I have one querry regarding HRA.Owner of rented premises is ready to give rent receipts up to certain limit only while I am paying rent more than that.so based on that I am getting less exemption.So is it possible to claim actual rent paid under 3rd condition of HRA in IT return?.Employer is deducting TDS based on rent receipts only.

Defect
Income from "Profits and Gains from Business or Profession" is greater than 1.2 lakhs but particulars as in "Balance sheet/Profit &. Loss Account" are not filled
Impact
Income Tax Return may be treated as defective if particulars in "Balance sheet/Profit &. Loss Account" are not filled
Suggested Resolution
Please fill Balance sheet/Profit &. Loss Account

i sale a property at rs 1 crore which is on joint name but the buyer deduct the TDS amount from a single name. now what we can do ?

1) if the TDS amount deduct from a single name is Rs 10lakh ( 1% on 1 crore).
or
2) if the TDS amount deduct from a single name is Rs 5 lakh (1% on 50 lakh)

what to do in both cases

Do we need to mention GSTN on the letterhead of the Company? If yes, then please mention the relevant provisions for the same.

My friend earns salary 6 lakhs p.a. He received assets worth 2 cr from parents for his marriage in 2010. Though he don'n have requirement to disclose assets in ITR, still he voluntary want to disclose all his assets. Can he do so? if yes in which ITR?

Thanks in advance.

We are being a security service agency whether liable to charge GST to a third party client who is not located at SEZ area but they took our service / manpower to provide them to a SEZ area. Since we are not directly dealing with SEZ area then we have to charge GST as per my concern. What you think? Is this right procedure on not?

Early reply is appreciable to all of you

One of my client Have Income from Foreign Countries as Salary Income.
He received the salary from that Foreign Companies to His NRE Account in India.
Is such salary taxable in India ? Is the Interest credited on Such NRE Account is taxable in India ?
Also what is the due date for his Income tax filing in India ? what are the incomes considered as taxable in India? Anyone Explain this ... kindly

If a company is contributing to PM Relief Fund as CSR, will it get tax exemption under Section 80G ?
We have a TRUST for Charity Purposes, if we contribute an amount of Rs 13 lakhs (13 lakhs to be spent under CSR) to that Trust will it be considered as CSR expenditure ?

Why intimation (U/S 143 (1)) comes from the IT department.

Hello Sir !
Now that Income Tax Return Forms have changed,
which ITR is applicable to partner of Partnership Firm?

ClearTax Says ITR 2, but i'm not too sure whether that is correct or not.Reason being there is
no 'Information about Firms in which you are partner' Tab in ITR 2.

Could you please suggest?