Hi,

Suppose a person is having a small business , where he make annual income of Rs 100,000/-. And is also doing having speculation income ( buying/selling same day on equity market) of Rs 145,000. Now how much tax he will pay, if any ???. As it is below taxable limit

I Have a business of building material. During the financial year 2015-16 A Y 2016-17 my gross receipt was 330000 and expenses is rs 70000. i also investment in section 80c rs 39000.
now i have received notice u/s 139(9) read with 44AA. I DOTN UNDER STAND THE REASON of notice please clarify.

whether UPS purchased for computer already in the company can be capitalized?
no computer purchase in the current year

Please suggest me! Thanks

I have a query as to whether any compensation received under redevlopment programme from the builder for temporary shift of residence taxable?

Who will be responsible for the TDS deduction on Transport bills in the case of C&F agents who give the transport reimbursement bill.

Contribution towards trust which is owned by companies directors does it amounts to CSR Activity

Dear Experts,
our employees salary structure consist the Rs. 1600 PM conveyance Allowance not transport allowance however as per me this exemption is for transportation allowance not for conveyance. since our employees salary structure consist the conveyance allowance. does that mean this entire Rs. 1600 will be taxable or exempt

Thanks In Advance
Priyanks Jaiswal

Sir/Madam

1). A PSU company has taken hotel services and taxi services from J&K.
2) Bill will be raised in the firm name and address will be Ludhiana.Bill shall be paid by cheque/NEFT or RTGS.
3). Taxi Service was local as well as for dropping from Jammu to Ludhiana.
4). You are requested to clarify the following queries.

A}. RCM is applicable for Taxi Service?
B} Shall we have to pay service tax on hotel service as well?

Are the latest CGST and IGST ACTS final or changes are expected before implementation. Will July be date of gst implementation or will it be deferred.