Mr. A have franchise of courier service. When which itr form select filling return and which activity code for part-A Nature of business select?? Turnover <2 crore

Pls tell me itr file AY 2017-2018 if date is over i m login in income tax department and click to condonation but not responce and not click any way i have refund 73000 rs pls right way suggest me

Whether Consideration received from govt for Compulsory Acquisition of Land( Non Agriculture Land ) is Exempt from capital gain

If no TDS deducted from salary (exceeding basic exemption limit )during the year then is salary expenses disallowed?.

Earlier Salary was not covered under section 40(a)(ia) is salary now covered u/s 40(a)(ia) ??

Dear sir,

I am salaried person and taken loan from my relative 200000/- from online transfer, Now I have to paid 30000 interest to my relative which is also through Online money transfer and my relative have less income so he can pay tax on this income and take refund the same by ITR.

So please Suggest how can I show in my ITR to reduce my Taxable income.please advice


KG

i got mail thag ITR processed on 23rd march 2018, refundable amount 32550, but till date refund is not deposited to bank account. Account number and all other details are correct. normally it takes 4-7 days. what may be the problem???

Is there any limit of cash withdrawal from bank on daily basis to cash purchase of exempt goods??
can i withdraw 190000/- everyday from different bank accounts i have?

Dear Sir,

If any employee paid home loan interest -200000/-and Rental Income from house property-rs36000/-how to calculate,
Partial occupied and partial given for rent.

Dear Experts,

Sincere Greetings,

My friend owes flat of about 500 Sq. Feet in ownership Co-operative Housing Society since last 45 years in Mumbai.

Since last 9 years he is having litigation with builder who has illegally constructed additional floors above existing old building of Society wherein my friend stays.

Now, builder has compromise with my friend and filed consent decree in Court. And as per consent terms builder has given two new flats of 500 Sq. Feet each of value about 50 lacs each in newly constructed building to my friend and he has surrendered his existing old flat to builder.

My query:

(1) As 2 new flats of total value 1 Crore is registered in my friend’s name, (a) will my friend get inquiry from income tax department to give explanation about 1 Crore rupees and/or for any other purpose? (b) Whether my friend is liable to pay any Tax on 1 Crore rupees?

(2) If my friend dispose off / sell either both or one flat then, whether he is liable to pay income tax on money which he get by selling said flat/s?

(3) If he has to pay income tax on amount which he get by selling said flat/s, then what are the legal remedy so that he get minimum liability of taxpaying?

Rgds,
A Jain.

I filed Income tax return on presumption basis u/s 44AD for A.Y. 2011-12. I have declared turnover 15 lakh and net profit @12%. Now i received a notice u/s 148 for re assessment on basis of cash deposited in savings account Rs 25 Lakh. Now Income Tax Department asking me to file ITR in responce of sec 148. Can I file my said return for A.Y 2011-12 at 8% profit of 25 Lakh Turn over? While in return file u/s 139 I declare my turnover 15 Lakh and profit @12%.