For senior citizen can the payment of tax approx. on total income including LTCG ( Immovable Property - sale of a flat ) of approx. Rs. 12 Lakhs in FY 2018-19 (19.6.2018) be done at the time of filing returns (31st July 1919)
or it has tobe done earlier ?
and if so , what are the Penalties and Fines ?
I am a senior citizen

The client has started PG business. In this case Section 44Ad will be applied or not ?

Dear Sir/Madam,

While filling Income Tax Return ITR5 of BOI i am facing following error in JAVA utility.

":Percentage of share (if determinable ) should be numeric,non-negative,% decimal upto 2 places and should be between 0 to 100."

I tried all way but this error is still there.
Please guide

My friend is a tour operator and registered under GST as normal taxpayer. His tour package include booking hotel accommodation, food & taxi service through 3rd party. How could he comply the rules with respect to input-output tax and what would be rate of tax, applicable?

According to Notification No. S.O. 1213(E) dated 8 March 2018 the limit of Gratuity exemption exceeded to Rs. 20 Lakhs with effect from 29 March 2018..
My question is whether the date of effectiveness of notification is same for Govt. and Private employees
If any other notification or clarification is issued by the CBDT. Please guide.
With regards
Subhash

My son took up job abroad and left in March 2016 after working two years in a company ..He received EPF accumulated of 274500/- with tds 10% deduction in August 2018. He is NRI for AY 2018-19 & AY 2019-20 What shall be Tax implication for AY 2019-20.. Under which head of income to show in ITR and if standard deduction can be claimed of 40000/- for same, if shown as profit in lieu of salary under salary income.

GROSS RENTAL INCOME RS 64,80,000 LESS MUNICIPALITY TAX RS 1,59,603 Balance Rs 63,20,397 Less 30% Deduction Rs 18,96,119 Balance Rs 44,24,278 The land lord has paid no installment of advance tax hence I workout @ 40% tax liability 40% of Rs 44,24,278 = Rs 17,69,711 Please guide me and oblige what to do in such situation. Whether will have to be paid Rs 17,69,711.

Some one has advised me to claim remuneration to working partners and interest on capital also.

Dear freinds & Professional colleagues, I have received a bill of Rs.35000 from ASSOCHAM (Trade Association / https://www.assocham.org/) as sponsorship fees so tell me whether my company have to deduct TDS on this bill or not if yes then what is rate of TDS..??

XYZ (France) wants to carry out ‘Clinical Trials’ in India. For carrying out clinical trials, certain statutory permissions are required to be obtained from the Indian Government. XYZ had appointed PQR(India) to give this Regulatory, Administrative and Legal framework support for getting the required permissions from the Indian Government. For this service, PQR(India) will be charging to XYZ(France) in foreign currency. Is PQR liable to pay GST on it?

Respected Experts
Mr. X purchased shares of many companies in 1995. All these companies were listed in 1995. Subsequently with passage of time many companies have been delisted and many have been stricken off.
According to new rules if an assessee holds shares of unlisted company than he has to disclose the same in ITR-2. My question is whether the shares of delisted companies need to be shown in form ITR-2? We also have to mention PAN of these companies. So how to get PAN of delisted companies?
Mr. X also wants to disclose the shares of those companies which have been stricken off by MCA. He wants to claim capital loss in future whenever he has capital gain in other shares. So how to know the PAN of stricken off companies?