Anonymous
01 June 2018 at 13:33

Income tax return filling

whether we can file income tax return without paying income tax penalty which was imposed on us?



Anonymous

Dear Team,

what is the HSN code of giving the JCB (EARTH MOVERS) for hire/rental services??
and what is the GST rates for the same??



Anonymous
01 June 2018 at 13:08

Mutual fund sip or lumpsum

I want to invest in mutual fund. Can any one please suggest which is best platform ? Please share some reliable online platform. And which will be better SIP or Lumpsum for long term investment?


Rajesh Uttam Khatpe
01 June 2018 at 13:02

Pan is mandatory

PAN is mandatory for invoice any notification/Circular.


Sai Kiran

Hi Friends,
Our company has made a foreign payment,which is liable for TDS. But we have not deducted the TDS amount from the party and we have paid TDS by reverse calculation method (considering that actual paid amount is 90%)
The said TDS amount is Rs. 2lakhs and this payment was made in June and if we file TDS return now i.e., 01/06/2018, we will face penal provision of Rs.200/day = Rs.64,000(app)
since we have paid TDS only for Compliance of I.T.Act. Now we don't want to file the return,because any way Deductee will not ask for any TDS certificate.
Please advice me on the following and are there any consequences of the same.



Anonymous
01 June 2018 at 12:49

Cash deposit in vendor account

Dear Experts,
In form of purchase if I deposit cash exceeding 10000 in vendor account. Whether the said transaction will be disallowed,

Thanks
ASAP


Prateek Bajpai
01 June 2018 at 12:42

Direct tax

If a tax consultant who is not a CA can file return taking benefit of section 44ada or 44ad or itr3


CA Meet Mankad

One of our clients were sending goods in two auto-rikshaws in the course of sales. Since the recipient was in municipal limit of supplier, e-way bill was not required. However during the transit sales invoice was NOT available with the transporter and hence goods were detained by the local GST officer and penalty @100% of tax u/s 129(3) was levied.

My query is can i go for an appeal for waiver of above penalty and does i have any pint to fight upon.

Thanks in advance



Anonymous
01 June 2018 at 12:40

Tds deducted at a time from salary

Sir, my employer deducted 60% of total income tax to be paid throughout the year from my yearly earnings from my may month salary. Is it permissible be income tax law or should be deducted gradually in monthly instalments from my every month salart till march end. thanx.



Anonymous

In March 2017, my mother sold a long term tax saving mutual fund and earned profit of 55K. Apart from pension and the bank FD interest that is the only additional income she had. So while filing Income tax Return, which form she should use? Is it ITR-1 or ITR-2? I believe she can use ITR-1 and declare the earned profit on mutual fund as Exempt income under Sec. 10 (38). But please confirm. Thank You.






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