Anonymous
03 February 2018 at 19:38

Personal loan interest in itr

Respected Sir / Madam.,
A individual Assessee wrongly taken the interest paid amount on Personal loan Rs. 50k in his ITR for the AY 2016-17. But the Personal loan amount Rs. 3L and its using business.
Now., I got the books f accounts and found the details. In this situation

What are the steps taken myself for filing ITR...?
Can I reverse the Interest amount Rs. 50k in AY 2017-18? or
Can I continue taken the Interest amount as Expenses...?

Read more at: https://www.caclubindia.com/experts/personal-loan-interest-taken-in-itr-2626039.asp


Ramachandra Reddy
03 February 2018 at 18:30

Ewaybill under bill of supply

Sir
In bill of SUPPLY we won't enter the tax details..
What the case for ewaybill that we need to enter the tax details as 0.5%,0.5% or 0%,0%.
Please suggest


Guest

Urgent Basis Sir Please provide the Letter format


hetal sangoi
03 February 2018 at 17:30

Fema: tr of fund from nro to nre in india

What is the limit of transfer of AMOUNT from NRO to NRE account in the F.Y. what is the maximum limit in amount?What documents are required to submit to Bankers ?


Rimjhim Gupta

Sir,
What is the tax treatment of preliminary revenue of the company? Whether preliminary expenses can be set off against preliminary revenue?


Akash Kumar
03 February 2018 at 16:21

Gst invoice

If i am a registered dealer can i issue invoice to unregistered dealer without GST and to registered dealer with GST.



Anonymous
03 February 2018 at 16:04

Tds

sir
i want to know sir
i am manufacturer and purchase raw material from some body then will i able to deduct tds at payment time from him if yes then which section of tds is coverd.


Ankush Kumar

My Age is 78 years, and i am receiving pension amounting Rs. 7800/- per month.I have received amounting Rs. 17,00,000/- as arrear of Pension. My department has deducted my Income tax on the basis of current Income tax Slab.Hence, please let me know that how to compute my income tax correctly because i think the way they deduct my income tax is wrong and along that if my Income Tax will be low as compared to current deducted income tax then how to claim my Income tax refund.

Please reply as early as possible.


sanjay
03 February 2018 at 15:44

Long term capital gain on propperty

Sir
I would like to know about the taxation of Capital Gain on Sale and purchase of Property if it is sold after 1 year and after 2 years according to the Budget 2018. Will it be taxed at short term or long term?
Pl guide with example.
Regards
Thanks


RONI
03 February 2018 at 15:34

Income tax

Dear Sir,
My friend has only agriculture income of Rs. 456000/-as his principal source of income for earning livelihood . Whether it is business income.
and PROFIT AND LOSS A/c require to prepare.