Dear Sir

We are engaged in a resales of Electronics items, my doubt is that how to avail input tax credit on closing stock in case of pre GST to post GST. Whenever GST will be imposed on that date stock in hand available as VATable goods. What is the process to migrate VAT to GST on closing stock. From-which we avail input tax credit and how to sale this product in GST tax.
What is difference among CGST, SGST, IGST and UTGST
Services tax replaced which one. please guide me........................

In which section an Institute engaged in providing of commercial coaching services can file their return whether under 44AD or 44ADA? I think since professionals specified under section 44ADA, it doesn't fall into that so it has to file under 44AD but I have the confusion whether all those who are NOT covered under 44ADA and 44AE can file their return under 44AD or there is any specified business or profession? Please answer and suggest your opinion on above matters. Thanks

In which section an Institute engaged in providing of commercial coaching services can file their return whether under 44AD or 44ADA? I think since professionals specified under section 44ADA it doesn't fall so it has to file under 44AD but I have the confusion whether all those who are NOT covered under 44ADA and 44AE can file their return under 44AD?

Suppose Nephew a salaried person (outsourced on contract not permanent)= total taxable salary= 1.5 lakh in F.Y.2016-17 and nephew get a gift from Uncle (Father Brother) deposited in Bank in F.Y. 2016-17 by cheque and cash of Rs. 1.10 lakh and further Nephew get interest by saving and Fd from gifted amount .

Want to Fill ITR of F.Y. 2016-17.

1. which ITR used = ITR 1 or ITR 2.

2. how to show gift of Rs.1.10 lakh (from Father Brother) in which section of ITR1 or ITR2.(Note= Some C.A. says Nephew have to fill ITR-1 because Nephew is a salaried class because as per my search on internet if your exempt income more than Rs.5000 (Rs.1.10 lakh from gift is a exempt income or not) you have to fill ITR 2.Please clarify the situation. Nephew is on contract bases no form 16 issued to employee only outsourced employer give cheque which is deposited in bank and salary slip is also not given.

Regards,

Munish Narang

hello sir,
we are having a small firm of proprietorship. we are labour job provider
we are getting payment mostly in cash.
so what can i do for f.y.2017-18 their is restriction on 2lacs above cash.
2) secondly i want to know that this is limit of 2 lacs cash restriction is for what deposit in bank or receiveing from customer.

please reply soon,

i want to know
how to see TDS deposited amount in 26 AS while i am not register on any income tax site
and also how to file ITR while a m not also not register on any site , please help me how to see TDS deposited amount and file ITR,

Suppose Nephew a salaried person (outsourced on contract not permanent)= total taxable salary= 1.5 lakh in F.Y.2016-17 and nephew get a gift from Uncle (Father Brother) in F.Y. 2016-17 by cheque and cash of Rs. 1.10 lakh and further Nephew get interest by saving and Fd from gifted amount .

Want to Fill ITR of F.Y. 2016-17.

1. which ITR used = ITR 1 or ITR 2.

2. how to show gift of Rs.1.10 lakh in which section of ITR1 or ITR2.(Note= Some C.A. says Nephew have to fill ITR-1 because Nephew is a salaried class because as per my search on internet if your exempt income more than Rs.5000 (Rs.1.10 lakh from gift is a exempt income or not) you have to fill ITR 2.Please clarify the situation. Nephew is on contract bases no form 16 issued to employee only outsourced employer give cheque which is deposited in bank and salary slip is also not given.

3. Bank FD interest and saving interest of gifted amount shown in which column of which ITR = ITR1 or ITR2 of Nephew.

4. Nephew has some shares gifted of Rs.2000 from uncle (Father Brother) in Year 2012-13 but on that time Nephew not filing of return because he is unemployed (below taxable limit) and now Nephew want to show gifted shares in F.Y. 2016-17 in which ITR = ITR 1 or ITR2 under what section .

5. Nephew getting dividend from equity shares is exempted under 80 C or not (if not which section)shown in which ITR = ITR1 or ITR2

Regards,
Munish Narang

Neither I have the email id nor any challan no.nor TAN nor Bank Account No.which was entered (most probably wrongly entered ).nor secrete question/answer.The last IT Return was efiled was for AY 2013-2014, the copy of which is available with me. Except uploading DSC, is there any other way to reset password for efiling ?.

in my uncle's bank account there is a deposit of Rs.173567,462845,72993,462845(total-1172250) on the date 02/09/2014 and on the same date there is withdrawl of Rs.1170000. Now he wants to file return for the F.Y.2014-15 and he just remember that withdrawl was for the purpose of purchase house on his son's name and he does not remember the source of receipt and even in bank passbook proper narration is not mentioned.now what can be consequences?and what should we do?

Hi,

I was employed as an permanent employee from 1 Mar - 15 Apr, 2016 post which I worked as consultant other organization. My previous organization has not deducted any TDS (as 15 days salary is well below tax threshold). I am planning to choose 44ADA, but how should I treat that 15 day salary?

Many thanks in advance!