Sir
I had invested the capital gain on sale of property in capital gain scheme in Feb16. Now I am not able to purchase property. The scheme period will mature in July2018.
My question is that can i extend the FD under the scheme after 2 years? Or I have to give tax on the amount if I do not purchase property within time period of 2 yrs?
Pl guide.
Regards

DEAR EXPERTS,
A STATE GOVT ORG. HAS RECEIVED INTIMATION U/S.200 TO PAY HUGE LATE FILING FEES FOR THE YEARS STARTING FROM F.Y.2009-10. THE REASON FOR LATE FILING OF TDS RETURNS WAS DUE TO IMPROPER ADMINISTRATION OR COMPLIANCE MECHANISM IN THE STATE GOVT ORG. THEY HAVE PAID APPLICABLE INTEREST FOR LATE FILING

Q1) IS THERE ANY REMEDY AVAILABLE FOR THE ASSESSEE FOR REQUESTING WAIVER OF LATE FEES?


A2)CAN I RELY ON THE Gajanan Constructions vs. DCIT (ITAT Pune) CASE WHERE IT WAS DECIDED THAT 234E FEES CAN BE LEVIED FROM 1-6-15, PRIOR TO THAT A.O CANNOT COLLECT LATE FEES U/S 234E?
IS THERE ANY OVER RULING NOTIFICATION OR CASE LAW OR AMENDMENT TO THE ABOVE CASE ?


THANKS IN ADVANCE

Hello
Pl give the rate of GST on internet advertising.
And Also tell can i apply for composition scheme. My turnover is below 20lac.
Regards

Dear all,
my client filed IT Return U/s 44AD for A.Y 2015-16 (turn over below 1 crore)

in A.Y 2016-17 & 2017-18 IT Returns were filed through tax audit (turn over below 1 crore)

Now again they want file their IT return u/s 44ad for A.Y 2018-19 (turn over below 1 crore)

Is it correct, because some one told me if once Opting out from this section, in next 5 years can not avail the 44AD section

please clarify mee

Dear all
my client was dance master, so he is professional,

CBDT U/s 44ADA notifies some (seven) Professionals,

as per above section they have to file IT Returns either 50% offering on Gross Receipts or Tax audit

dance master (not cinema field) not covered above section

he is not maintaining books of account

so now i want to file this case in ITR 4 in P&L at Serial No.53 (with out books of accounts)

Is it correct or it to be audited

Can the input GST paid on the repairs & Maintenance of a vehicle be claimed where the Assessee is in the business of whole sale trading of goods and the vehicle is not used for transport of the goods rather used for business purpose (like travel by proprietor for business purpose etc)

Hi Everyone,

We have a Private Company incorporated in 1954 and Previously we issued share certificates by mentioning that "Incorporated under the Companies Act, 1956". and we made allotment in this year and we are issuing Share Certificates for them.

My doubt is whether we have to mention in share certificate that "Incorporated under the Companies Act, 1956"
OR "Incorporated under the Companies Act, 2013"

Kindly clarify in-detail regarding the above Subject. It's Urgent..

Dear Sir,

I am doing direct entry in IPCC, I have plan to write exam in may - 2018, i wish to change old syllabus to new syllabus, how to change my syllabus Please guide me experts.

Firm started on 1.4.16 with 2 partner. Introduced capital of 50 lakhs each. At the year end
firm paid intt on capital@ 20% only and didn't paid any remuneration. Firm will be allowed intt on Cap @12% and disallowed @8%. each partner is getting 10 lakhs as intt. there is no other income except intt on cap in hand of partner

I have dought regarding the taxability in the hand of partner. plz discuss tax liability in their hands

SIR/MADAM,

CAN YOU PLEASE HELP ME IN ANSWERING THE FOLLOWING QUESTIONS.
1. WHETHER AN UNREGISTERED TRUST CAN FILE ITR UNDER AOP STATUS,since the trust have earned income from business and want to declare profit of Rs. 125,000/- where the total income is about 85,00,000/- ?
2. if yes whether it would be liable to 44ab ?