable to deduct TDS on amount of such advance.


Prateek

If Personal Expense of Director is paid by Company then either we can disallow it in the Income Tax Computation or transfer the payment entry itself to Director's Current A/c in books. Which treatment is more appropriate in accordance with Income Tax Act and Companies Act.





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