GAJENDER

A company is paying office rent to its one of the director who is also getting salary. Whethter service tax is leviable on this?and if Yes who is supposed to pay service tax company or the director?please give reference to your answer.



Anonymous
14 March 2017 at 23:22

Non filling of returns

hello expert,

My question is that I have no taxable income from last three years, now under compliance section of efiling website shown that CIB-502 Contract of Rs. 10,00,000/- or more in the Commodities Exchange, whereas I am never traded in commodity market.Infact 4-5 years ago I opened a Demat account but after some time stop trading even I don't have any holding shares too, so please suggest me how can I deal with this problem



Anonymous
14 March 2017 at 22:01

Interest u/s 24

My client have taken loan in 2010-11 for purchase of flat. Its possession is handed in march 2017. total int upto 31.3.2016 is 11,15,931. Interest for fy 31.03.2017 is 1,48,425. I have doubt that possession is more than 5 years from date of loan so will he not be allowed deduction of 200000? and does limit of possession within 5 years of loan is also applicable on pre construction interest also. Please guide in detail about taxability...


Urvish Panchal
14 March 2017 at 21:51

Kachha aaratiya and pacca aaratiya

What are these two terms I.e Kaccha aaratiya and Pacca aaratiya means ? w.r.t to section 40A(3).


Shraddha Tiwari

h for scoring exemption if i m second attempt student of ca fina?



Anonymous
14 March 2017 at 17:54

Taxability of a service

One of our client is providing transportation services to general public (pick up and drop from one place to other). Kindly provide the applicability of service tax and clarify if any abatement is applicable or not


Arvind
14 March 2017 at 17:48

Which return need to be use

Hi Expert,
i am salary person as well as i am partner of one partnership firm and getting partner remuneration from there, my query is as follows:
1) which ITR need to be filed
2) under which head show that income (i.e.partner remuneration)
3) if that income shows under income from Business and profession then where need to be show in ITR.

Kindly suggest as i have to file my previous year return.
Thanks & Regards


P AGRAWAL
14 March 2017 at 17:43

tds

tds is dedicated by individuals/HUF if they are covered u/s 44AB in the previous financial year. but if an individual covered under 44AB in the f y say 2013/14 tds is deducted in fy 2024/15; but if same individuals is out of the ambit of sections 44AB in fy 2015/16 March ended 2016. whether tds is required to be deducted in fy 2016/17.


benazir
14 March 2017 at 17:37

Gift and capital gains

When a person gifts a house to major son how is the house shown in the donor s income tax return

TIA


Arvind
14 March 2017 at 17:35

Which return need to be use

Hi Expert,
i am salary person as well as i am partner of one partnership firm and getting partner remuneration from there, my query is as follows:
1) which ITR need to be filed
2) under which head show that income (i.e.partner remuneration)
3) if that income shows under income from Business and profession then where need to be show in ITR.

Kindly suggest as i have to file my previous year return.
Thanks & Regards





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