Soumen Roy
08 August 2017 at 23:47

Capital gain tax

After due date i.e 31st july in most of case but before submission of ITR ..can I open capital gain account scheme ? In this case I have not submitted ITR on or before due date?

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tushar
08 August 2017 at 21:57

DOB OF HUF

Dear Sir/ Madam, Kindly tell me the complete procedure to know the Date of Birth of HUF , as one of my new client doesn't have it's date of formation. So I want to know the procedure to get that date. Plz assist me. Thank You

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Ravi Mittal
08 August 2017 at 20:00

Gst on goods transport by truck

Hi

I am registered dealer under GST. I had paid Truck Freight as under.

A.Rs.700 to a unregistered goods transport agency on 7th July,2017.

B.Rs.4500 to a unregistered goods transport agency on 10th July,2017.

C.Rs.40500 to a registered goods transport agency on 15th July,2017.

All the above goods transport agency not charged any GST on the truck freight.Now on which of the above transactions;Should I Charge RCM(Reverse charge mechanism)
and how the accounting entries will be passed.Also whether can I claim Input credit of the above RCM;If yes how the accounting entries will be passed ?



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Arjun Gupta
08 August 2017 at 14:23

44AE

What if, the turnover of business of Transporter exceeds Rs 1crore in FY (15-16)? Can we still adopt 44AE in such case and disclose income of Rs.7500per month per vehicle? Is there any requirement of audit in such case?

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Johny Kutty
08 August 2017 at 00:02

Income tax return limit

Dear Experts, I am a house wife with out any income as such,except some FDs out of accumulated savings. I never used to file any IT return,because my income used to be much below 2.5 Lacs. Recently I started small time trading in shares,but even with this my income never approaches 2.5 Lacs. Under the circumstances,do I have to file IT Return, only because I trade is shares ? Thanks

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DEEPAK AWCHAR
07 August 2017 at 21:41

Gift

Pitaji se24 lac ka ghar gift me mila, To taxable rahega ki taxfree

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sreenivas patil
07 August 2017 at 21:07

How to show gifted amount in ITR

Dear Experts, Good evening, Sir, My wife got gifted amount Rs. 350,000/- and that amount transferred to our joint A/c due to insufficient funds to show in my A/c for Europe visa purpose, please let me know how I have to show the amount in my ITR and also let me know whether it is not taxable income or taxable income... Thanks in advance

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CMA Pravat Kumar Parida
07 August 2017 at 20:33

It return

How many Assessment Year IT return can be filed at present by one of my friend whose TDS has been deducted for last four assessment years but his total income is below taxable limit. please suggest as per present income tax rule.

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Pranav
07 August 2017 at 20:32

Tax on Capital Gain of NRI

Can anyone solve the below problem? Two NRI people jointly bought a house property on 02/01/2007 for Rs. 10,51,000. They sold the same on 12/04/2016 at for sale consideration of Rs. 35,00,000. Compute the Amount of tax liability of each person for A.Y 2017-18 assuming there is no other income.

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Binal Salot
07 August 2017 at 20:21

Defect notice u/s 139(9)

DEAR EXPERTS,

IF THE NOTICE OF THE DEFECT IS RECEIVED FOR ONE BELATED RETURN AND THAN RESPONSE WAS PROVIDED BUT SAME IS LATER ON BECAME INVALID DUE TO IMPROPER RESPONSE THAN IS THERE ANY WAY OUT FOR FILING INCOME TAX RETURN. IT PERTAINS TO A.Y.2016-17 AND THERE IS REFUND OF THE TDS.

HOW TO CLAIM THE REFUND OF TDS ? THE MAIN PROBLEM IS REFUND.
KINDLY ADVISE

THANKS IN ADVANCE

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