ONE OF INDIVIDUAL SOLD ASSEST IN MARCH 2017 , OUT OF ITS LTCG HE PURCHASES NHAI BOUND OF RS 50 LAKH ON 30 MAY 2017 AND CLAIM EXEPMTION U/S 50 EC IN AY 17-18, THERE AFTER IN NOV 2017 HE SOLD ANOTHER ASSEST NOW IF HE PURCHASES NHAI BOUND IN APRIL 2018 OF RS 50 LAKH ALSO , THEN WEATHER HE CAN CLAIM EXEMPTION U/S 50EC IN AY 18-19

There is a scheme in my saving account that if balance cross limit of Rs. 50000 then bank keep the excess amount as fixed and pay interest @ 7% which is higher than saving bank interest rate.. Now my question is interest income will be taxable as saving bank interest or fixed deposit interest because 80tta is only for saving bank interest?

A business entity has wrongly shown salary paid as Loan A/c in its Income Tax Returns for past 3 years (FY 14-15, 15-16, 16-17). Is there any way through which we can claim it is an expense in current year i.e FY 17-18.

Dear

I Want to know that a Health Insurance premium paid with GST so we claim for 80D deduction before GST or After GST Amount


Thanks

Dear Sir,

Some of our colleague submitted the School fee receipt for there ward. the fees are including Tution Fee, Special Fee, Admission Fee, Caution Deposit etc and they said there is SC/HC judgement that all fee are exempted in Income tax except Building Fee, Development fee and other in this nature.
Please help me out whether it is correct. what are the fees are exempted in Income tax and what not?

Thanks
Hari Krishna

Hello,
With due respect to experts I would like to ask that can I get a rebate of interest on my car loan during my Income tax return filing?
If yes, then how much rebate is allowed?

Someone told me that it is only available if you have business with the same pancard, is it true?

Please help.

When is the last date to file the TDS return for Q4 and when is the last date to pay the TDS(Tax) for the month of March 2018

Kindly inform us on following

We are making job work of another company and raising the Invoice of
Jobwork to the party and they are making the payment of Job work
charges after deducting the amount of TDS. u/s 143

The material is supplied by the party from their supplier directly to us
and payment to supplier is made by them. Since the material is received
by us we are making the payment to transporter and get it reimbursed from
our party for whom we are making job work.

Now they have deducting the TDS on reimbursement of Transportation U/s143

The transportation charges paid by us below the basic limit and one
transaction is below Rs.20,000/- and we don't paid one transportation
Rs.75,000/- in a year.

our question is how the party is deducting the tds on reimbursement and
they have saying that us to provide any section where it is mention that
not to deduct the TDS on reimbursement of Transportation

You are requested to kindly provide us the details so as to not to
deduct the TDS on reimbursement of Transportation.

is adhaar mandatory for e-verification of IT return of financial year 2016-17? (if i use the method of otp on registered mobile no and email id)

as per latest amendment made in section 139a every non individual entity entering into a financial transaction of 250000 or more has to obtain a pan
I am running a small business of tailoring annual revenue of 300000 it is a proprietory concern and the proprietor has a PAN then is he required to take another pan for his entity