SIRS

HOW TO PREPARE TRANSPORTERS INCOME TAX EFILING FOR THE AY 2017-18. THEY EXEMPT FROM GST. BUT HAVING GST NUMBER. SO FAR GSTR-1 NOT FILED, PLEASE LET ME KNOW HOW TO FILE THE GSTR-1 AND ALSO INCOME TAX. GSTR-E B FILED AS NIL RETURN.

PLEASE CLARIFY.

Salaried person(Age-41) had received Rs. 1,11, 964 (superannuation from LIC) on 01-09-2017 from previous employer where she had done job till 2012. In previous 2015-16, 2016-17 also she had received the amount but we had not made this taxable in previous years ITR.

No TDS is deducted on this despite it is periodical.


1. Please tell it's treatment in A.Y. 2018-19

2. Please tell in which section of income tax it is mentioned that this amount is Tax free if a single payment, but periodical annuity through LIC is taxable.

Can i give loan by taking loan from other party.what will be the effect in income tax.please advise urgently.

Salaried person(Age-41) had received Rs. 1,11, 964 (superannuation from LIC)
on 01-09-2017 from previous employer where she had done job till 2012.

Please tell taxability of amount received for A.Y. 2018-19..?

Hi,
While filing return in 2015-2016, TDS deducted by a bank for my FD interest was 10,000( IN 26AS form). However I claimed only 3,000 while filing my ITR.
Income tax department assessed my return and processed my refund by considering on Rs 3000 as the TDS.
Is there any way I can claim the Rs 7000, which I did not include in my ITR for 2016-2017.
I have read in many websites that I cannot file a revised return after assessment of income tax return.
Can I file a rectification request?

We are a Trader ,purchasing rejected sheet from a Can manufacturer. They charged from us 1% TCS. Should we also charged TCS from our customers to whom we supplied material as it is ? Can we claim the TCS

SIR
ANY BUSINESS ASSESE WHO SALE GOODS
NET PRICE + GST = TOTAL SALE PRICE
100000+5000 =105000
SO WHAT IS TURNOVER HE SHUOLD DECLERE IN INCOME TAX RETURN ?
100000 OR 105000
I MEAN INCLUDING TAX OR EXCLUDING GST TAX ?

BECAUSE ACORDING GST ACT TURNOVER IS EXCLUDING GST TAX

WHAT WILL BE IN ACORDING INCOME TAX ACT ?

I am practicing Chartered Accountant and have come to know that Banks get the ITR filed online/offline by applicants for loan, verified by a Chartered Accountant. Kindly guide me how a C.A. check the filed ITR and submits the report to the bank that whether the Copy of the ITR given by the applicant is geniune or fake.

Is Tax Audit Applicable to Co-operative Society which providing credit faciltiy to its members having total sale of services more than 2 Crore and also enjoying deduction u/s 80P(100% profit exempt) ?
If Its applicable then which audit report to file ?

Hi,

Which ITR form to be filled for transporter if he has only a single vehicle and driven by self.

Thanks & Regards

Seema