CA Jaya pandey
20 September 2018 at 12:42

Revised return of charitable trust

I had a query regarding filing of revised return of a charitable trust registered u/s 12A...In original return I made a mistake of not filing audit report along with return and had shown interest income as dividend income by mistake....Total Income after exemption u/s 13 is 212430 on which tax amount should be 0...but in Java utility it is showing tax at normal rate rs 63729...What could be the posiible reason?
Thanks in advance.

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maharamchandra
20 September 2018 at 12:18

Income from undisclosed sources

Dear Experts,

Asssessee is an employee of Government of India Enterprise for last 37 year has deposited Cash during demonetization period received Notice U/s.143(2) of the I.T. Act,1961 for A.Y.2017-18.

Annual Salary after deduction interest from U/s.24 self occupied property as well as Deduction Under Chapter VI-A comes to Rs.7,98,270 during demonetization period.

Assessee is regularly filing his Return of Income as per provisions of the Income Tax Act, 1961 in accordance with provisions of the Income Tax Rules,1962.

Can a Assessing Officer Treat as Income from undisclosed sources.


Ramachandra Reddy
20 September 2018 at 07:49

Company accounts depreciation

What was the accounting treatment for tangible fixed assets written off i.e the life of the asset is completed. How to show in the profit and loss account.


Madhur Bindal
20 September 2018 at 00:38

Clerical error

We had filed the Export sale (IGST paid) in GST 3B (February)at table 3.1(A) instead of 3.1(B)...
Kindly suggest is there any way to rectify it


Kiran Goyal
19 September 2018 at 23:27

Gift from relative

Dear all,
Please provide guidance on taxability of gift of Rs. 5 lakh received from married sister residing in nepal.
Will there be any norms to follow as per FEMA??

Thanks & Regards
Kiran Goyal



Anonymous
19 September 2018 at 21:42

Set off of loss from house property

I have incurred a loss from house property(Rs. 97729).My income from salary is Rs.5,15,658, and long-term capital gains Rs.221728.
My question is can I first set off the loss from house property against Long-term capital gain so that I can save tax on it or do I first need to adjust the loss against salary only?


Rahul Katole
19 September 2018 at 18:32

Itc claim related

Hello Sir i would like to ask a question One of party is running proprietor business for supplying goods ( like sand, cement and iron etc.)
recently party has purchased a truck amount of Rs.29 lakh including ( GST amount of Rs. 633172/- ) for goods transportation. i want to know do i claim for refund of ITC. If yes the what is the procedure.
plz tell me


M V S P CHANDRA SEKHAR RAO
19 September 2018 at 16:45

Gst on rent

I had not collected gst on renting of immovable property( commercial purposes) from tenants since applicability .i.e from july 2017 to march 2018. I want to pay the GST now for the past 9 months. Is there any chance to pay now,if available pls. suggest me. if i pay now the input reflected in tenants GSTR 2A can be availed for current year or for only previous year. please help me



Anonymous
19 September 2018 at 16:34

Igst @ 0.10% on export

Is there any notification issued, that we can export goods @ 0.10 % ? If available please share.


keshav kumar singh
19 September 2018 at 15:24

Itc

I have a bill on FY 17-18 . And I forgot to record that in tally and availing ITC on that. And in FY 18-19 I found that bill . Can I claim ITC in 18-19






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