sir,can we take the input of service tax in hotels company paid on telephone bill ,commission and rent of building.some ca asked that we can take the input but some said in hotels we canot take the input as we deposited in abatement.please clear my point as i am confused in it.

alka

In our organization we have pay monthly rent of Rs. 33000 , cheque issued in the name of two partner's ( owner,s of building) 40% (Rs. 13200) and 60%.(Rs. 19800) my question is this we deduct the tds on both payment or not.

We are going to appoint the foreign interns through AIESEC.(AIESEC is the world’s largest youth-led network creating positive impact through personal development and
shared global experiences).
The Students come from the different countries for sharing there thoughts, Culture, Education, Intellectual etc.
For living in Host countries they required some money.
Can You tell me that we can pay the any stipend to them. There is any tax liability on it. Or how we can pay to them for survive.
Please suggest the tax withholding norms as per income tax regularities in relation to foreign nations residing in India.
Note:
Duration of stay: 6 to 12 months
PAN Card : Not Available
Bank Account: Not Available
DTAA Treaty: Yes/No

With Regards,

Arpit Singhania

Read more at: https://www.caclubindia.com/experts/ask_query.asp

I have spent Rs.2,20,000/- for my one children to avail admission for study at Media & Advertising to a reputed Educational Institution in the F.Y.2015-16. Her age is 18+.. Should I get the exemption of the expenses under IT Act ? Waiting for valued suggestion regarding the matter.

best book for taxation in ipcc

In response to IT dept notice regarding non filing of ITR-1 for AY 15-16, I filed my return. Then after filing, I noticed some error and revised my return. Now my account on IT Dept e-filling website is showing 2 returns, one as original and another as revised. Both are pending for E-Verification. Which return should I verify and why ? Please help... Thanks is advance

Sir, If I sold a residential house properly in April 2016 and has a capital gain more than exemption limit on the same but at the end of the financial year i.e. in march 17 I purchased another residential house properly and invested amount more than the capital gain arise earlier. Also I have pension income, interest income on fd. but my total income is below exemption limit. shall I compulsory require to File a income tax return. If yes than which ITR Please suggest me Thanks in advance..

i have doubt on calculation of turnover. for example my purchase( excluding vat) 2400000 and sales (excluding vat) 2700000. input tax ( VAT) 400000 and output tax ( VAT) 450000. so now my doubt is how to calculate turnover. turnover includes total sales and excess VAT I paid or sales and total output VAT I paid ???

hii guys..one of our client having bussiness of jeans manufacturing and they have crossed t/o of Rs.1.5crs in current month... they make a invoice after discount e.g. MRP Rs.1500 less discount Rs. 600 - Rs.900 net so can anybody help me for the excise duty application and at what rate?

hell
i filed my ITR on 10-12-2016 and mistakenly failed to claim deduction as per form 16.by this reason tax payable arises.instead of paying tax i uploaded the xml and i received a notice u/s 139(9) regarding defective return and to file a response within 15 days.i also was not filed it within 15 days.the wording of notice is as follows:-

Sl.No Error Code Error Description Probable resolution
1 38 Tax liability is shown as payable . The tax payer should pay the
in the return of income balance tax liability and furnish
complete details in the corrected
xml. Kindly ensure that
there is no tax payable at the time
of uploading the corrected XML.

Kindly note:
1. Please ensure no other information is changed apart from those error listed below in Annexure - A, incase of any
other changes in data, the return of income filed by you is liable to be treated as an invalid return.
2. For any change of income/ other heads, you may file a revised return as per the provisions of Income Tax Act,1961.
3. For the error codes mentioned in annexed table, the probable resolution has been provided there in.
4. Xml uploaded as above should have all the data to enable accurate processing, it should contain complete
information as furnished in the earlier xml along with information pertaining to the errors listed below.
5. The assessee is advised to use the software utility available on the website www.incometaxindiaefiling.gov.in
6. The above mentioned rectified xml uploaded in response to this notice, will be presumed to be duly verified and
correct and complete in accordance to the provisions of the Act.
7. If the above requirement is not complied within fifteen days of receipt of this notice, the return of income filed by you
is liable to be treated as an invalid return.

my problem is that:
1. how to claim the correct deduction as per form 16 so that my refund determined?
2. i can not revise it also because it is belated also.and without revising how it is possible to claim.
3. according to point no 1,i can not change any information in my earlier XML.am i right or not?

one thing i tell you that the link for response to section 139(9) is active right now.
please provide me a solution by which i can claim my refund with full process to be followed.

thanks