One of my clients want to file income tax return with AOP status, basically its a trade union registered under trade union act. On monthly basis contribution from members are submitted and persons in charge are managing exp based on receipts. They also have bank FD on which they have earn intt and bank deducted TDS. please suggest in which head income would be chargeable and is it exempt under section 10(24) if we show under income from other sources.

Finance Act, 2018 provide eligible deduction up to 50k for senior citizen for Interest on FDR. I want to know, can Sr. Citizen claim claim such deduction under Saving interest.

second is, Heart Sergey expenditure eligible for claim u/s 80DD.

Assessee is providing taxable supply to a tax deductor I.e. Govt. Agency But at the time of entering this invoice detail in GST common online portal GSTIN of Deductor is showing that GSTIN is Invalid in B2B though GSTIN is valid and also showing a valid status on search taxpayer option of GST online portal.
So, Does the Supply made to a tax deductor will be shown in B2C instead of B2B?

Dear Expert,

we have paid the audit to our CA till 31st march 2017, he has charged the same with GST to us, will our firm be eligible to claim the input for the gst paid to the CA for the audit fees.

Thanks in advance.

Regards
Mohith

Dear Expert,

We have purchased a property in 1991 for Rs. 29000/- and the same is registered in a individual tax payer name having 3 other properties on her name, and sold the same in the month of March 2018 for Rs. 2000000/-, i would like to know what will be our tax implication, how much do we need to pay tax on it, if we invest this entire amount in a new property within a period of time limit will we get an benefit, if so how time period do we need to invest that money.

Thanks in advance

Regards
Mohith

In salary I have deducted tds of a employee and return filed for the 1st quarter. In 4 th qurter TDS is done by other employer. Is it necessary to send his salary details in 4th quarter return which is paid by me in 1st quarter. and for the 1 st quarter can i generate Form 16 without filing salary details in 4th quarter return.

Dear
Can we take any service or expenses which we have received or buy inputs

I'm in a CA Firm and when we go for audits we reside in hotels for which we take reimbursement from client. I want to inquire that, do i need to charge gst on the amount of reimbursement.
Please consider it urgently

Dear Experts,

Have a good day.

we are manufacturing & Export base company in India. we Export our Goods to other country and buyer want to arrange the payment by Credit Card. is this possible.

We know that, if payment comes by Credit card, so purpose of payment in not mention and also this transaction payment advise is not generated by bank. but when we will submit the document that time we will mention the transaction number on lodgement document. so that bank can identify that, agenst this export payment is receive.

we have talk with our bank manager but not receive any satisfactory answer from his side.

Please inform us the best way, so we will follow that.

Waiting for your positive and early reply.

Regards,
Samir Belim

Can I make one consolidated gift deed for gift by cheque to both my mother and father in one single gift deed. Or I have to make two separate gift deeds?