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Deepak

I want to file ITR 1 for A.Y. 2017-18. Please guide me. How to request for condonation of delay u/s 119 (2) (b)?


kaushal j suthar
29 February 2020 at 15:26

Apartment association income tax liability

Our apartment having 20 flats. The Apartment is running by an owners association. Association has a by laws which is not registered anywhere. Purpose of society to maintain apartment, flat owners are paying Rs.300 monthly for maintenance. Further association is earning FD Interest of Rs. 30000 per annum on which TDS is deducted.
1. The association is only meant for maintenance purpose, not for earning purpose, filling of return is necessary. If necessary what will be the status of association.
2. FD Interest income exempt or not . If Taxable tax of rate on FD Interest income.


65PUJA GUPTA

My Mother-in- law is more than 40 % disable ( Paralysis ). She is living with me and totally depend on me . I am incurring her medical expenses and nursing exp. She have only one Daughter ( my wife)
Can I claim rebate u/s 80 dd ? Will she treat dependent on me ?
Regards


Ankit chaturvedi
29 February 2020 at 13:59

ITR-4

QA. A Person who has having Income From Presumptive Basis , But he owns one House only, Can he File ITR-4?

QB. Is ITR 4 Applicable to Individuals only? or it is Extended to HUF and Firms?


JIGNESH KRISHNAKANT KAPADIA

Sir / Madam,

My view is that tds in respect of services rendered by event management / catering service provider / Photographer is subject to TDS @10% as"Professional services" u/s.194J even though same has not been specified u/s.44AA.

As in aforesaid cases they are rendering professional services which implies contracts between contractor and contractee. so it would not fall u/s.194C. Mere relationship between contractor and contractee is not only matter to charge section 194C.

Pls. clarify the same.


Amit N. Jain

Dear Sir/Mam,
What are the provisions relating to compulsory maintenance of "Tax Invoices in "physical form""? i. e. whether physical copy of maintenance of the same is required when the same is maintained in an accounting software & the copies of the Tax Invoices are issued to the customer. The invoice copy is not intended to be maintained.

So, kindly provide clarifications as to whether such relaxation is provided under the GST Act.

Thanking you in advance


Mugdha
29 February 2020 at 12:50

TDS on foreign Remittance

Dear Experts,

We are going to make foreign remittance to Finland country to a individual for attending seminar (Professional Fees + Traveling Exp). That individual wants 4 Lacs in his hand . Whether any certificate required from Chartered Accountant . if Yes which certificate to be taken from CA . is tds applicable for such transaction at what %. Please reply .Thanks in advance .


JIGNESH KRISHNAKANT KAPADIA

Sir / Madam,

Pls. let me know about tds implication in case where consolidated bill is received for material and labour. And no seperation can be made. whether it is subject to tds in case where it exceeds thresold limit u/s194C. So tds will be applicable on entire amount of consolidated bill.

Jignesh Kapadia


jagdish ahuja
29 February 2020 at 12:33

Tax audit

The tax audit limit from 1 crore to five crores is effective from 1st April 2020 or retrospectively from April 2019 pls clarify thanks


Ankur Singhal

Whetther GST is applicable on Lease Rental received for Land given to a Rice Mill on lease. is it exempt as the activity of rice mill is related to agriculture.
If land is given only for storage/ warehousing of agriculture produce to rice mill then what will be the treatment.
If exempt please give reference.







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