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Akansha upadhaiye
23 January 2020 at 16:59

Bifurcation in table no.6

Input tax credit on bank charges will come under which heading- input, input services or capital goods.
Itc on laptop bill will come under which heading- input, input services or capital goods.
Kindly explain the bifurcation.


Legal Assistance
23 January 2020 at 16:54

FCRA registration

Our society is registered in july 2019. Previously it was run as an AOP and doing charitable work duly recognised by collector of the city. Now our FCRA registration is denied on the ground that our society is new and it is not 3 years old. I have gone through FCRA Act, in the Act, it is written that applicant organisation should work for reasonable time in charitable activities. Now my view is our society is old but we have registered it in july 2019. What is your suggestion and solution?


BUDDHA DEB DAS
23 January 2020 at 16:26

Government Bond

Compensation received from Developer for surrendering of tenancy rights ,can she invested in any government Bond the whole amount she received to get relief from not paying any Income Tax


Manish Sethi
23 January 2020 at 13:58

RCM APPLICABILITY

Does RCM applicable if GTA is UR and belongs to other state.


Suresh Chand Agarwal
23 January 2020 at 13:42

Long term capital gain

I have sold land on 28.08.2019 for Rs.80,00,000 index cost is Rs.7059680 I am deposit in Capital gain Bonds Rs.50 Lakhs and How much have to invest residential Flat. How much will be exempt U/s 54EC and U/s 54F.


J DAMODARAN
23 January 2020 at 13:09

GSTR 9

Dear Sir,
Please clarify whether HSN Wise Outward and Inward Tax is mandatory to be filled in GSTR 9.
Thanks


mangesh chitnis


We have received a mail from Income Tax Dept. regarding providing facility for accepting payments through prescribed modes by a person having business turnover of Rs. 50Cr vide notification no. 105/2019 dt 30 Dec 2019. But practically these modes are useless for us as client never visits our premises. Is there any minimum swipe amount per month required by Income Tax dept.

Thanks & regards


P.Madhivadhanan
23 January 2020 at 11:35

LEAVE SALARY TAXABILITY

AN ASSESSEE WHO WAS RETIRED FROM TAMILNADU STATE GOVT SERVICE RECEIVED 347500 AS ENCASHMENT OF UNEARNED LEAVE ON PRIVATE AFFAIRS AT THE TIME OF RETIREMENT. IS IT TAXABLE OR EXEMPT U/S 10(10AA)


Ramakant Yadav
23 January 2020 at 11:35

Govt. Contribution in NPS

Since Govt. has increased its contribution in NPS from 10% to 14% w.e.f. 01.04.2019. I want to know that Can contribution 14% in NPS be claimed u/s 80CCD(2) or 10% in NPS be claimed u/s 80CCD(2)?


Adv. Kiran Marathe

we have received the order u/s 143(3) from income tax authority. TDS shown in the order is the lesser than the actual TDS declared in income tax return filed and also same TDS credit allowed under the intimation 143(1) received by the income tax. My question is whether we can file the online application u/s 154 against the order 143(3) or we need to submit the offline application for same to the assessing officer. I have also tried to submit the online application u/s 154 but it is allowed only against the 143(1) which is not useful in our case. Please reply.

Thanks In Advance.







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