Jignesh Selarka
23 July 2020 at 15:20

REFUND

Respected Sir/Madam,
Taxpayer had file Refund Claim by filling RFD-01 from Electronic Cash Ledger. After 21 days Tax Officer had rejected the refund claim by issuing RFD-06 without giving any reason. So, kindly suggest the solution for the same. May I file a new refund claim or any another any other solution?

Thanks in advance
Jignesh Selarka


Mahabir Prasad Agarwal
23 July 2020 at 13:47

PPF Deposits U/S.80C

I have deposited Rs.1,50,000/- in my PPF a/c during May, 2020 and claimed rebate U/s 80C for AY 2020-21. For Availing rebate for AY 2021-22, may I deposit again Rs.1,50,000/- in PPF deposit in July,2020.


vishnuvidhu
23 July 2020 at 12:42

Can apply new gst no

gst registration cancelled (04.12.2019)by officer suo moto ( Gst get 1.7.18 , return filed (gstr 1and gstr 3b) upto 31.10.18(no tax pending),
after health contion not contiune run business , but that party now start new business , can apply new gst no


Santosh
23 July 2020 at 12:38

Name of the account head

Dear sir

We are commission agent ( Agriculture works via krishi Mandi ) in every third day we put oil in the bike weekly expenditre Rs.600/-and monthly expenditure Rs.2000 to 2500/- so please provide the name of the expenses head for book exp.


Santosh

Dear Sir

WE have washing Gadi ( White Sheet, Pillow cover, Towel ) from Washermen. Please provide the name of the expenses head which we book the expenses.


gopal ghosh
23 July 2020 at 10:19

Sale land

Purchase land 1992 value Rs. 52000/- sale the property march, 2020. Value of rs. 36,00,000/-
1)This is a taxable income for capital gains?
2) if capital gains then which % are calculated?
3) any deduction for this income?


Sebastian Thomas

In Order to claim deduction U/s 10AA should we file Income tax return on due date?


Monika
22 July 2020 at 23:41

Partnership Firm Taxation

Hi, If our partnership firm has earned appx Rs.30 Thousand as profit for previous financial year with sales of 9.8 Lakhs. Can we pay tax on presumptive basis ? Also which ITR forms we need to file if we earn small profit or losses ? Other income is only income from savings in form of interest on FD.

Also in case of small profit or losses of partnership firm, if i don't opt for presumptive taxation and get my balance sheet certified by a Chartered Accountant , do i need to go for a tax Audit also?

Regard Monika


sumiraja
22 July 2020 at 23:20

Capital gain tax

Sir I purchased a property and constructed some floor and sold within 1 year. I have never mentioned cost of construction in my sale agreement. So my property is in capital gain tax so can I claim cost of construction as expenses in capital gain coloumn. Is their any documents required to show the expenses in it return


sumiraja
22 July 2020 at 23:10

Deceased father's income

Sir as my father is dead due to chorona he has 80 lakhs bank balance and some properties till he has never paid any income taxes. But now we want to add his property and bank balance among three brother by filing first time income tax return can we pls suggest.