can i file a belated return for AY 2017-18 now?
if so, how it could be filed?
i.e, can we file like as if we are filing returns for AY 2018-19 through income tax website or is there any manual application procedures have to be done?

i have gross total income of 420000 but tax payable after deductions is nil?
if yes, is there any penalty leviable? if so, how much?

answering my question in simple language is very useful i.e., without using too much income tax language

dear team,

I have the salary income and house property principle and Interest.,

Can u advice which ITR form i have to use and what is the procedure.?

Thanks

Jaganathan. R

Dear Sir,

Can CA Firms continue cash basis accounting under GST?
This is one of the major confusions that has been there and I'm sure if you are associated with
a professional firm even you might have gone through it.

Pl suggest how to account for the same and record income.

how to file an income tax return of an assessee who died. and what are other formalities for income tax purpose.

please reply

Please tell, what will happen if set top boxes are replaced with new one by the local cable operator. What about the tax paid on purchase of new boxes by LCOs.what will be mentioned in invoice in case of free replacement...

PPF RS. 1,20,000 + LIC PREMIUM RS 37,796 = TOTAL RS 1,57,796 OUT OF THIS RS 1,50,000 IS ALLOWED BUT WHILE CLAIMING RS 1,57,796 IN ITR-2 THE ALLOWED DEDUCTION IS JUST RS 1,26,501 INSTEAD OF RS 1,50,000. PLEASE SOLVE MY QUERY. AND OBLIGE.

As per Amendment in Section 185 of the Companies Act, 2013, a company can provide loan to person in whom director is interested subject to the condition that special resolution for the same is passed. In view of the aforesaid amendment we have the following queries:

1. Whether the shareholders’ approval required is “prior” i.e. before advancing of any loan or “post” i.e. after the grant of loan?

2. In case if the approval to be obtained is post i.e. after the grant of loan, whether the Company can take approval for all loans/guarantees/securities given during the year in the ensuing AGM? (For eg.- Can we obtain approval of shareholders in the AGM to be held in the year 2019 for all the loans/guarantees/ securities given by the Company during the period 7th May, 2018 to 31st March, 2019?)

One of my client is having income from professional fees. The TDS has been deducted at the time of payment but it has yet not been deposited pertaining to p.y. 2017-18. Since the due date is approaching for filing of income tax return, so shall his income tax return be filed with out claiming tds by claiming tds in next year or i should claim tds and file return and don't bother about whether TDS is reflected in Form 26AS.

The company which has deducted TDS is claiming that it would pay but since last 6 months we are following up for TDS Certificate but the company is not responding.

Please guide

Sir,

I had Purchase Tax invoice ITC not claimed in the month of october 2017 but it is not included in October 2017 GSTR3B, we think we can accept GSTR2 but GSTR 2 Notification Not released, it is showing in GSTR2A view

So, we are claiming ITC Refund and shall I take october 2018 ITC in this month ie July 2018 if we take any problem in Refund and fy wise

Please clarify and if we take which section it is applicable

Thanking you

Sir/Madam
A private Limited Company with 2 directors One director retires and files DIR-11 on 26/04/2018 without intimation. He sends Late intimation to Company on 10/06/2018. New director has been finalized and DIN of new director received now. Company has not filed DIR-12 for appointment of New director nor has it filed cessation of retiring Director yet.
What is the way forward in this matter. What will be the Implications on the Company.
Thanks