Deepak suri
30 July 2018 at 22:49

Exemption under 80 d

My mother, a super senior citizen spent Rs 4 Lakh on her medical treatment during the previous FY 2016-17.Being a CGHS beneficiary she got a refund of Rs 2 Lakh . Can she claim exemption of Rs 30,000 under sec 80D. she does not have a medical insurance .


yogesh Dabholkar
30 July 2018 at 22:04

Gross receipts

Sir,
Your advise is required on my brother Income tax file.
He is a lawyer by profession and his wife is also a lawyer. The gross receipts of my brother is app 17lacs. So while filing itr4s what amount shall I show in the gross receipts. Is it half divided between husband and wife as tds is deducted only of husband.



Anonymous
30 July 2018 at 21:54

Tds

a person '' Ä'' (TDS provisions applicable) having an opening Credit balance as on 1st April 6.00 Lakh as unsecured loan from "B"
on 1st June " Ä" makes a payment of 7.00 lakh to 'B'
Assumes 1.00 Lakh as Loan given to "B'

What does the TDS provision say
TDS Liability arises or not ?




Anonymous
30 July 2018 at 21:28

Deduction u/s 80ddb

My father has been getting treatment of Parkinson disease. I have spent about Rs. 60000/- to pay medical bills. My father is an retired govt employee having pension & FD interest as income. Now my question is that whether he can claim the above medical expenses u/s 80ddb in his IT return which is actually paid by me?


Debasish Pramanick
30 July 2018 at 20:19

urgent help required for filing ITR2

which column of itr2 should I use to show Long term capital loss from sale of listed shares? I have total Long term capital loss of rs. 25000/-.  upto 15/06 profit of rs. 10000, from 16/06 to 15/09 profit of Rs 15000 from 16/09 to 15/12 Loss of Rs 25000 from 16/12 to 15/03 Loss of rs. 25000 Kindly suggest me which columns should be used to show Long term loss


rohit
30 July 2018 at 19:35

26as

In my form 16 total income shows is 7 lakhs approx where as when i see 26 as it shown income of 19 lakhs which is wrong what should i do ?


CSGupta

Dear Sir/ Madam,
One of my clients sold 22 carats gold ornaments for Rs. 30,00,000/- in the month of March 2018 and another sale had been made for Rs. 20,00,000/- in the month of April 2018. Later he purchased a residential flat for Rs. 55,00,000/- in the month of July 2018. He have no any other residential flat / house except this. Kindly advise me for claiming exemption u/s 54 F and if possible send the related case law also. Thanking you


MAKARAND DAMLE
30 July 2018 at 17:59

Notification no 13/2018

As per above notification against sr no 9 certain entries of multimodal transportation of goods are included

whether it covers Export Sea Freight ?


Ravindra Mahale
30 July 2018 at 17:37

Loan for business

Dear All,

If A and B took joint loan for business they are husband and wife , but only B is proprietor in a business. Then under Income tax law B can avail any benefit ? We can show this loan as secured loan in B's business.



Anonymous
30 July 2018 at 17:34

Circular resolution

Can a resolution giving consent to the Scheme of Amalgamation as a Shareholder / Creditor be passed by means of circular resolution?






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