THE "A" ASSESSEE HAVING TWO SON VIZ "B" AND "C"

THE "B" IS STEB CHILD OF "A"
THE "C"IS ADAPTED CHILD OF "A"

"B" AND "C" RECEIVED GIFT OF RS.1 LAC IS FROM THEIR FATHER "A"

THE QUESTION IS TAX ABILITY OF GIFT RECEIVED BY "B" AND "C"FROM THEIR FATHER "A"

THE WORD BLOOD RELATION WILL APPLICABLE TO THE SONS OR NOT

Dear sir/madam

If no tax has been deducted since financial year 2016-17 and even if such expesnse was claimed as business expense in that year without deduction of tds and on this matter no query has been raised by auditor in the financial year 2016-17.But now in the financial year 2017-18 the auditors raised query for this matter.

Then in such case in the financial year 2017-18 it is mandatory to deduct and pay TDS for both year i.e financial year 2016-17 & 2017-18 or it is sufficient if we deduct and pay tax for the financial year 2017-18 only and ignore the tds of financial year 2016-17.


Thanks in advance................

Hello

Is set off of the carried forward losses of the previous years are possible against the demand raised by the ACIT in assessment proceedings.



Thanking You.

Dear Experts,

previously i am not registered under any act but as GST introduce we got registration in august 2017 but before aug we are not registered and no books of accounts are maintained but after implementation of GST we are liable to make books of account. now the question is in which itr form this return should file or separate return file for unreg. or for registered both. i am proprietor in this case.
in itr - 3 can both business can be shown one u/s 44AD (where no books of accounts maintain), another one with proper b/s and p&l.


Regards,
Sunil Kumar

Sir,
I am having one self occupied house property which is being used by my parents on which i am paying the housing loan interest and principal . .I am staying in a rental house in the same city where i am working, also my own house is in the same place.
My query is whether i am eligible to claim both the HRA exemption u/s10(13A) and housing loan interest repayment u/s 24(b) , principal payment uu/s 80(c).
Can i get some supporting case laws.
Thanks | Regards
Dhilipkumar

THE TRUST HAS FORMED IN THE YEAR 2002 AND THERE IS NO CHARITY ACTIVITY DONE TILL DATE. AMOUNT OF Rs 10,00,000/- WAS DEPOSITED IN BANK IN THE YEAR 2002 FOR THE CURRENT YEAR THE AMOUNT WAS NEARLY 15,00,000/- IN 2017 MARCH, NOT EVEN A SINGLE RUPEE WAS SPENT TILL DATE FOR CHARITY.SHOULD THE TRUST GET REGISTERED NOW UNDER 12A OF INCOME TAX ?? WHAT ARE THE CONSEQUENCES.
WE WANT TO SPEND THE AMOUNT NOW

Sir, there is a Mandir Managing Committee registered under Societies Registration Act 1860 but not registered under Sec.12A of Income Tax Act. The receipts of Mandir are Rs 210000/- and net income is Rs 103010/-.Now I want to file income tax return of the mandir as an AOP. The fourth character of Pan Card is 'A' The two or three member's income exceeds basic exemption limit. The issue is whether Basic Tax Exemption Limit i.e. Rs 250000/- as applicable to individual is applied to that Mandir or whether there will be MMR applicable?
Is there any Audit required?
Is it AOP or Cooperative Society?

LIC PAYMNET IN WHICH CATEGORY IN BALANCE SHEET OF ITR IS SHOWN...

AND KISAN VIKAS PATRA INVEST IN WHICH SHOW
IS I CAN GET DEDUCTION FOR KISAN NIKAS PATRA

Dear ALL,
Please help

1. If there is dividend income in year then what exp a company has to show on investment so that exempt income not to be club.

2. If there is no Exempt Income still Section 14A & RULE 8D will apply ? still dis allowance will be made ?

TIA.

Sir,

The assesse died in yr 2013 , but mistakenly the incometax returns for the assesse were filed in his name for the next 2 yrs. So, now how can the return be filed as still interest income arises on the name of the deceased assesse and even aadhar number are now required to be updated while filing return.
Kindly provide the solution for the same.

Thank You.