Suresh kumar saini
07 October 2017 at 23:13

Income tax refund

I am apply for TDS REFUND last 5 year before assessment 2016-17

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Ashim kr Ray

sIR,

cAN CIVIL CONTRACTOR TAKE COMPOSITE SCHEME UNDER GST.

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Sameer Khan
07 October 2017 at 18:03

Itrs filling

In ITR'S. Say in ITR 4S now ITR4 there is optional clause FINANCIALS PARTICULAR in sheet NOB BP and in sheet AL (Mandatory in case where total income exceeds 50 lakh) when we left it as blank it will shown as zero in xml file. My Q is whether Income tax department deemed that we don't have such particulars or not considered that zeros.

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Sachin Kumawat
07 October 2017 at 09:55

cash bill limit

according to it how much cash receipt and payment in a day

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RAHUL WADHWANI
06 October 2017 at 20:40

Compensation Money

Dear Sir,Mam My client received 2 lacs rupees compensation money from goverment so plz tell me it is taxable or not.

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milap saini
06 October 2017 at 18:00

wrongly tds deposit

sir we have deposit tds in wrong head (4AB). can i take benfit in 26Q. or not

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vijaybabu
06 October 2017 at 17:27

44ab tax audit case fy 16-17 - reg.

Dear Sir,
I am a Wholesale Dealer. My Turnover is Rs. 1,98,00,000/- in FY 16-17. Can I file under Tax Audit or Normal Return?

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Sridhar
06 October 2017 at 15:52

Capital gains

My client sold one property for Rs.75 Lacs (Capital Gains Rs. 24 Lakhs)and wants to buy 2 properties of Rs. 50 Lakhs and Rs. 25 Lakhs. Can he claim 100% Capital Gains exemption?

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Accounts worker
06 October 2017 at 15:01

Notice 139 (9)

Dear Sir / Madam,

I got notice sec 139(9), pls let us know what need to do now...

Error Description Probable resolution
1 86
As per Section 44AD(6) of the Income Tax Act, 1961, the
provisions of Sec.44AD are not applicable to – (1) persons
carrying on professions that are referred to in
Sec.44AA(1), (2) persons earning income in the nature of
commission or brokerage, and (3) persons carrying on any
agency business.As seen from the return of income filed,
the nature of business code mentioned is 00301 General
Commission Agents, which falls in the categories
mentioned above. Hence, the provisions of Sec.44AD are
not applicable, in your case.

Probable resolution

As the provisions of Section 44AD are not applicable, in
your case, the claim of computing profits and gains of
business on presumptive basis, under this special provision
is not allowable. Hence, the above defect has to be
corrected by way of computing the profits and gains of
business under the normal provisions and not under
Sec.44AD and offering the same

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Anonymous
06 October 2017 at 14:51

How to show house property in itr

Deal all,

My query is regarding that how should I show a house property that was purchased by the assessee in 2011 and he has never filed his income tax return.
The assessee is transport commission agent and he wants to file income tax return and also want to disclose the house property in his return and balance sheet.
Kindly suggest me the treatment for the same as how should I show the house property in the balance sheet.

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