Interest Received on Security Deposit held with debtor for business purpose Taxable.
If Taxable then Under which head? Either PGBP Or Income From Other Sources.

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If a proprietor is running canteen and providing Food to students of an educational Institution on contract base, is this service is exempt service as per entry no. 66 of notification no. 12/2017 dt. 28-06-2017 or there is any amendment in this.

Hi
I had a doubt regarding the place of supply with respect to gta under reverse charge mechanism, we had a branch in salem tamilnadu which has transfered goods through GTA to Branch in hyderabad, payment has been done at hyderabad, the GTA has registration at both the places, we have to pay gst under RCM , so my doubt is whether we have to pay igst or sgst& cgst.

Thanks
Santosh

Hello Experts,

What is procedure if one salaried person not filled Income Tax return for FY 2017-18 and TDS deducted as per his salary, hence no tax payable.

If the ITR-1 is filed online and the figures were autoupdated from 26 AS but the salary entries in 26AS were for 11 months only as TDS was not deducted in 1st month and the individual filed the return without cross checking with FORM 16 which mention salary for 12 months. Is return Required to be revised?

Sir,
A person has worked in two companies namely A and B for 6 Months Each.

April to Sep in A
Oct to Mar in B

He has Received HRA allowance from both the companies, how ever the deduction has only been shown by Company B in their form 16 and the company A has not showed any deductions under the head.

Can we claim the amount paid by Company A as HRA while filing ITR 1, is there any supporting documents needed for the same claim ?

(note : the companys salary slip has the HRA component)

Dear experts we are registered under gst,
if we received accounting service from an un registered person should we pay gst under rcm or not

. kindly clear the doubt according to new notification of jan 2019

thanks in advance

Hi, it is well known fact Interest on income tax refund will be taxable under the umbrella of Income from Other Sources.
but simply reading the provision all expense related to generate that income is deductible expense as per the Income Tax Act. My query is that can we take deduction of fees paid to consultant for filing income tax refund ?
My understanding is that without filing that return i will not get this interest income so let me know fee paid to consultant is allowable or not ?

FILE THE ITR-1, AND GET THE ACKNOWLEDGMENT COPY FROM E-FILING WEBSITE, BUT I RECEIVED THE MAIL FROM INCOME TAX, ITS YOUR AADHAR CARD NAME AND PAN CARD NAME ALSO MISMATCH. WHAT CAN I DO FOR NEXT STEP ANY ONE GIVE THE SOLUTION BEFORE THE DUE DATE I FILE THE RETURN

I proprietor of GST registered firm imported a soldering heate costing Rs. 30,000/-. It was billed in my name. Custom clearance was done without IEC and GST registration though both are available at the time of clearance. It will be used for repairing service and manufacturing. Before the clearance I asked the FedEx to alter the bill of entry however they ignored and cleared with my AADHAR. So ineligible for GST ITC. It happened in the current month. Is there any way to amend and normalize to get ITC normalize the bills? If not possible to anything now, is it possible to claim depreciation?