SUBIR GUHA
31 May 2017 at 18:20

Financial statements for 2016-17

Are there any changes in the Directors Report , Auditors Report , Notes on Accounts and/or the body of the Balance Sheet and Profit and Loss statements in the F.Y. 2016-17 from the previous year 2015-16.


SIVA SHANKAR PANDA

Please help me out regarding rate of TDS on purchase property from NRI.


Raghavendra K S

ABC Ltd (opted to pay duty @ 2% without cenvat credit under Notification No. 01/2011) sends raw materials to Mr. X (Job worker) for job work. Job worker processes the goods with brand name of ABC Ltd. In this scenario,
(1) can ABC Ltd send materials to job worker under Rule 4(5)of Cenvat credit rules? or ABC Ltd should follow notification 214/86?
(2) Who is liable to pay duty on final product, ABC Ltd or Mr. X?


princi
31 May 2017 at 17:13

private trust

Earlier we have filed the return itr-7 for the AY 15-16, having intt income amounting to RS.900000.Now the same get defected and the demand is raised.So plz tell me how to respond such demand.As per the advice of other expert itr5 should be filled instead of itr7.


CA Gaurav Ajit Potdar

Hello everyone..
One of my clients name is wrongly entered in Income tax data base. eg Raju (correct as per PAN card) but on Income tax Data base Rju (wrong). As my PAN card is correct i doubt filling PAN correction form would be a solution for this issue.. I want to correct the name on Income tax data base.
can anyone guide me on the said issue?


Anshu
31 May 2017 at 16:42

44ad

Hello sir,
If an individual is dealing in properties. Can he claim sec. 44AD? If yes, how his gross receipt should be calulated?


I M Virani
31 May 2017 at 16:38

Refund claim of tds deducted @ 20%

I had purchased ICICI Bonds in F.Y. 1999-00, which got redeemed in March '17 for which a cheque was issued to me after deducting TDS @ 20% for non submission of PAN. How can I claim refund now since I fall in the tax slab of 10%?



Govind JK Kolappan
31 May 2017 at 16:14

Gta and rcm - input credit

Dear experts

when a service receiver for goods transport, pays GST on Reverse charge - will he be eligible to take such RCM as input credit

Assume his out put is taxable under GST

Thank you



Anonymous
31 May 2017 at 15:34

Family pension

My Client's husband passed away but she did not receive any pension for next 33 months. Then she was given pension in lump sum for 33 months. How can I calculate tax on it. Also, is there any relief which can be claimed as it does not contain any arrears relating to pay commission?






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