Anonymous
18 June 2017 at 17:21

Regarding income tax

I had made an fixed deposit of 10 lakh on august 2016 and I had never filled income tax return, not even a single time. How can I plan my tax return legally to avoid income tax scrutiny in future. At this point of time this is my only source of income.



Anonymous
18 June 2017 at 17:20

Gift from father

I am planning to purchase a house for approximately 1 CR. My father, aged 85 years, will be giving me a gift of approximately Rs. 10 lakhs by cheque.
Please advise if the gift is taxable in my hands and whether there can be any adverse implications for my father from this gift in the event of a scrutiny of my return.



Anonymous
18 June 2017 at 16:40

Section 44ad

Dear members, as we know that a person is barred for next five years from using 44AD if he discontinues it.
What if the business is new and eligible assessee, but wants to declare less than deemed profit? I think that subsection 4 won't be applicable then. Am I right? If yes, then what would happen under this and other sections like 44AA & 44AB?

And for other business, what would happen after end of five year of disqualification?


PRASHANT
18 June 2017 at 14:09

jobwork-urgent reply needed

Is Processing,sizing,bleaching,dyeing includes in job work defination or it is part of manufacturing?.....job workER is out of the ambit of GST i mean is it in exemption list..... thanx in advance....


CA PRATIK DHRUVE
18 June 2017 at 13:47

Gst rate on gaming cd

What is GST rate on gaming discs, CDs and DVDs?


MOHAMMED ASGAR Bhati
18 June 2017 at 13:14

cash deposit in bank by customer

Dear Experts,  Please clarify on cash deposited by the customer directly to our bank account will be considered as cash transaction or will consider transaction through bank U/S 269ST.  Bank details are with customer for doing RTGS to our account.


shubham
18 June 2017 at 13:01

Fixed assets register

Sir/ madam, how to prepare a fixed asset register of a college ? Whether to show item wise details or to show total additions at the end ? Give an example...


Mahender Singh
18 June 2017 at 12:54

Filing of tds return

Our PAO has deducted Income tax from salary bill & deposited with ITax and provided challan with BIN No but our CIN No how can we obtain CIN no


nagaraj

If I convert from cpt route to direct entry route, am I able to appear for ipcc in this November or only after 9 month articleship..


Lalit Nagpal
18 June 2017 at 12:36

Gst applicability

Company having main business of Extraction of coal and sell it to power houses. But in addition to this, company gets some income from following heads. please let me know whether GST will be applicable on them.
1) Some space had been provided to Bank for ATM and getting some nominal rent.
2) school bus has been provided to children of employees and outsiders for going to school and for employees its free but from outsiders its chargeable but at nominal amount. Company paid hire charges to bus owner and schools are not under company.
3) Company is having community hall to facilitate employees and local people for functions and charges are Rs. 2000 to 4000 per day.
4). Company is running hospital for employees and medicines which are not available in company store can be bought from outside medical store. Medicine are taxable so will it be any ITC at time of reimbursement for medical expenses.
5) company has provided accomodation to contractors and amount is being deducted in name of house rent, electricity and water.





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