I want to know that once the equalisation levy is deducted @6% and same is also deposited to the central government within the due date, then who will get the credit of the amount deducted and how? Also as per section 10(50) if equalisation levy is deducted then the income will be exempt. Now my question is whose income will be exempt because already income of non resident is not taxable in india as it is not having any PE in india, so how income tax of India can exempt the income of NR?
Please clear my doubts and thanks in advance.

Dear Experts,
I have open DMAT Account. Pls clarify do Need to disclose My DMAT account in my ITR?

Thanks & Regards
Aniket Jaiswal

I have to start a Proprietorship business & want to make a PAN Card on the name of my business, while i have already an individual PAN Card on my name. Is it possible ?

Please give me suggestion for PAN Card in the name of my firm only

Sir actually my friend's father is doing business and in Feb he received a notice of income tax regarding a transaction occur after demonitisation of around 10 lac rs,notice to showing the details of business for ex. Sales record, cash a/c ,ledgers,audit report and other details till 22 Feb but his father is unable to go there in income tax office because of some circumstances and now year ending and no communication happened yet between them to IT office so now what him to do and what are the consequences of not communicating with IT office till now please explained in detail

I had purchased under construction flat. Since it was getting delayed , builder offered me ready to move flay . But he is charging service tax on that. He says though he got completion certificate for the project under which this flat is there but not got completion for entire township under which this project falls.
Is it justified?

I want to ask.. When we can start filing income tax return for the financial year ending 31.03.2017, We all Know the due dates..ie 31st july and 30th sep... Thing that should be considered is.. Tds return for fourth quarter..Can not uploaded before 31st may.. N hence Tds amount wont reflect in 26 AS till then..Can we file income tax return before the tds return of fourth quarter??

Hello, Kindly confirm what is the rate of Service tax to be charged by a Railway travel agent, engaged in booking of railway tickets. Kindly also confirm relevant rule/section of service tax.

An individual asessee has filled itr 4 from last 2 year(gross receipt less than 10 lakh & profit more than 2 lakh a. Y 2014-15 & 2015-16) by showing not maintain books of account. Can he fill itr 4s in future.

Dear Sir,
Whether the AY 2016-17 return can be filed after 31/03/2017?

Please advise me.

How to make journal entry of FDS and accrued interest on FRD on 31 st march. if FD make rs. 5, 00,000/- and interest on FDR is rs. 15,000/- then how to make journal entry and interest accrued on 31st march.