SIR IF M GIVING SERVICES LIKE:- PAN CARD APPLY, ELECTRICITY BILL PAID , ONLINE TICKET BOOKING, ETC. WORK THEN HOW CAN I MANAGE MY BOOKS & FILE RETURN OF INCOME TAX. IS APPLICABLE SERVICE TAX NO. OR NOT AND HOW CAN I TREAT THIS INCOME IN INCOME TAX RETURN
If i transfer,say rs.5 lakh, from my saving account to some other person, and after some time he returns my money back in my saving account. Then would it shown in my ITR .if yes,how????
I FILLED CHG-4 OF A COMPANY AND IT HAS BEEN FILLED AFTER 30 DAYS FROM SATISFACTION OF CHARGE , BUT UNFORTUNATELY IT HAS BEEN SENT FOR RESUBMIT ION AND REASON FOR IT IS SHOWING AS"Please apply for condolation of delay and then follow the procedure for filling it with ROC" . PLEASE HELP IN THIS REGARDS.
Sir,
My friend has filed itr1 (nil tax return <250000) for the a.y.16-17 in the month of march-17 and successfully generated evc. But generated evc is showing as wrong when we try to verify the return. my query is can we very nil tax return through evc? or have to send itr to Bangalore?
Dear sir. my father is 80years old and her fixed deposit will be deposite on next 2 month..so my question is my father is in senior super citizen so now in income tax any liability on this . and TDs will be cut or not what is the process...and what is 15g or 15h
Hi,
Please, Help me to know that how to tax on import of service for example ., Mr. B is a service provider having office in India (i.e., within taxable territory) provide service to Mr. A who also reside in India. Mr. B also utilize the service of Mr. C who reside abroad (i.e., out of the taxable territory ) to accomplish the service which was agreed between Mr B and Mr. A.
So what is tax liability in the hands of all party i.e., in case of:
a). Mr. A
b). Mr. B
c). Mr. C
Assuming
- service provided is taxable service
- non of the party fall under SSI category
- Period is FY 2015-16
- Mr. B is not an agent of Mr. C, he act as independent professional practitioner
Thank you in advance
:)
Dear sir i am salaried person my annual income 720000. i am show in my company that i am paid rent to my mother of Rs 250000 Annually f.y 16-17. So can i liable to deduct tds on rent paid please solve my query thanks
in proprietorship firm upto 30th jun.2016 we showing our own building under constriction and we have not charge any depreciation on this building but after complete of building can we charge depreciation our own building (in name of proprietor) using this building in business use. if depreciation is applicable than how much we charge and from which date onward.
Mr. A and Mrs.B are husband wife. Mr. A used to file return regularly. Mrs.B doesnt have taxable income so she dont file return. In F.Y.2014-15, Mr.A and Mrs. B purchased and sold property above Rs.30Lacs. Mr. A claimed expemtion in his return. However, Mrs.B doesnt hold any taxable income and she got notice from department through AIR-06 for purchase of property above 30lacs even though the entire property was financed by Mr.A and Mrs B. name was incorporated in agreement only for safety measures.
While Filing Compliance online, only below mentioned options are given :-
Self Expenditure/ Investment is out of exempt income.
Self Expenditure/ Investment is out of accumulated Savings.
Self Expenditure/ Investment is out of gifts/loans.
Self Income from transaction is exempt.
Self Expenditure/ Investment is below taxable limit.
However, Mr. A has invested entire funds and Mrs. B name was entered only as joint purchaser. While filing Compliance, there is no such option given in compliance window.
Please suggest what option from above need to be selected.
Registration charges incurred on purchase of land can be allowed as deduction u/s 80c
Related to income tax