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

which itr should i file for newspaper agency business ???

I have theCA firm number require the membership number of the partner and their names.

Details of the firm are as below:

FRN: 008433C
Firm Name: Maneesh Avneesh & Co.,

It will be helpful if the link is also shared.

Thanks in advance

i am running a small REPAIR shop of REPAIRING two vehicles doing business of around 4.5 lakh per anumn
am i required to get my business registered under service tax or vat or any other act

recently I came across a file of assessee wherein it was filed online by another tax consultant who on same day for ay 14-15/15-16/16-17. but as far as my knowledge goes income tax website doesn't allow filing of older return.. please guide can older than 2 years return be filled or not? thanking you

What is the last date of ITR file for the financial year 2015-16 ??? can we file this return 31 March 2018??? some people ask this question

Hello, My query is that if an individual ,who is receiving interest on investment in public provident fund (PPF) , invests the interest in the PPF then whether deduction of such an investment will be allowable u/s 80C?

Dear Sir/Mam,

i have following details, please suggest how to pass journal entry??

Total Net profit 328750
Interest on housing loan 40104 for the entire year(shown negative balance while filling the ITR)
ITR shows Net Profit of 288644.

how to pass entry for the above mentioned details to transfer profit to capital account
How much profit should i show in profit and loss account and how much profit should i transfer to capital account?

Please help to solve the problem


Thanx regards,

Chandni.