Sir,

In a partnership we have turnover Rs.2925000/-get a profit 649750/- after Salary of both partner its 169750/-So can we need to do tax audit. and tax calculation amount of 649750 or 169750/-how much income tax we need to pay

Please reply

Hi, Sir
I want to know how washing allowance calculated for a salaried person. Is there any notification.

How to cancel of GST registration by tax payer

Hi

Is interest u/s 234b(3) is in addition to 234b?

Thanks in advance

I have have filed it return for f.y 16-17 after that i came to know that one of my party has deducted tds. Now can i claim that tds in 17-18. In this year i am not liable to pay tax how can i get refund.?

Late fee regarding gst

One dealer was found claiming excess sgst ITC in tran1 than what was in his original return filed for 6/17.The dealer was asked to reverse the excess ITC with interest.How he could reverse the ITC as there was no facility today I.e neither in gstr1 or gstr3b.Is it suggested that the dealer to deposit the said excess ITC in tax and interest head.If he deposit,then there will be possibility for adjustment of said tax in subsequent tax period.Thus how he will reverse the excess ITC so availed?

Dear sir/ madam, Composition dealer are required to pay tax on URD purchases?

A proprietor OF A firm received above intimation from CPC, Bangalore. The proprietor as shifted residence from Tuticorin, Tamilnadu to Bangalorer had applied for change in jurisdiction. In his return for AY 2016-17 he claimed for FTC under DTAA. CPC had transferred the file in May 2017 to AO, Tuticorin as found in PAN details as they did not have facility to verify foreign tax payment. The AO, Tuticorin had not assessed as the address noted in PAN details was not in his jurisdiction. But the jurisdiction is yet to be transferred. Now in March'18, CPC had assessed and sent the intimation u/s 143(1) in which they had not considered FTC under DTAA. They had not rejected that claim; Not considered/referred. Now to whom the proprietor of the firm apply for reconsideration.Is there any provision in e-filing portal. The tax consultant had made much confusion while filing the return. Nw the Proprietor himself has to proceed wityh the advise of experts

is recovery agent intermediary?