A PERSON PROVIDING SERVICE AS A REPORTER TO ONE OF A PRINT MEDIA IN MUMBAI, HE HAS RECEIVED INCOME AFTER TDS U/s 194J,,, MY QUERY IS, CAN HE CLAIM INCOME UNDER SEC 44ADA OR TO BE SHOW UNDER INCOME FROM OTHER SOURCES?

in case of an automobile dealer we are purchasing it by paying gst. But can we not take gst as part of closing stock value? If we can not then how do we treat gst component that is held up in physical stock in progit n loss accountregards

A Joint Development Agreement (JDA) exists between a landowner and a developer for construction of flats. In such development agreement, both parties will share revenue in ratio of 5:95. All the revenue money shall be received by the developer and all the development expenses will be incurred by the developer.
How the GST liability will be discharged in such a case in the hands of both developer as well as landowner?

dear sir
I have filed ITR for A.Y. 2016/17 claiming TDS deducted from my salary.However 26AS not showing the same despite many request to my employer for correction.Now intimation u/s 143(1) sent by department denying TDS and demand for tax.What to do?

Respected all,

I need a help related to ITR 2. I downloaded java utility from income tax website. One of Individual sale residential property 1800000 rs. and cost of construction 962832 and capital gain 837168. He deposited 1800000 rs. in capital gain deposit Scheme. but when i fill data in ITR 2 form in capital gain and claimed deduction under sec 54. but it show tax in 837168*20/100= 167434 but after deduction 54 there should be no any capital gain. I already fill details of sec 54 but it show tax but not showing any income in total income tab. can any one help me for it. why it show tax after claiming deduction under sec 54

My mother in law and wife has a joint FD. My mother is senior citizen but my wife is not. Being the senior citizen, the FD gets 0.5 percent more on interest. But, the interest of this Joint FD was transferred to my wife' s SB account.

The clarification is kindly sought on whose account (whether it is on mother in law's or wife's account) the accrued interest of this joint FD to be accounted while arriving their income in that particular financial year.

Kindly clarify.

Thanking you,

regards
raman k

One of our client have received GST Discrepancy notice for the Quarter OCT to DEC, in that notice they have mentioned that we have claimed excess input for the above mentioned period amount in Rs.251161.92. But after checking with our computation, we have noticed that our client has taken some bills input of September, taken in October month and October month input taken in November so difference have been araised.
so how we could solve this Discrepancy..??

sir ,we are a pvt company, we have agriculture income of 9,50,000/- and the expenditure for that is 4,30,000/- & we have the business income of 2,50,000/- after considering the above agriculture exp and the agriculture income is exempted u/s 10(1). we have a doubt while calculate pgbp income is agriculture exp is allowed or disallowed.

Dear Sir / Ma'am,

We are not in the business of Vehicle. Can we take ITC of repairing expenses incurred on Car used for the purpose of business?

I have sold land and having capital gain now my query is how I have to pay the tax on the same.i heard that if I have not taken the indexation cost than I have to pay the tax at the rate of 10 percent instead of 20 percent.please clearfi.