Hi.,

Is it Depreciation applicable for Education and trust.

Please confirm

With Regards

Jaganathan. R

Sir,

One of our employee aged 69 yrs, wants to claim benefit under Sec.80D. He is having medical bills for Rs.50,000/- and not having any medical insurance.
Kindly advice whether full Rs.50,000/- is eligible for deduction.This is for FY 2018-19.

Thanks in advance.

The assessee got an award subsequent to his sons death in an accident in 2015 and was awarded a compensation with interest on which returns were filed and refund received. Subsequently the assessee was offered additional compensation along with interest on which tax was deducted . Since the payment related to AY 2015-16, the returns have to be revised and apply to the CIT u/s 119(2)(b). Is there any deduction additional award/compensation which can be claimed.

i have forgot to print the challans . Now how to get them printed from gst website..As our auditors want them . please advise as early as possible.
thanks in advance
k.b.nagesha Rao.
9448826793

I had filed the returns for the AY 2016-17 and AY 2017-18 u/s 139(4). I got a notice from the IT department that the return is defective. However due to non-rectification of the defects within 15 days the return is treated as invalid. Is there any option to file the return for that particular assessment years and claim the TDS refund. If yes, under which section and what would be the time limit?

Please provide a remedy

I have a proprietorship firm for clothing, I am planning to buy a car, should i buy it under my own name or should I buy it under the firm name?
If i buy it on personal name or firm name can I pay laons from any or the bank accounts (personal/current acc)?

Thanks In advance

what is the depreciation rate for mobile phone for business use?

Sir,
A pensioner of 68 years old is having Gross Total Income of Rs : 3,90,000 /- with pension and bank int. ( Rs. 3,20,000 /- + 70,000 /- ) . After rebate u/s 80C ( Rs. 1,50,000 ) his Total Taxable Income is Rs. 2,40,000 /- . Tax liability is Nil . Can he submit Form : 15 H not to deduct TDS from his Bank Int. ?

Sudhir Saha

1. Mr. A is getting handling services fees for all shipments originating between Port territory of India and Port Territory of other country from Mr. B.
2. Mr. B, who is located outside India, having no PE in India, looks after all the transport, freight, Handling services, etc... for Person C(Foreign Party).
3. Mr. B raises Bill on Mr. C and Mr. B is liable to pay Mr. A only part of service provided by Mr. A i.e. handling services between Port territory of India and Port Territory of other country. So, Mr. A raises Bill on Mr. B in foreign currency and also receives fees from foreign bank. Also Handling Service fees is of fixed amount for each shipment or container.

My question is:
Whether it is consider as export of service or not, as
1. Service Receiver has no PE in India
2. Payment is received in foreign currency
3. Service is provide on ship i.e.between Port territory of India to Port territory of other country

2. If it consider as export of service than whether GST is applicable? As per my understanding it should not, if export of service.

Dear Experts,
We are importing a machine on EPCG licence and for export obligation can we sale the products manufactured by machine in domestic market to a DTA Unit. Please suggest us..