Hi,

Please, Help me to know that how to tax on import of service for example ., Mr. B is a service provider having office in India (i.e., within taxable territory) provide service to Mr. A who also reside in India. Mr. B also utilize the service of Mr. C who reside abroad (i.e., out of the taxable territory ) to accomplish the service which was agreed between Mr B and Mr. A.
So what is tax liability in the hands of all party i.e., in case of:
a). Mr. A
b). Mr. B
c). Mr. C

Assuming
- service provided is taxable service
- non of the party fall under SSI category
- Period is FY 2015-16
- Mr. B is not an agent of Mr. C, he act as independent professional practitioner

Thank you in advance
:)

Dear sir i am salaried person my annual income 720000. i am show in my company that i am paid rent to my mother of Rs 250000 Annually f.y 16-17. So can i liable to deduct tds on rent paid please solve my query thanks

in proprietorship firm upto 30th jun.2016 we showing our own building under constriction and we have not charge any depreciation on this building but after complete of building can we charge depreciation our own building (in name of proprietor) using this building in business use. if depreciation is applicable than how much we charge and from which date onward.

Mr. A and Mrs.B are husband wife. Mr. A used to file return regularly. Mrs.B doesnt have taxable income so she dont file return. In F.Y.2014-15, Mr.A and Mrs. B purchased and sold property above Rs.30Lacs. Mr. A claimed expemtion in his return. However, Mrs.B doesnt hold any taxable income and she got notice from department through AIR-06 for purchase of property above 30lacs even though the entire property was financed by Mr.A and Mrs B. name was incorporated in agreement only for safety measures.

While Filing Compliance online, only below mentioned options are given :-
Self Expenditure/ Investment is out of exempt income.
Self Expenditure/ Investment is out of accumulated Savings.
Self Expenditure/ Investment is out of gifts/loans.
Self Income from transaction is exempt.
Self Expenditure/ Investment is below taxable limit.

However, Mr. A has invested entire funds and Mrs. B name was entered only as joint purchaser. While filing Compliance, there is no such option given in compliance window.

Please suggest what option from above need to be selected.

Registration charges incurred on purchase of land can be allowed as deduction u/s 80c

Assessee is a Marine Engineer and during the course of his employment, he has stayed out of India for 197 days. His salary for the entire year has been credited to a Local bank in India into his NRE account.


1.Whether his salary income is taxable in India due to the fact that his income is getting credited in India, or
2. Whether he would be non resident and hence exempted from paying tax in India?

Dear Experts

Basic salary may differ from employee to employee in one organisation?

For a.y 2015-16 i have received defective return notice. But response not given in 15 days. After that return got invalid. Now what should i do??

What name should be quoted in Partner’s detail page incase of LLP registration under GST ,if the another LLP is Partner in concerned LLP i.e It should be the name of LLP or person representing that LLP.
Kindly respond ASAP.

Dear Sir,

I were working in Indian subsidiary of French company, which board of directors were decided to apply for dormant company. Later on my head office called me and requested to replace existing only Indian director ( other one is French) and also promised to give monthly salary for running paper company as company did not follow rules applicable for dormant company.

After few months head office stopped to replying to my emails and also stopped remittances of my salary. Now it is difficult for me to file all regular returns and reporting's as I'm not getting any remittance from my head office. But I have doubt that government authorities will contact to me in future for non-compliances as my DIN is with MCA and I'm the only director who they can trace easily.
Kindly advice how to deal with this situation as I'm not getting any income from it I don't want to suffer any type of loss from this case.

Thanking You,

Mangeet