Anonymous
18 December 2018 at 18:59

Speculative txns

an assessee engaged intraday txns in online. Total intraday sales Rs.30800150. Total loss in intraday txns 147555. Other income Rs.205000. Whether he is liable income tax audit u/s 44AB


dilwar hussain
18 December 2018 at 18:16

Notice issued u/s148

I have received a notice u/s 148 for the AY 2011-12 on 17.12.2018 i.e Beyond 6 AY, is it Valid? In this notice it is mentioned that a notice u/s 142(1) was sent earlier (20.09.2018), where no such notice was received in actual.


dilwar hussain
18 December 2018 at 17:42

Notice issued u/s 14i

I have received a notice u/s 148 for the AY 2011-12 on 17.12.2018 i.e Beyond 6 AY, is it Valid?
In this notice it is mentioned that a notice u/s 142(1) was sent earlier (20.09.2018), where no such notice was received in actual.




Anonymous
18 December 2018 at 17:14

Service tax notice reply

I have received a notice from Service tax dept. Mumbai for short service tax payment.

please give me a draft letter format to complete the scrutiny



Anonymous
18 December 2018 at 16:40

Deposit

Can a private company take loan at interest from an individual outsider? Will that not come under deposit? And as per deposit a private company cannot take loan from individual outsider. Kindly advise.


Gurwinder Singh
18 December 2018 at 16:25

Gst tds credit

Dear All Expert

One of my vender has deduct tds in the month of nov-18 and the amount of tds is showing in gstr-2a of nov-18 ( part-c tds credit )

my q. is how to adjust that tds in my gstr-3b. ?
what is the method of claiming that tds credit ?

kindly help me ?



MAHESHA R

Dear Expert

Kindly advise whether the manufacturer is eligible for GST Input Tax on charges of hazardous Waste disposal

Best regards


Abhijit Kolte

I have run into the following problem.

Oct 2014: Original house sold for long term capital gain of 19,00,000 and Amount put in a Capital Gain Account Scheme account.
Jul 2015: ITR2 filed claiming (or showing) exemption under sec 54
Mar 2017: bought land.
Sep 2017: Completed construction of house. Total cost, including land, : 29,00,000 (19,00,000 from CGAS account + 10,00,000 from other sources)
Jul 2018: ITR1 filed without any reference to the newly built house.
Aug 2018: ITR1 accepted and intimation under sec 143(1) issued.

CGAS account has still not been closed. (Closure requires permission from A.O. and I have not yet applied for that)
I want to sell the new house now for 45,00,000 (ie. within 3 years from date of construction)

What will be my tax liability?
What is the last date to close the CGAS account?

The ITRs were prepared and filed by a tax consultant since I really dont know much about tax filing.


C.H.MENON
18 December 2018 at 14:30

Uploading of documents on roc website

Is it necessary for two Directors to sign the financial documents of a pvt ltd company which is to be uploaded on website of ROC



Anonymous
18 December 2018 at 14:09

Outstanding demand against refund claimed

Dear Sir/Madam

As I have filed ROI(Return of Income) for A.Y 2011-12 & demanded refund by me Rs.15000 however AO has raised an demand of Rs.6500. The Difference has been arised due to AO has not consider one party's TDS which is showing in my 26 AS, so it is mistake of AO

Therefore Guide me procedure how can I will get my Refund of that ROI of A.Y 2011-12 now in 2018, guide me ASAP
Thanks in Advance






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