Dear sir/Madam,

My son is working in a Private Ltd company for which he has been receiving monthly salary. At the same times, he works/supports occasionally for direct selling firm during his spare hours for which receives commission which was amount of average 1000/- per month. TDS was deducted also while paying the commission. Now, the form 25AS shows, the salary details and its TDS and commission and its TDS.

Now, he wants to file his ITR. Though the Salary has been the main source of income, the inclusion of commission/TDS throw a confusion for selecting the correct ITR form for this assessment year 2018-19.

Kindly help him to choose the correct ITR form for filing his ITR.

Thanking you,

regards
raman.K

I am an NRI based in UAE earning 5lakhs annual rental income from lease of my apartment in India . 30 of rental income is allowed as deduction for income tax calculations . My tax liability on the balance income of Rs 3,50,000/- is Rs 10000/- Can I repatriate in foreign exchange to my overseas bank account in UAE : Rs 5,00000/- less Tax of Rs 10,000/- i.e. RS 4,90,000/- OR Rs 3,50,000/- being the income after standard 30 deduction and less tax of Rs 10,000/- i.e. Rs 3,40,000/- Please advise .

Dear All,

I completed Bcom from Mumbai University in 2011. I am planning to pursue Finance course from Mumbai in part time. Please provide me some well known Institute for MBA Fin course.

Urgent

My friend is having commission income 10lacks plus and TDS deducted U/s 194H.(FY 2017-18)
which ITR is suitable for this commission income ?
if the ITR 3 is applicable then he eligible to claim expenditure?

may i use ITR 2 for this income?

if the commission income is less than 400000, can i use ITR 2?

My friend having commission income 10lacks plus and TDS deducted U/s 194H.

which ITR is suitable for this income ?
if the ITR 3 is applicable then he eligible to claim expenditure?
may i use ITR 2 for this income?

if the commission income is less than 400000, can i use ITR 2?

Sir
I am a Individual travel agent and my client wants for tour package from me to cover all Japan. And for the same I have confirmed & arrange the same from a Japanese travel agent which is registered as a company and for that the invoice amounts to US$ 4318.20 i needs to pay. so I would like to know the Income Tax & FCRA compliance before payment of the same. And the follows
1. Weather 15 CA & CB is required ?
2. Weather TDS required to be deducted ?
3. What will be the rate of TDS that needs to be deducted (if any).
4. Is there any changes if i send $ 200 for just booking and after getting the VISA sent the balance amount ?
Bill Details
Tour Base------------ $ 3,998.00
Single Supplement--$ 900.00
Discount ---------------$ 100.00
Total -----------------$ 4,798.00

Agent Commission 10% by wire transfer ----- $ 479.80

Net Trasferable-----------------------------$ 4,318.20

Hello Sir,
My query is if any per has taken loan against F.D. and has given same money to some other person. Now he receives interest from such person and he pay interest on loan .Whether the such interest paid can be claimed against such interest received in income tax.

Thank You.

FOR EXAMPLE:
ABC (FIRM) OUR FIRM

PQR(FIRM)CUSTOMER

XYZ(FIRM)CUSTOMER

ABC(Our firm) issued a service GST bill to XYZ , tds deducted and remitted. But by mistake, at the time GSTR1 bill to XYZ uploaded with the GSTIN number of PQR. So input gone to the name of PQR. XYZ is not in the picture in GST case.

So how to rectify these error in GST.
1) Now XYZ no input available
2)For PQR ,input of xyz seen but not accepted by PQR.

kINDLY REPLY AT THE EARLIEST....

If an employee works in more than one company simultaneously, is he required to furnish any declaration to the employees he is working under about the salary he receives form the other employees and tds deducted thereon?
If yes, then in which form he should furnish the declaration.

DEAR SIR

RATE OF GST CHARGES ON WORKS CONTRACT SERVICE PROVIDED BY SUB CONTRACTOR TO MAIN CONTRACTOR PROVIDING SERVICE TO GOVERNMENT AND IF SERVICE PROVIDED TO OTHER WITH MATERIAL AND LABOUR.

PL. SUGGETS THE RATE OF GST CHARGES 12% OR 18 % , CAN TAKE OF ITC OF INPUTS UNDER WORKS CONTRACT.