what is the consequences of non submitting Form 61A. what if we got caught by assessment us 143(2) for the said transaction. Kindly explain the concept of penalty of non disclosure
Answer nowMy employer has shown my 80/D deduction under wrong head. Instead of showing it as health insurance It is shown as HBA interest.
How may I file ITR?
Shall I have to face any probem in future while claiming HBA interest when I buy first home actually as it will be my second home as per form 16?
Dear Sir/Madam, A dealer who deals exclusively in zero rated goods . whether he is required to register under the GST.
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Last year one of my client(individual assessee) had turnover of Rs.1.25.00 cr but since the profit was less than 8% hence audit was conducted(due to section 44AD) Now this year he has paid job work to some party of Rs.180000/-(Turnover is still less than 2 Cr) Please guide me in this regard Thanks
what is meaning of 24 Q in column 320
Specifies the Amount paid to deductee.
Hello every one
Let me know us that what GST rate charged on tariff heading 87149990 & 87089900. I working as an accountant in manufacturer firm & we make two wheeler & four wheeler components under these tariff heading.
And what is the type of industrial intermediates goods under GST scenario.
And above said tariff heading lying under industrial intermediates goods or not.
I am under confusion regarding this. Hoping everyone / anyone solve my problem.
Thanks
RAJESH SEHGAL
rajseghal23@gmail.com
rstaxation2311@rediffmail.com
Whether every person having Tax Audit has to file Statement of Financial Transactions or not?
Answer nowgst trp1 form how to submit and where to submit
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Dear Experts,
Income tax law has added the entities in the definition of reportable persons u/s 285BA read with 114E which are liable for audit u/s 44AB. My humble queries are -
1. Whether the person is required to file a NIL report in form 61A, means is it compulsory to file?
2. If a firm has a turnover of less than 1 crore but to avoid presumptive taxation u/s 44AD, it conducts audit. Will this firm fall in the category so as to file form 61A.
Please answer promptly as the deadline is 31st May 2017.
Thanks for your time.
if i got profit in short term capital gain of Rs. 40000/- for Fy 2016-17 , so what tax amount on profit and who will liable to pay tax , brokerage CO. or individual , what is last date of tax deposit or any penalty
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