My friend would like to start a new venture as a proprietor. He wants to make the payment to Contractor. For his business, his PAN will be treated as PAN for his business too. I would like to guide him on how he needs to apply for TAN? Please guide me.

How he needs to apply PAN? On which basis he needs to apply for TAN?

I am in 10% bracket. I have some income from LTCG from debt fund. LTCG tax at 20 % after indexation is applicable . since i am in 10% bracket I will have to pay lesser tax if I can include this in my income from OS. is it OK?

A ltd is a company whose registered office is in Delhi and branch office is in Srinagar, B ltd is rendering services of manpower supply to A ltd in Jammu & Kashmir which is exempt sector for service tax , is B ltd liable to collect service tax as per place of provisions rules .
Please Guide

Sir
If Net Total Income is below exemption limit i.e, below 150000/- ,
whether penalty for belated return, filed after 31st July will apply.

Sir,

I have declare in presumptive Basis U/s 44 AD the PGBP Profit Books not Maintained , Which ITR Form Select
1) ITR - 3
2) ITR - 4 (SUGAM)

Please advice me

I have made profit in frst two quarterstaves and loss in next two STCG page demands filling quarter wise information but the utility do not accept negative values. what should i do

Hii,
Can anyone please help to know what amount to be taken as Cost of Acquisition for an inherited property which was bought around 100-120 years ago and which don't have any records of purchase.
The Property is sold in April'18.
Thanks in advance...

A registered dealer of andhrapradesh comes to odisha and purchases goods.The odisha dealer records the gstin of A.P dealer in his invoice.Now what is the place of supply in this case and what tax will be charged in the invoice by the odisha dealer cgst& ogst or igst?It is a intrastate supply as the delivery made in odisha?

My father is a retired person with income only from interest on bank deposits. Since he had submitted form 15H, NO tax is deducted by the banks. (They refused to provide proper Form 16A since there is no tax deducted and have only provided bank interest certificate on their letterhead). However, Form 26AS shows that they have provided partial information to Income tax department. For example, one bank has paid total interest of Rs 1.2 lacs (as per the bank interest certificate), however, the Form 26AS shows that they have paid Rs 28450 as interest with “Tax Deducted” zero. We understand we have to compute tax as per the amount shown on bank interest certificate.

My question is with respect to filling section TDS2 of ITR-1. In this section, column “Amount which is subject to tax deduction” shows Rs.28450 (which is fetched from Form 26AS). Do I need to change this amount to actual interest paid i.e. Rs. 1.2 lacs? or should I keep it as it is? We don’t want to answer IT Department queries for mismatching the numbers what they have in their system and what we put up in TDS2 section. Please advise, so accordingly we will file ITR. Appreciate your response on this query.Thank you.

i m received this notice with local department
Gentleman,
Please refer to the above subject matter. In this regards,it is to bring you to your kind notice that as per the list received from the Board, your company name(M/s Mishba Collection ) comes in the list of the assessee where supplies are being shown (as seen in GSTR-2A) but no outward supply return is being filed.

Hence, you are requested to give reason for non filing of your outward supply return to this office and file the same at the earliest