If we have claimed more deductions than what we have.. Is it possible to get income tax refund from AY 2017-18 onwards?? Because Dept is issuing notices u/s 143(1)a which asks about clarifications for such excess deductions!!

I AM CLOTH MERCHANT. MY SALE IN LAST YEAR IS 40 LAC AND IN THIS YEAR UP TO TILL DATE TURNOVER IS 18 LAC. NOW I WILL APPLY FOR GST IN VOLETARY PROCESS AND IN COMPOSITION SCHEME. TODAY MY STOCK IS AROUND 12 LAC, IF I CAN APPLY FOR COMPOSITION SCHEME THAN WHAT IS GST RATE WILL BE PAID ON OLD STOCK I.E 5 % OR 1 %.










5

Hi,
I've to file IT Return for NRI from INDIA. is it necessary to file return through Representative assessee or can we file ITR by mentioning the details of NRI in(ITR Verification Menue) such as Name and PAN of NRI.
Please help me..

With Regards,
Narsihma R

what is dearness pay? is it different from dearness allowance? please explain it with example?

I am selling readymade garments and my annually turover will be less than 20 lakh. So let me suggest for my following query :-
1. Is its necessary to take or registered under GSTIN
2. Can I making purchasing from Interstate (otherstate) without registered in GST.

A person takes tax saver FD of Rs.1.5/- Lacks in April 2016. He died in may 2017 before filling ITR. Now this FD is being closed due to his death. So should his legal heir show this amount in 80C or not while filling ITR on his behalf? Please Suggest. This FD is being closed now by bank.

Dear Expert,
I have income from two house properties and business turnover of 105 Lac with 9Lac profit. I tried filling in ITR-3 under no account case as per 44AD but the utility asks for balance sheet and PL details. without which it shows the return to be defective under section 139. Please help as we are tried using excel/java utilities but with same message in the end.

By mistake i selected wrong ward no. during registration now i came to know that i committed mistake.please provide suitable guidelines.

Dear Sir,
Whether the last date for linking the PAN Card with Aadhar Card in the Income Tax Portal is 31st August'2017.



Thanks,
Abhishek.

Dear Sir,
I am a civil contractor of PWD. I have following queries -
1. ITC paid on raw material like cement etc , would be eligible adjustment against output tax liability.
2. What is the tax rate on civil construction like road, drainage for govt. departments.
3. Whether any composition scheme available for civil contractors?

Please reply soon.