Hello experts,

I want to file a condonation request to principal commissioner of income tax in respect of non filing of return for the FY 2016-17. Can I send application by Post or I need to go to Income tax Deptt.

Thanks

Dear Sir,

How to show the total investment in Balance Sheet for AY 2018-19.
Total Investment is 2.35 Crore as on 31.3.2018.
Opening balance of Investment is 1.95 Crore. (MF & Equity Share)
During the year purchase & sold transaction net of amount 40 Lacs.
How to show current investment & non Current investment in balance sheet of Pvt Ltd Company.
Current Investment means transaction during year. Non-Current Investment means no transaction during year or op balance of investment (No Movement in Investment).

Please advise the same in above matter.

Thanks & Regards

NK

sir,

I am having below taxable income but I had received form 16 I have to file or not. Nil Returns also compulsory to file or not

Please clarify

Thanking you

Case: A loan is obtained to construct a house property of 4 floors, one floor occupied by the assessee, other three are let out.
can assessee claim deduction under section 24 under both self occupied upto two lakh and balance on let out property?

one of my client is running educational institution under trust, but PAN card is registered under AOP.
AOP is paying salary to one of its member.
Total receipt is less then 1 crore.
MY QUERIES ARE
-whether aop is eligible for exemption u/s 10(23c).
-if yes, then what to do for claiming exemption
-as salary paid to member of aop is disallowed, then profit after diasslowance of salary is exempt or before disallowance.

Is subsidy given by government to farmers or for any agricultural purpose exempt from tax ?

click sn 2 check box and proceed

This statement has challan(s) with zero deductee rows. Please select the checkbox for no deductee rows. This the message received after filing 26Q1 for FY 2018-19. To download tds challans. Not able to do. Please help the same in this regard.

Hi I am selling a land, the actual consideration is Rs 20 lakhs. The stamp duty value is however Rs 25 lakhs. Can i compute capital gain for Rs 20 lakhs.


Please Guide

Please help

I have to file return in 44AE, so whether I have to fill gross receipt or net receipt after expenses in income.
If i am filing my return in 44AE more tax is coming, so can I show the Income in normal Business Income, after claiming all deductions for expenses. so that tax liability will be reduced.