Do we have to show all expenses, if we are taking credit of input on expenses.
e.g Services Provided ( Sale) is 100000,
Expenses for Office= Rs 25000/- out of which Rs 15000 are the bills consisting of GST and Rs 10000 Bill are from unregistered suppliers. How much of Expenses will be shown in 3B, 15000 on which GST is applied or Total 25000 incl of GST and Non GST Bill.

What will be the situation when services provided are fully exempt from GST. Do we show the GST Bills in 3B both Suppy (Service) and Purchases( Expenses)
Please guide

Dear Experts,

During the FY 15-16, there was some amount to the tune of Rs. 8 lakhs to be paid towards Service tax. Due to the non payment from Creditors. We have landed with financial crunch and unable to pay the service tax till date.

Kindly clarify the consequences of this and if we have to pay now. What is the procedure of doing this since currently GST in force.

Thanks in Advance

I AM SANDEEP AND I HAVE REGISTER GST NUMBER IN AUG-2018 ,BUT IN F/Y 2018-19 NO SALE WAS MADE.AND I HAVE FILLED NILL RETURNS AND I HAVE JOIN LIC WORK AS AGENT IN JULY-2018 AND SHOW 26AS 5775 AMOUNT AND MY SALRY INCOME 240000 RS DURING THE YEAR 50000 RS AS RENT INCOME PLZ TELL ME WHICH ITR I FILLED

My father has received LIC maturity amount. The co has deducted TDS@1% u/s 194DA. Is it mandatory to disclose this amount in his ITR? If so, what is the applicable rate of tax on such amount or is there any exemption available on such amount...?

If one uses ITR1 instead of ITR2 to efile income tax return, will there be any penalty/fine? Kindly note, that there is no difference in tax obligation in both the forms and full tax has been paid.
The fault is only technical in nature as amount of LTCG from redemption of ELSS units
is much below the thresh hold of Rs. 1 Lakh and therefore ont taxable.

Sir,
I want to declare profit u/d 44AD, whether I would be eligible to file ITR 3 For FY 2018-19.
Sir , In ITR 3 of FY 2018-19, there is Column given to declare profit under presumptive income u/s 44AD

Hi,

For AY 2019-20, which ITR should be file for Income from Commission from Life Insurance Agency where commission Income is more than Rs.60000/- ?
Presumptive Taxation is applicable ?

Please guide me asap

A resident Sr Citizen has income only from pension and interest from bank fd and savings bank account.
He has no other source of income excepting a very small amount of LTCG from redemption of ELSS units invested more than 3 years ago to save tax. This small amount is not subjected to tax as it is much below the thresh hold of Rs.1 lakh beyond which LTCG is to be taxed.
Can he efile return in ITR1 or has to use much more complicated ITR2?

Hi ,
If there are 2 directors in a pvt ltd co. They get their salaries from the company, now who takes the net profit after tax from the company . Do the directors who are the only shareholders of that company take out that profit.
Thanks.

Earlier in 2016-17, i earned 270000 as commission income and tax deducted us 194d. and i shown inincome from business and profession.
and in 2017-18. i earned 150000 as commission income and tax deducted us 194d and i shown in other sources ..and i got refund also.
now quiestion is in 18-19 i also earned 70500 as commission income and 230000 business from stationary shop. so where to shoe both income. which head i have to select for proper return filling