I have received commission of Rs. 3.75 lac u/s.194H and my other business income to be declared u/s 44AD is Rs. 2.00 lac. May I file my ITR for AY 2018-2019 in ITR 4 or will I have to file in ITR 3 (Filling Balance sheet and profit and loss a/c) ?

Dear Professionals,
My father works in PSU, in the year 2015-16 he received an arrear salary of around Rs 400000. In his form 16, relief u/s 89 was claimed and accordingly tax was deducted by the employer and tax payable by him at the time of filing the return was nil. However I received an intimation U/s 143, wherein the relief was denied and a demand of around Rs 35000 was raised. When inquired I came to know I was required to file form 10e along with the return. My query is can I file 10E for A.y 2016-17 now. If yes will the demand raised by the dept will be nullified and the process of filing it.
Kindly revert back as soon as possible

I returned from US on July 17th after staying there since Oct 2011. That makes my stay for US Financial year as 197. As India follows Apr to March financial calendar, i will also satisfy 186 days plus rule for India. My US income tax has already been withhold and my company Pay dept. is saying that they will deduct my tax for salary in US in India also. I should be a RNOR i.e. nonresident but ordinarily resident and earning in US should not be Taxed. Please let me know what are my options.

I work for TCS which is Indian Company and also registered and Traded in USA.

Hello,

I am posting a question here on behalf of my friend.

My friend has a 2 year old private ltd company, with annual turnover less than 25,000 Rs/-.

His CA and Auditor is charging 23,000 Rs/- per year for annual compliance, ROC and ITR. All of documents and financial data is maintained by my friend’s company and not CA.

Is 23,000 Rs/- worth? Is there any other alternative to completing annual compliance, ROC and ITR for less charges?

Any suggestions, questions, comments are most welcome.

Regards,

my annual itr is 18 lakhs .can i buy house of 35 lakhs .will i get income tax notice for that .

If my business income is more than Rs.2,50,000/- during AY 2018-19 and I have to declare my income U/S.44AD. Am I liable to maintain books of accounts and fill ITR 3 ?
Am I also required to fill Balance Sheet and Profit and Loss a/c in ITR 3 ?

In some confusion with the bank i mistakenly entered wrong amount in my 80 E deduction in my form 16 and in my income tax return 80 e deduction i entered different amount which is correct. so there is a difference in my form 16(80 e) deduction amount and ITR. what should i do for this mistake?

I am a retail trader and want to declare my income U/S.44AD. But I have also received/credited Interest on PPF deposit in SBI which is more than Rs. 1.00 lac. May I use ITR 4 for AY 2018-19 ?

Run Time error while Save XML for the Notice u/s 148 : AY 2015-16, even macros enable..plz help

My total income consists of retail trading business and commission from LIC. The commission from LIC for AY 2018-19 is Rs.75,000/- and from retail trading business is 3,00 lac. My I use ITR 4 and show retail trading business income u/s.44AD and show entire commission as Income from other sources ? Or I will have to use ITR 3 ?