Hello,
1. Lic Premium Paid on 01.04.17 which is due on 31.03.17. Can it be claimed as deduction u/s 80 of income tax in A.Y 17-18?
2. Lic Premium Paid on 08.03.16 which is due on 31.03.16 but not claimed as deduction u/s 80c of income tax in A.Y 16-17. can be claimed as a deduction in A.Y 17-18 due to not availing deduction in the previous year.
3. What will be the deduction if the policy is term policy for an individual up to the age of 70 years and the premium paid by him is 20000 and the sum assured value is 75lacs? as it is less than 10% of sum assured entire 14000 will be allowed as deduction or not

Should PPF interest must claimed every year as exempt income ? I was not aware till now. What should I do?

Hi,

I have submitted wrong itr form but I have not done e- verification yet, it means I should be able to fill new form and submit it but it is not allowing saying that only one ORIGINAL form can be submitted. SO i tried to fill revised form but getting error that you cannot submit revised as you have not filed any itr.

I am seeing the resolution to e-verify the submitted one and then try revision for the new one.
But what is the use of verification of ITR V if I am not able to re-correct it. Infact I have verified and found that form submitted was wrong hence there should be facility to re call it right??

Anyway, Is there any way i can re-call the submitted(but not e- verified yet) and file a new itr1

Thanks
Ronit

when an assessee has salaries from 2 employers during a financial year .. is he suppose to opt for ITR-1 Or ITR-2 ?

is the deduction for conveyance is per employer or per assessee ?

Whether income is taxable in the hands of person or his minor child?
interest income is received in bank account of person on fixed deposit in the name of his child. Fixed deposit is made from alimony received and only child has right on maturity amount of FD after becoming major.

I am submitted by GST profile by fresh registration on 8th july 2017 & also got ARN number. But status still showing pending for process what should I do now ? please help

Dear Sir,

An individual runs his small tea canteen in slum area having daily turnover of around Rs. 8,000 ( Rs. 28,80,000/- yearly). He runs his business in rented premises.

He is selling his one tea cup at Rs. 10/- and also selling biscuits and cakes.
His total purchases like milk, pastry etc. is from unregistered dealers.

My query is that -
Whether GST applies to his business?
Please clarify.
Regards
Hayedar Shaikh

I had applied for GST Registration and have received REG-06 (As a composition dealer). As I was not earlier registered under VAT Act or other Acts due to non-taxability of items I dealt in.
I want to confirm the following points:-

1. In which form STOCK INTIMATION is to be filed?
2. Stock upto which date is to be given & by which date? (I have applied on voluntary basis as on 20-July-2017 & received cert. today i.e 26-07-2017)
3. What are the other FORMS that I need to file as a composition dealer?
Please guide.

it take hw much time to complete IDT ?? plzz suggest ur views frnss