paul sunny
05 September 2020 at 19:42

Income tax deduction

My total saving is rs 20000. My income is taxable. I m unmarried. My mother hot family pension. Her income also from all sources is 550000. & her total saving is only 50000. Can I show my extra saving in my mother ITR?


Kollipara Sundaraiah
05 September 2020 at 19:12

Rule 36(4) applicable present

Any gst registered regular scheme dealer itc claim rule 36(4) provision applicable present gstr3b return August,2020.


Akshay
05 September 2020 at 18:50

Regarding Documents Required

I operate my business from one of my friends flat....I do not pay rent or no transaction/agreement regarding that. Which Document should i submit for GST registration.


GURLEEN KAUR
05 September 2020 at 17:25

Tds on advertisement

we have to pay 30600/- for advertisement? is this amount liable to deduct TDS?


Shivansh Kumar

Hi,

As per Section 24, interest during the pre-construction period can be claimed as a deduction in five equal instalments starting from the year in which the property is acquired or construction is completed. I have 2 queries in relation to this:

1. A customer had taken the loan from a bank during pre constrcution period, however, the customer has now repaid the full amount of loan to the bank after pre construction period. Can the customer still claim deduction of interest for the 'Pre-construction' period?

2. A customer had taken the loan from a bank during pre constrcution period, however, the loan has now been transferred from bank to individual. Hence, the home loan still exists, but now its been taken from an individual. Can the customer still claim deduction of interest for the 'Pre-construction' period?

Thanks in advance!


PRADEEP K VERMA
05 September 2020 at 15:59

TRUST OR SEC 8 COMPANY

Dear Members

We need registration for run a school, Please suggest which one is better in Trust or section 8 company.
1. except contribution from member remaining fund to be arranged through donations.
2. if 3 Members are relatives.

Thanks in Advance


Jetendra Saini
05 September 2020 at 15:40

Accrued interest on TDR

Sir,
I would like to know the treatment of Accrued interest income in case of following TDR:

Date of Deposit: 01.01.2017
Date of Maturity: 01.01.2020
Accrued interest as on 31.03.2017:X
Accrued interest as on 31.03.2018:Y
Accrued interest as on 31.03.2019:Z

X is included in Y and Y is included in Z.

How accrued interest will be calculated for the FY2017-18, 2018-19,2019-20.

Please help me regarding this. Thanks.




MANOJKUMAR G JAIN
05 September 2020 at 14:40

Depreciation

if any fixed asset life expired under companies act than i write off the whole value of fixed asset in profit and loss account than what is the tratement of deffered tax and also income tax depreciaiton


ANIL MATHUR
05 September 2020 at 14:20

APPLICABILITY OF TCS

Please advice , to whom TCS is applicable form 01/10/2020, only for composition dealer or to all.


MALLIKA P
05 September 2020 at 14:05

GST REGISTRATION WELDING WORK SHOP

Hi,

Doing a welding workshop business, need a GST registration for customer to participate in a Government tenders.

Is Welding workshop - GST registration can done in Composite Scheme?

Nature of business activity what should be mentioned while doing registration?

Thanks & Regards,

Mallika.P