I am working in a private organisation and my monthly salary structure is as follows:
Basic Salary: 38000/-
House Rent Allowance: 19000/-
Leave Travel Allowance: 17100/-
Medical Reimbursement: 11400/-
Conveyance Allowance: 9500/-
Please advise which of the allowances are exempted from Income Tax and up to which Limit so that I can deduct those from my salary for the purpose of ITR filing.
I am providing Manpower Service. Turnover is Rs.74 Lacs for F.Y.2017-18,
So my question is whether my books got compulsory audit as my turn over greater than 50 lacs, consider be that manpower service fall under profession. is it true?
Sir I have purchase three ship in 8 lakh Nd they are close not given to rent Nd I m salaried person now how can show in my Itr Nd loss of rent is show in my itr please suggest
i have own bus and giving services to passenger travelling form one place to another place. now gst will be applicable or not if yes than what will sac code?
Whether I am required to get my books audited?? if my net profit is below 8% and I m not opting for sec. 44AD and showing my income in business and profession head. My turnover is below 1cr. and upto last year my books are audited.
In case of Sale & purchase of Resedentail house is TDS adjustable with Tax to be be paid.
for example A person purchased a new house for Rs 2,11,00,000/- on which he ducted TDS 2,11,000/- & he sell his old resedetial house for 1,20,00,000/- for which TDS was deducted by the purchaser 1,20,000/- so my question is while paying Tax (tax audit case - Sole Proprietor) will the TDS portion be adjusted in the Self Assesment Tax to be paid??
Whether I am required to get my books audited?? if my net profit is below 8% and I m not opting for sec. 44AD and showing my income in business and profession head.
My turnover is below 1cr. and upto last year my books are audited.
hi,
Does Deduction under Section 80 TTB for Senior Citizens include all types of interest income stated below
Saving Deposit Interest
Fixed Deposit Interest
Interest from Corporate Bond & Debentures
Others like Interest on Income Tax refund
Please guide me.
i m a register dealer my business turnover is 90 lacs and rental income is 55000/- Will I have to pay GST on the rent income?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Enquiry about the tax liability of the allowances