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Ashutosh Purohit
09 April 2018 at 14:06

Legal heir

can we submit manual income tax return in legal heir case

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raghavendra b
09 April 2018 at 12:26

Section 44ad

Dear Sir,

One of my client filed income tax return 3 years continuously u/s 44ad declaring 8% of total turnover, last three years the total turnover was below 1crore rupees. for the financial year 2017-18, turnover exceeds more than 1crore, now i can t declare 8% on total turnover now i want declare lower profit and to file income tax returns audited by the CA. please suggest me can i file income tax return u/s 44AB

REGARDS

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DR SUNDEEP NIGAM

I am having an icici life time pension policy it is a unit linked plan. Pension received on this policy is taxable. On completion of this policy I can get 1/3 amount equivalent to units value which is tax free. My query is if surrender this policy before completion will the amount received taxable?

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nikky

I have been working outside of India since Nov 2016. It has been almost 1.5 years now. So my status has changed to NRI.
Now I am moving back to India in May 2018, how long will it take for me to be Resident again?

And also, could I invest in PPF once I come back or I can invest now also?

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Rohit Shukla
08 April 2018 at 13:20

Taxability

ABC pvt. Ltd entered into a joint venture agreement with a private party say mohan to construct apartments in mohan'S land and then share profit in the ration of 40% and 60% for mohan and ABC pvt ltd respectively.

on FY 14-15 they had turnover of 1.5 crore from transfer of apartment but the company had not paid any single amount to mohan..

qts

1) who had tax liability ?
2)is mohan liable for capItal gain tax ?
3) compute the tax ?

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G.Soundararajan
08 April 2018 at 13:14

Refund issue

Sir,
I am a post office commission agent . I am havng Rs.45000/- for A.Y.2017-18. I have filed my return on 01/04/12018, ITR - 2, U/s.142(1).
I wil get the above refiund or not. There is any way to possible to get my refund. Kindly guide me sir.

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Himanshu Sharma
07 April 2018 at 16:03

Tds not deducted

one invoice issued by ABC CO. to us on A/c of SOFTWER (ON CONTRACT) partialy of Rs. 150000/- and till now we paid Rs. 150000/- to them and by mistake we forgot to deduct TDS, now,we hv not deducted TDS and also paid the full amount to ABC CO. please guide what we do next. please provide me solution as soon as possible

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Deepak
06 April 2018 at 18:25

Arrears on salary

Arrears Salary received in FY 2016-17. But return is filed without calculating relief u/s 89(1). Return is processed and refund of Rs.1600/- received.
Now I want to file revised return showing arrears. How to adjust refund received?

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hariharan

Previous year Turn over (A.Y 2017-18) Rs. 3.03 crores but current year (A.Y 2018-19) the turn over with in one core also the entity discontinue the operation and it is the final return. Is Tax audit applicable? Form 3CB-3CD sall be file?

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YOGANANTH KANAKAVELU
06 April 2018 at 17:01

Tcs

TCS collected for purchase of Vehicle. Assessee is received salary only. how return filled.

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