My father has been getting treatment of Parkinson disease. I have spent about Rs. 60000/- to pay medical bills. My father is an retired govt employee having pension & FD interest as income. Now my question is that whether he can claim the above medical expenses u/s 80ddb in his IT return which is actually paid by me?
which column of itr2 should I use to show Long term capital loss from sale of listed shares? I have total Long term capital loss of rs. 25000/-. upto 15/06 profit of rs. 10000, from 16/06 to 15/09 profit of Rs 15000 from 16/09 to 15/12 Loss of Rs 25000 from 16/12 to 15/03 Loss of rs. 25000 Kindly suggest me which columns should be used to show Long term loss
Dear Sir/ Madam,
One of my clients sold 22 carats gold ornaments for Rs. 30,00,000/- in the month of March 2018 and another sale had been made for Rs. 20,00,000/- in the month of April 2018. Later he purchased a residential flat for Rs. 55,00,000/- in the month of July 2018. He have no any other residential flat / house except this. Kindly advise me for claiming exemption u/s 54 F and if possible send the related case law also. Thanking you
As per above notification against sr no 9 certain entries of multimodal transportation of goods are included
whether it covers Export Sea Freight ?
Dear All,
If A and B took joint loan for business they are husband and wife , but only B is proprietor in a business. Then under Income tax law B can avail any benefit ? We can show this loan as secured loan in B's business.
Can a resolution giving consent to the Scheme of Amalgamation as a Shareholder / Creditor be passed by means of circular resolution?
Dear all,
Please let me know if a person start his own business form jan 2018, from which date we can write his accounts for F.Y. 2017-18. If we start to write from Jan 2018, but for income tax return purpose his account to be kept from April 17 to March 18. Now from which month i.e. April 17 or Jan 18 we should write his accounts.
My client is a works contractor bought a tipper lorry for transporting materials to various sites. Can he take input GST credit for the same?
Thank in advance
Hi ,
My wife is house wife and doing small activities i.e. Tuition etc . In her initially career , she usually took the help from my mother . Now ,she is stable and return back there money who is senior citizen now . My Quarries are ,if she transferred 10 lacs , it is taxable to my mother hand ?
Thanking you .
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Deduction u/s 80ddb