In sec. 44AE if at the beginning of the year in April assessee has 9 goods carriage and then from May they increased say 20 then also estimated income if Rs. 7500 pm. I.e 7500*9*1+7500*11*20. Here wording of section is who own not more than 10 goods carriage at "any" time..? Whether this will be calculated as above?

In parveen sharma sir amendment notes ques 17 and 26 are identical but in question 17 10% premium on redemption is not considered while in question-26 it is considered. Please explain in detail.

These question are also in study material and same treatment is done.

If an assessee procure a land of Rs-748611, Reg Cost 44960/-in FY 13-14, Cost of Improvement FY-14-15 Rs-848952/- and FY-15-16 Rs-201540/-. sale consideration Rs-2140000/- in the FY 16-17.

Please the amount of capital gain has to pay be the assessee.

Regards
Amit Nandy

MAT is apppicable to a company. But that company is eligible for 80 IA deduction .Than can the company claim 80 IA deduction .

dear sir/madam,
i have an question for epf. In pvt school has 11 employees, could it under epf?

thanking u
joydeep

PL LET ME KNOW THE LAST DATE OF RETURN FILLING F.Y : 2015-16.

IS IT 31-03-2017 ??????????

OR

31-03-2018???????????????

Hi,

Gst will replace all indirect tax as VAt, CST, Entry tax and etc. GST will apply on supply of goods and service, Then how and when entry tax as applied on goods or double GSt will be applied for i.e. IGST on supply of goods and GST on the time of import goods?

Dear Experts,

Please advise me which ITR form to be filled for an individual having below income :-

1) Income from 4 heavy trucks (12 months) (in which Head)
2) FDR Interest (in which Head)
3) Salary income (in which Head)
4) Saving Interest (in which Head)
5) Some misc. income (in which Head)

Please advise which ITR should he filled for A.Y. 2017-18.

Regards,

Rakesh Sharma

I had sold my property and puchased a land then constucted a house as per 54 f. my query is that can i use the remaining portion of vacant land for commercial activity

Dear Expert,

LTCG is tax free and STCG is taxable at 15%.

I am a service person with taxable income of around 7 Lakhs (after exemptions of 80C, Home Loan Interest etc).

At 15%, on a STCG of 1L, the payable tax will be 15000. However, if I declare this income in SARAL form under "income from other sources", the tax is automatically calculated depending upon the overall calculation of taxable income.

Please clarify where this income should be declared (in SARAL or elsewhere) and how much tax is to be paid etc.

Best regards,
Rakesh Dubey