Anonymous
09 July 2017 at 19:32

Defictive return (itr4)

RES ALL

MY ITR4 HAS BEEN DEFECTIVE & RECEIVED NOTICE US 139(9) and Error Description sent by IT Department-" Taxpayer having income under the head"Profit and gains of Business or Profession" but has not filed Balance Sheet and Profit and loss Account as required in explanation(d) under section 139(9) read with section 44AA

CAN RECTIFY DEFECTIVE ITR-4 IN TO ITR4S..?
Because I did not maintain any books of account & my Turnover only 5 lac.

Thanks


Pranjal
09 July 2017 at 19:25

Squaring off in derivatives

In derivatives market, is it mandatory to square off you position on expiry?Further, a call seller is also required to square off his position in a case where call buyer is not exercising the contract? What happens in that case?


Ramaswamy Thiyagarajan
09 July 2017 at 19:03

Hra

One of my family member has to claim HRA for the Assessment Year 2016-17(Return not filed). In the Form-16 of her employer HRA deduction not shown. If she adjust claim in gross income in return there will be mismatch between Form-16 and Return. HRA received Rs.88,874/-. HRA claim workout to Rs.54,191/-. What is the solution.


ashish munet
09 July 2017 at 18:48

Gst on transportation services

If limited company procuring goods from registered person and Seller is charging freight amount seprately in invoice than what will be the tax treatment under GST


ashish munet
09 July 2017 at 18:41

GST

If company get service from any unregistered person than company has to pay tax but whether it will be allowed as input tax credit



Anonymous
09 July 2017 at 18:34

Gst rate

PLEASE TELL ME THE GST RATE ON CONSTRUCTION OF RESIDENTIAL COMPLEX SERVICES. PLEASE GIVE ME THE NOTIFICATION. IS IT 12% OR 18%?


rishabh bhatia
09 July 2017 at 16:55

Composition scheme

Hi,

I applied for registration of GST as a composition dealer as last year my turnover is RS 70Lacs and also recieved the RC.

My 1st Quarter turnover is Rs 15 lacs approx.

Recently i watched the GST Masterclasse 3rd episode launched by Revenue secratery of India ( Dr Hasmukh Aadiya ) on youtube, In which they are saying that 1st quarter turnover is also to be included in the limit for calculating Turnover of Rs 75 Lacs.

Now, My concern is that i applied and received the Registration Certificate as a composition dealer by interpreting that my last yr turnover is below 75 lacs.

And as per Revenue Secretary of India , I m not eligible to opt for composition scheme , So in that case what should I do?


Please Suggest...



Anonymous
09 July 2017 at 16:27

Tds mismatch in income tax return

dear Experts,

thanks in advance for your time in resolving the query.

My query is related with income tax return e filing , while in the filing page total tds deducted by my employer is showing as Rs 15000 roughly whereas in 26 as tds deducted is reflected as 21000 roughly.
on checking the 26as , I found that booking date of quarter 4 (jan -march 17) tds is 31st may 17. so as such should not be an issue due to this ? or is it ?

now as 26as is reflecting as tds of 21k , I did try to enter the quarter 4 tds amount manually but it is showing an error as "tds on salary character invalid ".

what should I do in this case.


Manjunath.D
09 July 2017 at 16:24

GST Rate and Code

Can anyone help me with GST rate and code of engine part (filtering part) the used in vehicles made of Stainless Steel??



Anonymous

Dear Team,

In case i have refund in ITR, so is it compulsory to send physical signed ITR - V to CPC Bangalore in hard copy??,or is it valid to process the same by Adhar OTP linking or other OTP options?? if yes, than refund would be processed or not??

Thanx/Regadrs,

Sameer





CCI Pro
Follow us


Answer Query