Respected Sir,
I deposited a self-assessment tax when filing online ITR-1 with system generated 280 form on date 4/6/18 but until now(5/6/18) it does not reflect on 26As. Please tell me how much days it required to reflect on 26 AS.
Thanks in advance
Do we get a refund of less than Rs 100 from Income Tax department or is it ignored by the department?
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Sir I want to know what is the tax treatment of divorce alimony received from spouse. If it is by mutual consent divorce procedure and a lady gets rs. 10,00,000 for one time maintenance for life support. If it is capital receipt than where we show in itr 2. So she get tax exemption. And enjoy the Hassel free tax benefits. Please answer me.
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Sir,
today return income tax my firm ( Partnership firm), I Have declared presumptive Income.
which form selected reruns.
1) ITR- 4
2) ITR -5
Sir,
I want to know can the interest of unsecured loan be given in cash or have to give through bank.
Example:
Foreign income: Rs.66000
Foreign tax paid: Rs.1320
tax as per India tax rules: Rs.800
tax as DTAA: Rs.1500
It seems the tax relief amount auto calculated in Form 67 is Rs.1500. My understanding was that the relief amount should be Rs. 1320 (the smaller of foreign tax paid and tax payable as per DTAA in India).
Would appreciate some explanation.
Thanks.
Hi Experts,
Company has received loan from director sum of around 8L in FY 2017-18, Now I got to know that cash loan from director more than 20K is disallowed.
I request to provide us suggestions about how to account this in alternative way.
Thank you.
Ay 18-19 if the income is not taxable whether even in such case also a penalty of Rs 1000 has to be paid at the time of filing of income tax return on account of late filing.
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Pls inform which income tax return form is to be filed for Partnership Firm.
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Is tution fees paid exempt? If under what section.
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Self assessment tax