A Person who's residential status is NRI and have 3 lakhs of income from FD Interest and filed income tax return for AY: 2016-17 with in the due date. He also have Abroad Income of 9,00,000 now he want to show that abroad income in his revised return and no tax is paid on that 9,00,000 in abroad. My question is

(1). Which return he need to file ITR 1 or ITR 2A (ITR-1 original return filed by him).

(2) Does he need to pay tax on abroad income of 9,00,000 in India?


Thanks in Advance.

Hi,

I have prepare service tax return 1st half & its transport service receiver (Goods transport Agency). Please send me Notification no for Exemption and abatement in service tax

thanks & Regards
sarjan sonar

Dear Sir,
Our company have provisional registration under GST Act. Now We are in process of obtaining registration under Service Tax Act. I understand that If company registered under GST Act , all taxes are collected & taxed under GST . I have doubt that It is necessary to obtain Service tax registration now, as GST are comes into existence from 1st July,2017?

Does a person engaged in home tuition required to maintain books of account u/s 44aa?


Please suggest , and thanks..

My company is in manufacturing of electrical parts. Aside from this we are also doing construction of building for a third party. 3rd party is a company. While raising the invoice we are charging service tax on 40% value of invoice as per Rule 2A(ii) of Service tax (determination of value) rules 2006. It is original contract.
The service tax charged from customer is paid to govt. via CENVAT (not in cash). The CENVAT used belongs to inputs & input services of manufacturing not of construction.
Now Superintendent of excise is telling that it is not allowed as one to one relation is not satisfied.
But as per me, we are manufacturers - hence, as per CENVAT credit rules 2004 - Rule 3(4)(e) we can discharge the liability through CENVAT.
Kindly suggest.

We are registered in Maharashtra, want to take warehouse in delhi to keep tax free goods for resale. Sale Tax Registration in delhi is required or not.

A professional person earn short term income from share market. Which yearly income is not taxable. Than short term income from share market is taxable or not. If yes, then what is the percentage of taxation.

We had made a challan of 30025 for registration of vat certificate. but due to some reason we are not going for registration. So, Please tell the process to get back the deposit.

I purchased a HUDA plot from original allottee through unregistered deed in year 2005, and got it re-allotted in my name. I paid annual installments till May'2015. No convenyence deed executed and no physical possession given to me. Its indexed cost as on 2015 is Rs 21.50 Lakhs.
I sold it in Aug'2015 under unregisterd sale deed for Rs 20 Lakhs. Circle rate in 2015 as notified by sub-registrar was Rs 61.25 Lakhs.
In Dec'2015, I purchased a residential house property in Delhi for Rs 67.50 Lakhs under registered deed.
Q1. Which value 20 Lakhs or 61.25 Lakhs is to be taken for Capital Gain u/s 50C, as no registered deed was made?
Q2. Which value 20 Lakhs or 61.25 Lakhs [less cost of acquistion 21.50 Lakhs] will be allowed as deduction u/s 54F?
Q3. How will the tax liability, if any, be calculated?
Please help me and reply ASAP. Thanks

SIR
FILED INCOME TAX ITR4S A.Y.2015-2016 - TURNOVER 4800000/-ONLY, LETTER RECD INCOME TAX REGARDING IMPORT PURCHASE MISMATCH . MY QUESTION IS I GO TO ATTEND INCOME TAX OFFICER BUT ASSESSES NOT COME OFFICE, I AM CONSULTANT, OFFICER ASK POWER - WHAT IS MEANT BY POWER , HOW MUCH TAKE STAMP PAPER AMOUNT TAKE

POWER LETTER FORMAT PLEASE GIVE ME REPLY URGENT