Dear All sir,
Please Advice

A proprietor having a GST no. of haryana however no any sale or purchase during F.Y 18-19 but in april 2019 we have paid late fine of GSTR Rs. 7460.

and he has also a salary income of Rs. 441000 from teaching & tds deducted rs. 5100 u/s 192B.
so please advice which ITR form should opt to file ITR of A.Y 2019-20.

Thanks in advance

Hello Sir
I want clarification about deduction claim.
I am in possession of residential property from 2018 April. Now in May 2018 I started construction on collaboration vide agreement with the collaborator. Can I claim deduction u/s 80C and 24 B for the current FY. Pl advise.
Regards

We have to provide Form 10F to a indian custormer for the services provided.
I have following query regarding filling the form 10F:

CEO is signing the form but he has not having OWN PAN but Comapny having his own PAN from the authoirities.
Can he sign the form even not having his own PAN?
10F Should be signed by the perosn who is having PAN?

Thanks for your response.
Raja

My son is NRI and has received 274050/-from Provident Fund Commissioner after deduction of 10% TDS and 40373 without TDS as Pension contribution 27405/-.His employment was only 2 years in India and withdrawal before 5 years.Under which section and subsection of Salary
shall he be taxable and does the employer be shown with last he worked and left or the person Commissioner of PF from whom the amount is received?How to show under Salary head of Income in ITR 2 ?

Please consider this issue as important!

I have just begun my articleship training and I haven't registered yet. For the registration purpose, I tried to create an account in SSP Portal. For the Validation purpose, the page asks to give the SRO number and DOB. As I entered my SRO and DOB and clicked on "validate", the personal details shall appear on the screen.

Here the Salutation shows "Ms" instead of "Mr" and the Gender shows "FEMALE" instead of "MALE". All other details are correct except the above mentioned.

Pleasen help me resolve this issue at the earliest as I have to register my articleship soon.
I hereby disclose my SRO registration number below.

SRO0515597
DOB - 23/10/1996

Is it necessary to disclose the details of delisted shares of company which were once were traded on stock exchanges
but company has delisted but some one has some shares with him from this delisted company.
Number two there are too many Public company which were traded on stock exchanges but now vanished and
there whereabouts are not available. The public is having shares of such company. Should be this shares be
reported in ITR

Dear Sir,

Please let me know under which Section Tds to be deducted and what is the limit,
1.for salary paid to visiting lecturer/teacher/faculty, as and when required for taking regular college class teaching.
2.Salary paid to visiting lecturer/teacher /faculty for motivational speech/skill development/capacity building of student.
3. We are Trust having four different college. If same visiting lecturer/teacher/faculty in all four different college of trust, does tds have deducted on basis of clubbing the income of all four college.All four college have four different TAN number ,but PAN number one that is of trust.So in that case .How calculate tds -i.e if individual college pay below applicable limit, no tds to be deducted or , we have club and then deduct tds accordingly

Please do answer

Hi Experts,

If employee could not submit rent receipts to employer hence HRA exemption not considered by employer. Please advise if employee can claim exemption of HRA while filing income tax return.

Thanking you in anticipation

Ramesh

It is said that in case of F & O transactions, the turnover for Income tax purpose, in such types of transactions is to be determined as follows:

(1) The total of favourable and unfavourable differences shall be taken as turnover.
(2) Premium received on sale of options is also to be included in turnover.

My query is that is there anywhere written in the Act that the - "total of favourable and unfavourable differences shall be taken as turnover" or is it as per the guidance note issued by ICAI. If it is as per the guidance note, is it accepted by the Income tax Department?

Please suggest.

Hi Experts,
Please help me out with the below matter-

Case : A Pvt. Hostel provides accommodation to college students alongwith their in-house Mess Facility. They charge total 8000 per month from each student (All inclusive of Room Rent, Mess, Parking, Electricity,etc.)

Query:
1. What will be the applicable GST in this case on a single bill of 8000 per month * 12 months to the hostel?
2. Will there be any special GST rates on Mess charges even if the hostel is not quoting it separately in their bill?
3. What Licenses and permissions are required to run a hostel (with a mess facility) of 100 Beds?
4. What are the possible Income tax benefits that we can avail in this case?