Sir/Ma'm,
I would like to know the procedure of getting back the TDS on GST.
I have supplied order(I have GSTIN) and prepared a bill suppose of Rs. 100 and added GST 12. Total Rs. 112. The authority is paying me 100 less % TDS plus Rs.12.

So how should I get back the deducted amount?

One person agricultural income 4 lacs and other source of income 150000 received . Income tax return filed compulsory for 2018.2019 financial year.

Hey !!
I am studying in class 12th . I want to become CA .. what the things I want to do now to become CA , like graduation subject , exams , duration of exam , place to get admission, etc. . I am just beginning my future journey .. can u pls guide my way ??

Dear Sir

I am having Long Term capital gain of Rs 15 lakhs from the sale of shares and mutual funds in FY 18-19 .

I have booked a flat under construction with a builder and the hand over will be in 2021 . I am paying the installments as mentioned in the agreement . I may also avail a loan also for this flat . I don't have any other residence in my name The query is

1 Can I claim deduction under Sec 54 F while filing my ITR for 2019-20 AY ? even if I am using the part from Bank loan ?

2 There is a time clause mentioned in the act . But the capital gain was generated on different dates on different transactions . The counting of the dates set by the Act will start from the end of the FY (31-03-2019) or the individual dates which was spread over FY 2018-19





Thanks

Raju

Started an LLP FY 18-19. LLP made profits, but no profits were taken by partners.
Should I file ITR2 as I have always been doing or should I file ITR3

A partnership firm has been running a factory of freezing and processing. Just because of losses the firm has given the whole plant and machinery on rent to a pvt ltd company. Whether the partnership firm can treat rental income as business income. The partnership firm is booking the below given expenses such as depreciation, salary, remuneration to working partners, interest on capital. Please guide me and oblige.

SIR F.Y.2013-2014 TO 2016-2017 HAS FILED ITR4(44AD) BUT F.Y.2017-2018 HAS FILED ITR3 FILED, MY QUESTION IS NOW F.Y. 2018-2019 IS FILE IT4(44AD) NOW FILE OR NOT ? 2. HOW MANY TIMES(YEAR) FILE ITR4 FILE?

Dear Sir,\
Can i can get the deduction under 80C for LIC PAID on behalf of my nephew,please let me know so that i can claim for the same as soon as possible
With Regards

I’m an employee of a Public Sector Undertaking in India and on foreign assignment since 31st March, 2017 NRI and stayed abroad for more than 182 days in FY 2018-19/AY 2019-20 and not stayed in India for more than 30 days at a stretch in India (Working abroad on 60 days duty and 30 days off pattern)
I’m receiving my monthly salary abroad in foreign currency. As part of my salary I’ve received EL encashment during the year which is also credited in foreign currency to my account abroad. However, processing of EL Encashment is out-sourced to LIC of India and in Form 26 AS, an amount of Rs. 3,10,870/- is being shown as income on which tax deducted is shown as zero (Name of adductor is LIC of India)
In Part B of Form 16 issued by my employed this amount of Rs. 3,10,870/- is being shown as income from salary. My employer has clarified that Pat A of employer Form 16 as well Part A&B of Form 16 of LIC are not generated since there is no TDS deduction by employer and LIC. At the same, my employer is reflection EL encashment amount in Indian Rupees as “income from salary”
I repeat here this EL encashment is also received in equivalent foreign currency abroad as part of income and as I understand
Quote
Provisions Under Indian Income Tax
In case an individual is a non-resident, then only income received / deemed to be received or accrued / deemed to be accrued in India is taxable in India. Thus, broadly speaking, his overseas income would not be taxable in India, provided it is first received outside India.
Unquote
While filing IT Return should I show this amount of Rs. 3,10,870/- as income (Since this is reflected as income from salary in Part B of Form 16 issued by employer as well as FROM 26 AS (under deductor LIC) and claim exemption
IF SO UNDER WHAT SECTION OF INCOME TAX SHOUL I claim exemption for this amount
Also please clarify pension income from annuity of pension fund is taxable and if so under what section

Hi,

I have taken a break from job for higher studies. The only income is bank fd and savings interest.
On the online ITR1, I don;t see any refund for these even though my LIC and PPF are more than the bank interest amount.

Could you please advise how to resolve this? Thanks,