My friend had given a loan to his relative through a cheque in a financial year. He received back the sum in total in another financial year through NEFT/ Cheque .

Since the amount involved is around rupee 5 Lakhs, how can this amount be shown in ITR, as the IT Dept may issue notice for the high transaction?

Any option for revise the GSTR-1 after summation in GSTR portal.

When is the GSTR 1 Due date for Jan?

Whether GST applicable on employee notice pay recovery?
Also whether exemptions as an unregister person?

Dear Sir,

What is the Interest/Penalty applicable if wrong utilisation of Input tax credit on Capital Goods ?

Shall we take Input tax credit paid on capital goods in one installment?

if not what are the remedies available for the credit taken in single installment ?

Hi,

I have rented out a Warehouse / Godown for storage of goods on a temporary basis for 1-2 months.

My Place of Business and the Rented Warehouse / Godown are in different cities within SAME state.

I have the following questions,

1. Whether do i need charge GST for above stock transfer?

2. Whether have I to raise 'TAX INVOICE' or 'DELIVERY CHALLAN'?

3. In E-way Bill, under sub-type do i need to select 'SUPPLY' or 'FOR OWN USE'?

4. Procedure for Sale from the Rented Warehouse/Godown - Invoice and E-way Bill.

Thanks in advance.

If i had an icici pension plan policy from 2003 and i surrendered it in Feb 2018 and gets some amount in Feb 2018.

Then it is tax free or LTCG applicable ??

Please advice

Which form we need to file if director status is additional director who was appointed in june 2017 .

I have filled my online return in ITR 3 Form for the f.y 2016-17 on 17-11-2017 (belated, No Tax audit case individual ) for claiming refund of TDS but I have received a notice under section 143(1) that tax credit mismatch or not showing in Form 26AS. while when I was filing return I have checked thoroughly that TAN no. And amount of TDS was correctly filled and crossed checked it from Form 26As. Every thing was correct. But don't understanding the reason for not getting TDS REFUND. So I have filled rectification request online today and select reprocessing the return again and checked the box tax mismatch box.

So I want to know how much time it will take to get process online rectification request..?
Or I have to fill revised return..?

Hello Expert,
My father -in-law is a retired X.En. of govt. of rajasthan, now he have joined a NGO as a technical consultant. As a technical consultant, in what section his income is taxable? which Income Tax Return is specified for this type of income?

Thanks