Dear Sir,
Last year i am not registered under any act Like sales Tax, Service tax etc
but my business T/O in is 32 lakh
sales 21 lakh
Services 11 lakh
can i show my t/o under income tax 32 lakh as a gross receipts ??
not registered in any act ?
now i am registered under GST but last year not ..
what can i do ?
Paid refund shown in 26AS., But amount not credited in Bank account yet. what will do. ?
Answer nowWhat happens if TDS is not deducted by buyer and remitted to seller if property value is 50lakhs.Then who has to pay the TDS, will the seller be liable to remit the tax?
Answer now
If a person have income from other sources (commission, brokerage etc but its not his business) but dont have income from salaries and income is less than 10lakhs , can he file his return in ITR-1? I have this doubt because ITR-1 does not ask different sources for income from other sources, but only total amount and i have different sources of commission and brokerage. so, i wanted to ask if i could file it in ITR-1?
Answer now
Dear Experts,
We are proprietary concern firm in FY our turnover is 22 Lacs However NP is below 8% also the income is not chargeable to tax i.e. below 2.5 Lacs,
Pls let me whether tax audit will be applicable or not
Thanks
Rohit
Sir i am problem ITR file Fill ITR-4 A.Y. 2017-18 but notice U/s 139(9) defective return I am a Lic Agent Please Problem solved
Answer nowI bought 1 bhk in year Aug 2013 with 1. flat cost - 2728000 2. Stamp Duty- 136400 3. Registration - 27280 4. other expenses like safety door and grill: 30000(but paid by cash) Due to some financial issue in year 2017 i want to sell this flat at 3875000. (Note: I have total 3 flat, 1. bought in 2009 got possession in 2014, 2. bought in 2012(the one which I want to sell) 3. bought last month Aug 2017 Question: 1. what will be capital gain tax i need to pay after indexiation. 2. if I invest all capital gain to repay loan for the flat purchased in Aug 2017, can I save the tax Thanks for the reply
Answer nowI bought 1 bhk in year Aug 2013 with 1. flat cost - 2728000 2. Stamp Duty- 136400 3. Registration - 27280 4. other expenses like safety door and grill: 30000(but paid by cash) Due to some financial issue in year 2017 i want to sell this flat at 3875000. (Note: I have total 3 flat, 1. bought in 2009 got possession in 2014, 2. bought in 2012(the one which I want to sell) 3. bought last month Aug 2017 Question: 1. what will be capital gain tax i need to pay after indexiation. 2. if I invest all capital gain to repay loan for the flat purchased in Aug 2017, can I save the tax Thanks for the reply
Answer nowWe have private ltd company having alloyed shares in the yar may 2015 and sold the shares (unlisted)in the year Sep 3017.My qtn is whether it will be treated as long term capital gain or short term.most of them telling it is LONGTERM PL CLARIFY
Answer nowDear Sir
I am miss to deposit my advance tax.
we have partnership firm can i deposit my tax now
or any interest and penalty need to be paid ?
Please guide
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